Coins


In Canada, the maximum quantity of coins that may be used as currency within any given transaction is governed by the federal Currency Act, R.S.C. 1985, c. C-52.

According to s.8(2), payment by coins is legal for no more than the following amounts for the following denominations of coins:

(a) forty dollars if the denomination is two dollars or greater but does not exceed ten dollars;

(b) twenty-five dollars if the denomination is one dollar;

(c) ten dollars if the denomination is ten cents or greater but less than one dollar;

(d) five dollars if the denomination is five cents; and

(e) twenty-five cents if the denomination is one cent.