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Currency & Taxes
Currency
Canadian currency is in dollars and cents. Our one dollar and two dollar denominations are coins, commonly referred to as loonies and toonies, respectively. Other denominations are bills.
Taxes
The Provincial Sales Tax (PST) of 7% and Goods and Services Tax (GST) of 5% applies to most goods and services purchased in Greater Victoria and British Columbia. Expect to be charged 12% in taxes on top of the displayed retail price.
For hotel rooms, a PST of 8%, GST of 5% and Municipal and Regional District Tax (MRDT) of 3% will be assessed. Depending on the hotel, you may be assessed an additional Destination Marketing Fee (DMF) of 1% as well.
