Quarterly cost of sending 200 USD worth of remittances from Canada 2011-2023
Remitting from Canada incurred an average cost of 6.5 percent over the course of 2023, an increase when compared to the previous year. The cost of sending money from the North American country was at its highest in late 2011, and generally declined since. The source adds that outgoing remittances from Canada were slightly more expensive than the average for the G20 countries, which was estimated at 6.39 percent for sending money worth 200 U.S. dollars.