Monetary Instruments

When moving to Canada, do not bring any significant amount (greater than C$10,000) of cash, traveler's checks, money orders, stock or bond certificates or other negotiable instruments with you. For amounts in excess of C$10,000 you must declare the amount at the border and it just stands to reason that you will be detained and asked to explain the source of all of it as part of Canada's attempts to stop money laundering. To avoid these complications, we recommend you transfer these items electronically through pre-established channels so Canada Border Services Agency can track the transaction easily. Any cash transactions in excess of C$10,000 are automatically reported. See Investment Planning section for more details on how to move your investment assets to Canada.