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Experts advise packing lightly on cash when travelling
Experts advise packing lightly on cash when travelling

National Post

timea day ago

  • Business
  • National Post

Experts advise packing lightly on cash when travelling

When was the last time you pulled out cash to pay for something? Many Canadians might have to think long and hard, especially if they're younger. Article content Canada has gradually moved toward becoming a cashless society, with most people paying for purchases with smartphones or credit cards. However, whether or not you should carry cash — and how much — can still be a point of contention when travelling abroad. Article content Article content Article content 'The question shouldn't be whether cash is still worth it, but it's how to use it wisely, especially when every dollar counts,' said Amra Durakovic, a spokesperson for Flight Centre Travel Group Canada Inc. Article content Article content She said the decision to carry cash and the amount depends on the destination, purpose of travel and how prepared a traveller wants to be. Article content When Durakovic was travelling to Nicaragua, she knew the airport transfer cost and driver tips would likely be a cash-on-hand situation. For her Morocco trip not too long ago, she said she carried small bills in U.S. dollars when visiting local markets and to pay for taxis. Article content Even if you're going on a cruise or to an all-inclusive resort, carry some cash for tipping staff, Durakovic suggested. Article content 'We would recommend that you do carry a modest amount in bills, ideally in the currency that's most widely accepted locally,' she said. Article content Durakovic said she personally takes at least US$100 in cash when travelling abroad, mostly in smaller bills. Article content Article content She also emphasized paying gratuities on all-inclusive trips in Canadian dollars ahead of time to avoid exchange rate surprises or finding out there are no ATMs on-site at the resort. Article content Sometimes, all-inclusive resorts and cruises can include gratuities in a daily service charge, allowing travellers to account for tips in their budget ahead of time. Prepaid gratuities are typically broken down per night and per guest. For example, Disney Cruise recommends a prepaid gratuity of between US$16 and US$27.25 per night, per guest. Article content When Nicole Hui was preparing to travel to Japan earlier this year, one of the first things she researched was whether it's a cash-reliant economy. Article content The travel and lifestyle content creator said she brought some cash to cover the initial transit from the airport, meals and tipping. But she took out money she needed after that from an ATM at a Japanese 7-Eleven — with a better exchange rate than what she would have received at Canadian banks.

Experts advise packing lightly on cash when travelling
Experts advise packing lightly on cash when travelling

Toronto Sun

timea day ago

  • Business
  • Toronto Sun

Experts advise packing lightly on cash when travelling

Published Jul 22, 2025 • Last updated 11 minutes ago • 3 minute read A man counts Indonesian rupiah banknotes at a currency exchange office in Jakarta, Indonesia, on Thursday, Oct. 5, 2023. Photo by Dimas Ardian / Bloomberg When was the last time you pulled out cash to pay for something? Many Canadians might have to think long and hard, especially if they're younger. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Canada has gradually moved toward becoming a cashless society, with most people paying for purchases with smartphones or credit cards. However, whether or not you should carry cash — and how much — can still be a point of contention when travelling abroad. 'The question shouldn't be whether cash is still worth it, but it's how to use it wisely, especially when every dollar counts,' said Amra Durakovic, a spokesperson for Flight Centre Travel Group Canada Inc. She said the decision to carry cash and the amount depends on the destination, purpose of travel and how prepared a traveller wants to be. When Durakovic was travelling to Nicaragua, she knew the airport transfer cost and driver tips would likely be a cash-on-hand situation. For her Morocco trip not too long ago, she said she carried small bills in U.S. dollars when visiting local markets and to pay for taxis. Plan your next getaway with Travel Time, featuring travel deals, destinations and gear. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Even if you're going on a cruise or to an all-inclusive resort, carry some cash for tipping staff, Durakovic suggested. 'We would recommend that you do carry a modest amount in bills, ideally in the currency that's most widely accepted locally,' she said. Durakovic said she personally takes at least US$100 in cash when travelling abroad, mostly in smaller bills. She also emphasized paying gratuities on all-inclusive trips in Canadian dollars ahead of time to avoid exchange rate surprises or finding out there are no ATMs on-site at the resort. Sometimes, all-inclusive resorts and cruises can include gratuities in a daily service charge, allowing travellers to account for tips in their budget ahead of time. Prepaid gratuities are typically broken down per night and per guest. For example, Disney Cruise recommends a prepaid gratuity of between US$16 and US$27.25 per night, per guest. This advertisement has not loaded yet, but your article continues below. When Nicole Hui was preparing to travel to Japan earlier this year, one of the first things she researched was whether it's a cash-reliant economy. The travel and lifestyle content creator said she brought some cash to cover the initial transit from the airport, meals and tipping. But she took out money she needed after that from an ATM at a Japanese 7-Eleven — with a better exchange rate than what she would have received at Canadian banks. But usually, Hui's go-to is her no-fee credit card. 'If it's a less cash-heavy place, I usually just stick with using (a credit) card, but still bring $100 to $200 of local currency for the trip, just in case it's needed,' Hui said. But experts say exchange rates should be kept top of mind when travelling abroad. This advertisement has not loaded yet, but your article continues below. 'My issue with cash going abroad is it's really expensive to exchange, depending on where you're going,' said personal finance and travel expert Barry Choi. Choi's turning point was when he travelled to Brazil and Argentina almost a decade ago and faced an exorbitant exchange fee at the bank. Ever since, Choi said he prefers either a no-fee credit or prepaid cards, or he will withdraw money at ATMs abroad, if needed. He advised looking for a travel card that allows charge-free ATM withdrawals, credit cards with no or lower exchange-rate fees or a multi-currency card, such as Wise. He does not recommend exchanging money at the airport. Choi's decision to carry cash and the amount comes down to researching what the acceptable currency is in the country he's visiting. This advertisement has not loaded yet, but your article continues below. He recalled travelling to the United States earlier this year and not using cash once during his trip. Another downside to getting cash is the leftover local currency you may never use, Choi said. 'Why I tell people to carry less cash is: Back in the day, you would keep exchanging all this money, you'd pay high fees to begin with, and then you're left with these random currencies that you may or may not use,' he said. There's a chance of losing money when exchanging leftover local currency for Canadian dollars, depending on the exchange rate fluctuations. But Choi said he still carries US$50 in local currency that can cover a meal or taxi ride, just in case. 'There are still a lot of stores that only take cash, so you could be in the middle of nowhere or even a country where you don't speak the language,' he said. 'You should always have some kind of backup cash, even if it's U.S. dollars, Canadian dollars, or whatever.' Sunshine Girls Television Canada Columnists Sunshine Girls

Experts advise packing lightly on cash when travelling
Experts advise packing lightly on cash when travelling

Yahoo

time2 days ago

  • Business
  • Yahoo

Experts advise packing lightly on cash when travelling

When was the last time you pulled out cash to pay for something? Many Canadians might have to think long and hard, especially if they're younger. Canada has gradually moved toward becoming a cashless society, with most people paying for purchases with smartphones or credit cards. However, whether or not you should carry cash — and how much — can still be a point of contention when travelling abroad. "The question shouldn't be whether cash is still worth it, but it's how to use it wisely, especially when every dollar counts," said Amra Durakovic, a spokesperson for Flight Centre Travel Group Canada Inc. She said the decision to carry cash and the amount depends on the destination, purpose of travel and how prepared a traveller wants to be. When Durakovic was travelling to Nicaragua, she knew the airport transfer cost and driver tips would likely be a cash-on-hand situation. For her Morocco trip not too long ago, she said she carried small bills in U.S. dollars when visiting local markets and to pay for taxis. Even if you're going on a cruise or to an all-inclusive resort, carry some cash for tipping staff, Durakovic suggested. "We would recommend that you do carry a modest amount in bills, ideally in the currency that's most widely accepted locally," she said. Durakovic said she personally takes at least US$100 in cash when travelling abroad, mostly in smaller bills. She also emphasized paying gratuities on all-inclusive trips in Canadian dollars ahead of time to avoid exchange rate surprises or finding out there are no ATMs on-site at the resort. Sometimes, all-inclusive resorts and cruises can include gratuities in a daily service charge, allowing travellers to account for tips in their budget ahead of time. Prepaid gratuities are typically broken down per night and per guest. For example, Disney Cruise recommends a prepaid gratuity of between US$16 and US$27.25 per night, per guest. When Nicole Hui was preparing to travel to Japan earlier this year, one of the first things she researched was whether it's a cash-reliant economy. The travel and lifestyle content creator said she brought some cash to cover the initial transit from the airport, meals and tipping. But she took out money she needed after that from an ATM at a Japanese 7-Eleven — with a better exchange rate than what she would have received at Canadian banks. But usually, Hui's go-to is her no-fee credit card. "If it's a less cash-heavy place, I usually just stick with using (a credit) card, but still bring $100 to $200 of local currency for the trip, just in case it's needed," Hui said. But experts say exchange rates should be kept top of mind when travelling abroad. "My issue with cash going abroad is it's really expensive to exchange, depending on where you're going," said personal finance and travel expert Barry Choi. Choi's turning point was when he travelled to Brazil and Argentina almost a decade ago and faced an exorbitant exchange fee at the bank. Ever since, Choi said he prefers either a no-fee credit or prepaid cards, or he will withdraw money at ATMs abroad, if needed. He advised looking for a travel card that allows charge-free ATM withdrawals, credit cards with no or lower exchange-rate fees or a multi-currency card, such as Wise. He does not recommend exchanging money at the airport. Choi's decision to carry cash and the amount comes down to researching what the acceptable currency is in the country he's visiting. He recalled travelling to the United States earlier this year and not using cash once during his trip. Another downside to getting cash is the leftover local currency you may never use, Choi said. "Why I tell people to carry less cash is: Back in the day, you would keep exchanging all this money, you'd pay high fees to begin with, and then you're left with these random currencies that you may or may not use," he said. There's a chance of losing money when exchanging leftover local currency for Canadian dollars, depending on the exchange rate fluctuations. But Choi said he still carries US$50 in local currency that can cover a meal or taxi ride, just in case. "There are still a lot of stores that only take cash, so you could be in the middle of nowhere or even a country where you don't speak the language," he said. "You should always have some kind of backup cash, even if it's U.S. dollars, Canadian dollars, or whatever." This report by The Canadian Press was first published July 22, 2025. Ritika Dubey, The Canadian Press Sign in to access your portfolio

Corrective to May 12 story on Statcan-Travel
Corrective to May 12 story on Statcan-Travel

Yahoo

time13-05-2025

  • Yahoo

Corrective to May 12 story on Statcan-Travel

In a May 12 story about Canadians travelling to the U.S., The Canadian Press misspelled the last name of Amra Durakovic. It also erroneously referred to Flight Central Travel Group. In fact, it is Flight Centre Travel Group. This report by The Canadian Press was first published May 13, 2024. The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Canadian travel to Cuba on a double-digit downturn in early 2025
Canadian travel to Cuba on a double-digit downturn in early 2025

Yahoo

time04-05-2025

  • Yahoo

Canadian travel to Cuba on a double-digit downturn in early 2025

Cuba saw a double-digit drop in the number of Canadians visiting the island nation this past winter, raising questions about what's behind the slide. Data from Cuba's national statistical agency reveals that the number of Canadians travelling there was at least 30 per cent below last year's numbers in January, February and March. Yet the downward shift goes beyond visitors from Canada, with Cuba also reporting a decreasing number of tourist visits from Russia, Spain and Italy, among other countries. The director of the Cuban Tourism Board in Toronto was out of the country this week and not available for comment. But the country's national tourism minister has recently hinted at the "complex" challenges Cuba is facing. Several domestic airlines and travel operators confirm they are seeing less travel to the Caribbean country that drew more than one million Canadian visitors annually in the years before the pandemic. "The reported decline in Canadian travel to Cuba aligns with feedback we're hearing from both customers and our travel experts," Amra Durakovic, head of communications for Flight Centre Canada, told CBC News via email. Cuba watchers say the country's accumulating economic and social challenges — on full display for tourists who venture away from resorts, and also in media reports — may be contributing to the decline in tourism. "The reality is that the country has changed significantly for the worse since the early 1990s, when Canadians began visiting the island in large numbers," said Ricardo Torres Pérez, a Cuban economist who pays close attention to the tourism statistics published by the state. Problems on display A prominent and recurring problem for Cuba has been its unreliable power grid and the effect that's having on the country and the lives of its people. For months, Cuba has seen repeated widespread power failures, including on back-to-back occasions last fall when the island was hit by successive hurricanes. There was also a major outage in December, and yet another in March. Andrés Pertierra, a Cuba analyst who previously lived and studied in Havana, was in Cuba for two of those major outages last year. He recalls the pictures shown on the news of darkened streets, juxtaposed against images of the lights working at hotels. "How do you provide an image of a carefree lifestyle, a quick, fun trip, when you have that?" Pertierra asked. Flight Centre's Durakovic says travellers are paying attention to the very public problems Cuba's been having, including the periodic power outages and limited availability of some essential goods and services, which he says "can understandably play a role in travel decisions." Since July 2023, Ottawa has warned Canadians to "exercise a high degree of caution" if travelling to Cuba. The full travel advisory points to shortages of food, medicine and fuel, as well as ongoing challenges with the power grid. LISTEN | Cuba, power outages and challenges for Havana: Torres Pérez said these problems are tied to Cuba's ongoing economic crisis. "The crisis has affected the quality of services, the state of infrastructure and has led to frequent blackouts," he said, noting there are also issues around keeping cities clean with "solid waste accumulating in the streets." Both Torres Pérez and Pertierra also say that amid these struggles, Cuba is seeing more problems with crime than it used to. "While one could argue that the island remains relatively safe compared to other Latin American countries, crime is on the rise — including incidents of pickpocketing," said Torres Pérez. 'I love the place' But the lure of Cuba's sunny weather and sandy beaches is strong, and for some Canadians, it's a place they'll continue to visit. Quebec resident Michel Dubois last visited Cuba in December and says he'll be returning there twice this year. "I love the place, that's it," said Dubois, a retired TV cameraman and editor, who worked for both CBC and Radio-Canada during his career. "I love the people." Dubois says he's made friends after making repeat trips to Cuba, and helps supply them with hard-to-come by necessities, like flashlights, when he visits. Sharon Pedley, of Brampton, Ont., intends to do the same, when she returns to Cuba later this year. She and her husband will pack an extra suitcase full of necessities — like over-the-counter medication — to bring for Cuban friends they've met through their prior visits. "You'll find a lot of the tourists that I know of, they'll do the same," said Pedley. The support that Pedley, Dubois and other like-minded tourists provide in this manner may benefit individual Cubans, but these visitors also provide the country with a critical source of foreign currency. Pertierra, the Cuba analyst, notes that as tourism wanes, "that will mean less foreign currency," which is critical for the country to have in order to import needed goods and supplies. A turn to China? This past week, Reuters reported that Cuba is looking to China as a possible source of new tourists. In March, the official Cuban Granma newspaper lauded the growing number of Chinese tourists heading to Cuba in recent years — from more than 8,000 visitors in 2022, to a reported 26,760 in 2024. But those numbers are far lower than the more than 500,000 Canadians who travelled to Cuba in the first three months of 2025 — and that's at a level 30 per cent below last year. Canadian travel providers point to continued interest from consumers, despite what the Cuban statistics suggest. "Although there has been a slight softening in bookings for the early part of 2025 compared to the previous year, we are also seeing signs of stabilization in the last month," Marie-Christine Pouliot, manager of public relations for Air Transat, said via email. Air Canada, meanwhile, told CBC News that "Cuba has been performing very steadily for us." Torres Pérez says Canada has long been Cuba's single-largest tourism market. Asked how it could potentially act to drive up those numbers, he suggested efforts could be made to improve the quality of service and ensure the hospitality sector has the supplies it needs to serve visitors.

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