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when the news is posting that the cdn dollar is at par to the usd it means that the posted rate that the Bank of Canada is trading at is at par not for all trades.
foreign exchange is tiered like many other goods, the more you buy the better the deal.
go to you bank and ask what rate you would get for $1000 vs say $10000+, the later will have a slightly better rate, in addition getting it in a draft or deposit to an account will get you a better rate as non paper money transactions are cheaper for banks
unfortunately for everyday transactions you will incur a fee for exchanging your money but being smart about can save you some money.
but if you want a simple answer - vbce usually has a better rate than banks
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