Other articles of precious metals (including gold bullion, gold bars, and gold jewelry) also do not fall into the definition of “monetary instrument” or “currency.” However, these articles must also be declared as merchandise if they are acquired abroad.

The CBSA has the authority to seize all currency and monetary instruments if the entire value is not reported. They may be returned after a penalty is paid. Penalties range from Can$250 to Can$5,000.

You must declare: purchased goods. gifts, prizes or awards. goods bought at a duty-free shop (Canadian or foreign) that are still in your possession. the value of any work, including repairs, done outside Canada on items that you are bringing back.

Banks sell a variety of monetary instruments, such as bank checks or drafts, cashier's checks, money orders, and traveler's checks. 1 Bank checks or drafts include foreign drafts, which are drafts payable in foreign currency that are drawn on foreign banks.

When you arrive in Canada with currency or monetary instruments valued at CAN$10,000 or more in your possession, you must report it on Form E311, the CBSA Declaration Card (if one was provided to you), on an Automated Border Clearance kiosk or a Primary Inspection Kiosk, or in the verbal declaration made to a border ...

You may bring large sums of money with you in the form of cash, money order, or traveler's checks. There is no maximum limit, however, any amount exceeding $10,000 USD must be declared upon arrival on both the Form 6059B and FinCEN 105. All forms must be filled in completely and truthfully.

Travelers— Travelers carrying currency or other monetary instruments with them shall file FinCEN Form 105 at the time of entry into the United States or at the time of departure from the United States with the Customs officer in charge at any Customs port of entry or departure.