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🇨🇦 Silver Price Today in Canada | C$98.98
Live silver price in Canadian Dollar (CAD) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (CAD)
C$3.1823
Per Troy Oz (CAD)
C$98.98
Per Kg (CAD)
C$3,182
USD/Silver Spot
$72.78/oz
USD/CAD Rate
1 USD = 1.36 CAD
Gold/Silver Ratio
62.0:1
Silver Market in Canada
Canada is one of the world's leading silver producers, with major mines in Ontario, Quebec, and British Columbia. The Royal Canadian Mint produces the iconic silver Maple Leaf coin, one of the most widely traded silver bullion coins globally. silver is traded on the Toronto Stock Exchange through ETFs and mining equities.
Why do people in Canada invest in silver?
Canadian investors buy silver as a hedge against US dollar weakness and commodity price cycles. Given Canada's resource-heavy economy, silver provides diversification against domestic equity risk. Physical silver (coins and bars) from the Royal Canadian Mint is a popular choice due to trust in Canadian government minting standards.
Frequently Asked Questions — Silver in Canada
What is the silver price today in Canadian dollars?
The silver price in Canadian dollars is the USD spot price multiplied by the USD/CAD exchange rate. For example, if silver is $4,500 USD/oz and USD/CAD is 1.36, the Canadian price is approximately C$6,120/oz.
Where can I buy silver in Canada?
You can buy silver in Canada from the Royal Canadian Mint directly, authorized bullion dealers, chartered banks, and online platforms. silver ETFs are available on the TSX for paper exposure.
Is silver GST/HST exempt in Canada?
Yes. silver bars and coins with a purity of 99.5% or higher are exempt from GST/HST in Canada when purchased for investment purposes. Jewellery, however, is taxable.
How does the CAD/USD exchange rate affect silver prices in Canada?
Since silver is priced globally in USD, a weaker Canadian dollar means higher CAD silver prices — and vice versa. Canadian silver investors benefit when CAD weakens, but face headwinds when CAD strengthens.