JL
Jocelyn Lamothe
Quebec, Canada · Independent · Since 2025

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I'm Jocelyn Lamothe — a Quebec-based software developer and the editor of USD2CAD.ca. I built this site after surveying the currency-conversion pages indexed for "USD to CAD" and finding the same pattern across most of them: marked-up rates passed off as live data, opaque spreads, and aggressive funnels toward whichever money-transfer provider was paying for placement. USD2CAD.ca exists to do something narrower and more useful — show the real Bank of Canada mid-market rate, let visitors convert any amount, and document the actual cost (in dollars and basis points) of each mainstream way to move money between USD and CAD.

I also edit CAD2USD.ca — the same approach applied to the reverse direction (converting Canadian dollars to US dollars).

How this site is built

Every comparison on USD2CAD.ca is built from documented public sources — issuer rate sheets, Bank of Canada reference data, broker fee schedules, and regulator publications — not from sponsored content or scripted affiliate copy. I do not claim first-hand testing of every product covered. The site is a research and aggregation effort: the cost of a Wise transfer, an RBC counter exchange, a Norbert's Gambit at Questrade, or a PayPal payout is reconstructed from each provider's current public terms and the Bank of Canada mid-market rate on a stated date, then expressed as an all-in cost percentage that is directly comparable.

Affiliate revenue (currently Wise via Partnerize) helps fund the site. Ranking decisions are driven by the methodology below, not by which partner pays best. Products I earn nothing on are recommended when the numbers put them there.

The full data sources, calculation formulas, update cadence and correction process are documented on the Methodology page.

How I calculate fees

  1. Pull the Bank of Canada mid-market rate for the date via the Valet API.
  2. Compare it to the rate quoted by each provider for the same amount and same date.
  3. Compute the spread as a percentage: (BoC − quoted) / BoC × 100.
  4. Add any fixed fees expressed as a percentage of the transfer amount.
  5. Report the result as an "all-in cost %" — directly comparable between providers.

Canonical fee benchmarks I use across the site (updated periodically):

Articles published on USD2CAD.ca