http://ca.news.yahoo.com/s/05112010/79/central-big-winner-caesars-loses-border.html
<<For Canadian gamblers or others crossing the border with a lot of cash, the rules at the border are similar. There is no restriction on the amount of money you can bring to or take out of Canada, but you must report amounts of $10,000 or more. That includes cash, coins, bank notes and securities such as travellers cheques, stocks and bonds.
Not declaring the amount that is $10,000 or more means the money could be seized and you could face penalties ranging from $250 to $5,000 or forfeiture. >>
<<For Canadian gamblers or others crossing the border with a lot of cash, the rules at the border are similar. There is no restriction on the amount of money you can bring to or take out of Canada, but you must report amounts of $10,000 or more. That includes cash, coins, bank notes and securities such as travellers cheques, stocks and bonds.
Not declaring the amount that is $10,000 or more means the money could be seized and you could face penalties ranging from $250 to $5,000 or forfeiture. >>