Sony finally revealed the price and release date for their next-gen console during the PS5 showcase today (Sep 16, 2020). The PS5 launches in November 12, 2020 at 499 CAD for PS5 Digital Edition and 629 CAD for PS5 with Ultra HD Blu-Ray Disc Drive.
The PS5 will be available in seven countries on November 12: U.S., Japan, Canada, Mexico, Australia, New Zealand and South Korea. The global launch date will continue on November 19 including Europe, Middle East, South America, Asia and South Africa.
PS5 Digital Edition: $399.99 USD/$499 CAD/¥39,980/€399.99/£359.99 (MSRP)
PS5: $499.99 USD/$629 CAD/¥49,980/€499.99/£449.99 (MSRP)
The Pre-orders will be available starting tomorrow (Sep 17, 2020) at selected retailers. As of now I am not sure which local retailers in CANADA are taking pre-orders tomorrow.