One of the cheapest ways to send money from Canada to the Philippines is by using online remittance services like Wise or Remitly, which often offer lower fees compared to traditional banks. These services typically provide competitive exchange rates, allowing you to send more money for less. It's a good idea to compare fees and rates among different providers, as they can vary based on the amount and transfer method. Always check the latest rates and terms on the provider's website to ensure you're getting the best deal for your situation.