Cashing it is less difficult than buying bitcoins, but still not perfect.
If you are cashing out a large amount (thousands of dollars worth), then the wire fees from an exchange are not prohibitive and that ends up being the best deal
For amounts under $1K, CA VirtEx ends up a pretty fair deal. Canadian Bitcoins also offers cash-out methods:
- http://en.bitcoin.it/wiki/Selling_bitcoins
FastCash4Bitcoins doesn't yet support any Canadian banks but I believe they've mentioned Canada is first for expansion if/when they do.
But if you haven't done so yet, putting yourself up as a seller on LocalBitcoins might get you cash in hand at a better price than any other method.
- http://www.LocalBitcoins.com