How much on average does one 4x8 panel of drywall cost? (Canada)?

Question

I want to finally put a ceiling in my basement

Answer 1

normally between $6 and $10 [US dollar, you can figure exchange]. you might find prices lower up there, canada make a lot a board.

actual price depends on availablity, thickness and rating. check your local building codes to see if you should have fire rated board in basement.

Answer 2

3/8" drywall is for contractors who double the drywall so you want 1/2" drywall or thicker. It's about $7.50 at Home Depot in USA for 1/2".