Just Arrived in Canada? Things you need to know.
Here are some free resources to help you with starting your new life in Canada.
Manage Your Finances
Inflation Rate Drives Up Cost of Living in Canada in 2022
Rising food costs contribute to higher cost of living in Canada in 2022 The inflation rate in Canada is driving up the cost of living in Canada. Inflation is the process in which money loses some of its value. This results in paying higher costs for the same item....
Holiday Season Online Shopping Scams Newcomers Can Avoid
It is always a good idea to be careful when shopping online. Scammers can be waiting to trick you out of your money in even the most unexpected of places. This is especially true for the holiday season. November and December see some of the biggest sales volumes every...
Building Credit History in Canada
Your healthy Canadian credit score is essential to purchase both small and large ticket items. Learn more about why your credit score is important and how to build and grow your credit worthy score.
Black Friday Sales | Tips to Stay on Budget
What is Black Friday? Black Friday marks the official date for retailers to launch some of their best sales of the holiday season. You can expect to find great deals with discounts that range from 20 - 60% off the original price. This shopping event is called Black...
Cost-Saving Ideas: 22 Practical Tips for Newcomers
Cost-saving ideas can be especially helpful for newcomers because saving money in Canada can be quite a challenge. The financial choices you make within your first year can impact how you live in Canada for the next few years. This is why it’s important to make good...
5 Mistakes Newcomers Make With Credit Cards
Avoid these common credit card mistakes A credit card can be helpful when you arrive in Canada. You'll need to apply to get a card with a credit limit. The limit won't be high because your credit profile will still be thin. Until the banks get to know you a little...
How to Manage Your Personal Finances When You’re New to Canada
When you arrive in Canada, its essential to manage your personal finances. Learn what to budget for and how much you should plan to spend. Your budget will help you to manage how much you spend and live within your means.
Saving Money for Your Emergency Fund
For newcomers, it’s not uncommon to face an uncertain financial situation in your first few years. An emergency fund can help you meet unexpected costs, manage expenses while searching for employment, or stay afloat if you face a job loss. Unexpected expenses can...
Seeing Debt Differently – A Windmill Coach Helps Newcomers Understand the Basics of Borrowing
“There’s no such thing as good or bad debt,” says Joyce Wan, Windmill Microlending Client Success Coach. Wan says, when it comes to borrowing money, it all depends. “A ‘good’ debt for one person can turn out to be a ‘bad’ debt for another,” she adds. Through her...