Landing in Canada soon? Things you need to know.
Before you arrive into Canada here’s a few things you need to know and do.
Banking & Finance
No-Spend Challenge | A Journey to Financial Freedom
Moving to a new country like Canada can be one of the most exciting experiences of your life. However, it can be challenging as well. Managing your finances as a newcomer is one of the most important aspects of starting your new life in Canada. One effective way to...
Fraud Prevention Month in Canada | Online Scams to Avoid
March 2024 marks the 20th anniversary of Fraud Prevention Month in Canada. This month-long initiative aims to educate Canadians about various frauds and scams. It also aims to educate Canadians about fraud prevention measures we can take to protect ourselves. As...
Inflation in Canada falls but housing costs remain high
Inflation in Canada fell to 2.9 percent in January, but will this prompt the Bank of Canada to cut interest rates sooner than expected? Among leading economists, opinion remains divided. “Clearly today’s result makes rate cuts much more plausible in coming...
How Much Money Will I Need to Move to Canada?
How much money will I need to move to Canada? The answer to this important question really depends on the size of your family. Applying to become a permanent resident (PR) in Canada can be a long process that includes showing proof of funds to the Canadian visa office...
Move to Canada | Transferring Cash & Valuables
When you move to Canada, there are many things to consider, and the process can be quite long. One of the biggest things you need to consider is how to transfer your money and belongings to Canada quickly and cost-effectively. Fortunately, you have many options when...
Insurance in Canada: What Newcomers Need to Know
Protecting yourself and your family against unexpected danger and risk is what insurance in Canada is all about for newcomers to Canada and international students. Even if you had insurance before you arrived in Canada, knowing about the different kinds of insurance...
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 your finances are stable, you will...
Top 10 Financial Steps Before You Leave for Canada
When moving to Canada, there are steps that you can take in advance to ensure you have a smooth move, manage your costs, and comply with government guidelines. See what’s required so that you’re ready to go with minimal stress.
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...