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
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...
Building Credit History in Canada
It is a lesson that many newcomers learn when they arrive in Canada: you need credit to pay for large expenses, buy a car, or purchase a home. However, you can't borrow without a Canadian credit history. Canadian lenders typically check each applicant’s credit files...
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...
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....
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...
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...
How to Apply for a Credit Card in Canada
There are many types of credit cards with unique benefits Financial stability is very important for anyone who has recently arrived in Canada. Even if you have a strong financial standing in your home country, you will need to establish yourself in Canada as well....