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
Types of Bank Accounts to Save for Your Future
Types of bank accounts to save and grow your money in Canada! Newcomers should know about the different types of bank accounts to use all the financial resources available to them. Knowing what each bank account is for will help you to put your money in the right...
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...
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...
Open a Bank Account Before Arriving in Canada
You can open a bank account before you arrive in Canada. And a bank account is important because when you land in Canada, immigration officials will require proof of funds. So with a bank account, you can easily prove that you have available funds. Canadian banks are...
Transferring finances and handling valuables when coming to Canada
One of the first things you should consider when packing up to come to Canada is how to transfer finances such as your cash and your other investments. 6 options to consider to transfer valuables 1. Open a bank account before you land in Canada. There are many...
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.
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.
Learn the Basics of Banking in Canada
While it can be fun to think about our dreams for the future, especially when moving to a new country, it’s also wise to keep in mind the practical, day-to-day considerations about money. This is particularly important for newcomers to Canada who face questions such...
Personal Banking in Canada
Scotiabank is Canada’s most international bank, with operations in more than 55 countries (including India). We have been servicing customers for 180 years. Our 75,000 employees worldwide speak a wide range of languages. In Canada, Scotiabank has over 1,000 branches...