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How do I file my first tax return in Canada?

How do I file my first tax return in Canada?

If you became a permanent resident in 2019, you will have to file a tax return with the Canada Revenue Agency (CRA). Even if you lived in Canada for only part of the year, you will have to file a return if you: want to get benefit and credit payments (for example,...
How much money will I need to move to Canada?

How much money will I need to move to Canada?

The minimum amount of settlement funds you need   Before you move to Canada, you need to show that you have a minimum amount of settlement funds. You’ll require the following funds plus an additional amount for each dependent who is immigrating with you:...

How long will it take to clear my bank draft?

Cheques drawn on a financial institution’s branch located outside of Canada or the United States, maximum hold period of 30 business days (29 business days after the day of deposit). For these purposes, the term “business day” refers to regular weekdays only and...

How do I show proof of funds?

Unless you are currently authorized to work in Canada and have a valid job offer from an employer in Canada, or you have been invited to apply under the Canadian Experience Class, you must show that you have enough money to support yourself and your family after you...

Will my current credit rating apply in Canada?

If you’re still in your home country and planning to immigrate to Canada, it’s worth looking at developing a relationship with a global bank. Scotiabank, for example, has banking packages aimed at those looking to move to Canada. Once you arrive in Canada, try to get...