Where to start Banking in Canada as a Newcomer?

Credit to Author: TD| Date: Mon, 05 Feb 2024 09:00:36 +0000

As a newcomer to Canada, some of the most important things to manage your personal finances, is to plan for doing banking and getting easy access to your money when you need it. Upon arrival in Canada, one of the most important tasks is to open a bank account. But the options available can make […]

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The First Home Savings Account (FHSA): What Newcomers Need to Know

Credit to Author: TD| Date: Mon, 22 Jan 2024 13:00:38 +0000

Buying your first home in Canada is an exciting milestone in life. For some, however, it may be challenging to save up for a down payment. You will be pleased to know that help is at hand through a new registered savings plan called First Home Savings Account (FHSA) introduced by the federal government. With […]

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Choosing the Right Credit Card as a Newcomer in Canada

Credit to Author: TD| Date: Tue, 12 Dec 2023 18:19:11 +0000

If you’re new to Canada, one of the first financial choices you may make is selecting a credit card. Credit cards offer a convenient way to manage your spending and build your credit history. However, with so many options available, it’s essential to understand the basics and choose the right card for your needs. In […]

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Five things to do in your first week as an international student in Canada

Credit to Author: Vimal Sivakumar| Date: Sun, 10 Dec 2023 12:00:16 +0000

Coming to Canada as an international student is a big step for many people and this article will outline a few of the key steps that a newcomer pursuing their education must take in their first week in this country. Many international students come to this country with the intention of staying in Canada long-term. […]

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Five things to do in your first week as a permanent resident or foreign worker in Canada

Credit to Author: Vimal Sivakumar| Date: Thu, 07 Dec 2023 14:00:45 +0000

For all new permanent residents or foreign workers arriving in Canada, the following represents five steps that these newcomers must take in their first week after arriving in this country. While it is important to look toward the future as a recent newcomer to Canada, it is equally as important to ensure you take the […]

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Planning for Retirement and Managing Your RRSPs: A Guide for New Canadians

Credit to Author: TD| Date: Mon, 27 Nov 2023 11:28:02 +0000

As a new Canadian, you’re embarking on an exciting journey. An important aspect of settling in a new country, like Canada, is planning for your retirement. For some it might seem a long way off, but it is important to set a strong foundation early. With the right knowledge and an informed strategy, you may […]

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Investing 101 for Newcomers to Canada: Understanding Investment Products (Part 2)

Credit to Author: TD| Date: Mon, 20 Nov 2023 12:25:35 +0000

Welcome back! In Part 1 of Investing 101, we learned about the many benefits of investing and how investing is different from saving. Now, in Part 2, we will introduce you to different types of investment products in Canada. These products  may play a significant role in investing to achieve your financial goals and secure […]

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Understanding Credit as a Newcomer to Canada

Credit to Author: TD| Date: Thu, 09 Nov 2023 15:24:56 +0000

As you embark on your life as a newcomer in Canada, establishing a credit history is an important step towards realizing your financial goals and ambitions. A favourable credit score can help you to secure loans, access competitive mortgage rates, and even improve your prospects as a rental tenant. The question is, what is credit […]

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What Newcomers Need to Know About Renting and Buying a Home in Canada

Credit to Author: TD| Date: Tue, 07 Nov 2023 11:53:06 +0000

Finding a suitable place to call home is one of the top priorities for newcomers to Canada. With a wide range of housing options, it can be difficult to decide between buying and renting, and whether a short-term or long-term solution is the best fit for your needs. In this article, we’ll provide some insights […]

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Building a Strong Financial Future: Navigating Cash and Investments as a Newcomer to Canada

Credit to Author: TD| Date: Mon, 16 Oct 2023 11:45:24 +0000

As a newcomer to Canada, you have the opportunity to build a strong financial foundation and make informed decisions about your money. In this article, we’ll discuss important factors like whether to keep funds in cash or invest and how to handle a potential recession. This can help you manage your finances better. Join us […]

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