Coming to Canada to study? How to get your study permit

Credit to Author: TD| Date: Wed, 19 Apr 2023 09:38:14 +0000

Studying abroad can be an exciting adventure. To help you get started there are a few things that you should be aware of if you plan to come to Canada as an international student.    Study permit[1]: What you need to know A study permit is a document from the Government of Canada that allows […]

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How newcomers can save money in Canada

Credit to Author: TD| Date: Wed, 05 Apr 2023 12:00:58 +0000

Canada is known for its quality of life. As a newcomer to the country, you may be especially eager to start strong. You want to feel financially secure and on the right track as you embrace your new life in Canada. The good news is that there are several excellent ways to save money. Here […]

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New to Canada? Protect Yourself from Financial Fraud

Credit to Author: TD| Date: Wed, 22 Mar 2023 11:15:28 +0000

Fraudsters may target newcomers who are not familiar with the Canadian financial system and its regulations. Financial fraud can have long-lasting effects on your credit history[1] and financial security. To stay safe and confident, it is a good idea to educate yourself on what financial fraud is, the common types of fraud that target newcomers, […]

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Canadian Tax Return Basics for Newcomers to Canada

Credit to Author: TD| Date: Tue, 07 Mar 2023 14:00:40 +0000

As a newcomer to Canada, one important thing you may need to learn about is the Canadian tax system; including the process of filing a tax return. A tax return is a document that you file with the Canada Revenue Agency (CRA) that reports your income, deductions, and credits for a given tax year. Filing […]

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Want to protect your money as an immigrant or refugee to Canada? Avoid these fringe banking mistakes

Credit to Author: Windmill Microlending| Date: Wed, 22 Feb 2023 12:30:31 +0000

Regulated by the federal government, Canada’s banking system is considered among the world’s safest and most stable. However, immigrants and refugees can sometimes find themselves being taken advantage of by fringe financial services in Canada like payday loan companies, cheque-cashing outlets, rapid-refund tax outlets or pawn shops. As a result, they can lose their hard-earned income […]

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Why do you need a good credit score as a newcomer to Canada?

Credit to Author: TD| Date: Mon, 06 Feb 2023 13:00:37 +0000

As a newcomer to Canada you will quickly find out the importance of building a good credit score. Financial Institutions and other businesses will generally look at your credit score to determine whether to do business with you or how much money “to lend you”.  Here are some quick examples: To rent a property and […]

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Banking in Canada: Where do you start?

Credit to Author: TD| Date: Wed, 18 Jan 2023 13:00:48 +0000

You’ve just come to Canada – and so much is new and different here. That includes doing banking and getting easy access to your money when you need it. On arrival in Canada, opening a bank account is one of the most important things you’ll need to do. But the choices can be complicated. Which […]

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How to navigate the Canadian healthcare system

Credit to Author: Scotiabank| Date: Fri, 11 Nov 2022 14:49:12 +0000

There’s a lot to think about when you’re moving to Canada. You have to find a job, a place to live, and figure out where your kids will go to school. You’ll also need a basic understanding of the Canadian healthcare system so that you and your family are properly covered when you arrive. We […]

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The top 5 banking challenges for newcomers — and what to do about them

Credit to Author: Scotiabank| Date: Tue, 18 Oct 2022 14:56:01 +0000

Moving to a new country is a big undertaking. It’s not surprising that it comes with unique financial challenges. At Scotiabank, it’s important for us to help newcomers get settled — financially and otherwise. So, we conducted a study to better understand the types of financial challenges newcomers face when they move to Canada. What […]

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A guide to Canadian provinces for newcomers

Credit to Author: Scotiabank| Date: Tue, 27 Sep 2022 12:30:56 +0000

If you’re considering moving to Canada to work or study, the number of regions in the country might be overwhelming. How do you even begin choosing between the 10 provinces and three territories? Is there much of a difference from one to another? And what should you know about the weather, economies and cities in […]

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