Here are the top three financial tips you need to know if you’re new to Canada

Credit to Author: Staff Writer| Date: Wed, 01 Jun 2022 20:46:41 +0000

Becoming a resident in a new country can be overwhelming. From finding your new accommodations, to figuring out transportation, adapting to a new job or career, and adjusting to a new culture and language, it can be a lot to take in. Now pair that with understanding how to manage your finances in a new […]

The post Here are the top three financial tips you need to know if you’re new to Canada first appeared on Canadian Immigrant.

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Helpful information for filing taxes as the deadline approaches

Credit to Author: Canadian Immigrant| Date: Tue, 05 Apr 2022 13:24:41 +0000

Every year, the Canada Revenue Agency (CRA) requires taxes to be filed by all residents by April 30. Not paying taxes is actually against the law and can result in penalties.

The post Helpful information for filing taxes as the deadline approaches first appeared on Canadian Immigrant.

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RRSP deadline fast approaching: What you should know

Credit to Author: Canadian Immigrant| Date: Wed, 23 Feb 2022 21:31:44 +0000

Saving for retirement may be a new concept to you, as it is for many immigrants, but it’s an important one to learn about now that you’re living in Canada.  RRSP or Registered Retirement Savings Plan is a unique financial tool lets you put money away for your retirement while taking advantage of immediate tax benefits. 

The post RRSP deadline fast approaching: What you should know first appeared on Canadian Immigrant.

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How to financially prepare for your winter semester in Canada

Credit to Author: Amit Brahme| Date: Thu, 27 Jan 2022 01:40:24 +0000

Over the last few years, there has been a dramatic increase in international students enrolling from South Asian countries such as India – countries known for their mild climates. In addition to coming face-to-face with a brisk Canadian winter, they may be in for a surprise at the unanticipated expenses that go along with it.

The post How to financially prepare for your winter semester in Canada first appeared on Canadian Immigrant.

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A primer on changes to 2019 tax returns

Credit to Author: Canadian Immigrant| Date: Wed, 19 Feb 2020 20:36:24 +0000

A new tax season is upon us. Let’s warm up this winter with a primer on the changes to the tax return. The T1 tax return has a new look The Canada Revenue Agency (CRA) has reworked the tax return. More specifically, the line numbers that were 3 or 4 digits are now 5 digits, […]

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Think carefully before you apply for a payday loan

Credit to Author: Canadian Immigrant| Date: Mon, 03 Feb 2020 20:44:55 +0000

How informed are you about payday lending? Payday loans are short-term loans with high-interest rates that are often available to people without or with poor credit history. When immigrants move to Canada, they arrive without a Canadian credit history. Unfortunately, even if they had a good credit rating in their home country, information is not […]

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New to Canada? Three tips to help manage your finances

Credit to Author: Amit Sadhu| Date: Wed, 29 Jan 2020 20:48:13 +0000

At the beginning of the year, we often participate in a time-honoured custom of creating New Year’s resolutions. This typically involves individuals setting self-improvement goals to fulfill throughout the year. And finances, particularly money management and saving, commonly make an appearance on resolutions lists. To start 2020 off on the right foot, below are some financial […]

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Tips for newcomers starting a business in Canada

Credit to Author: Ivy Chiu| Date: Tue, 22 Oct 2019 19:11:00 +0000

According to the 2019 RBC Small Business poll, the number of Canadians who are considering business ownership is on the rise compared to last year (57 per cent in 2019 vs. 54 per cent in 2018). The poll also looked at what the profile of small business entrepreneurs looks like in Canada. Below are the […]

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Entrepreneur and Small Business Fair in Surrey, BC

Credit to Author: Canadian Immigrant| Date: Wed, 16 Oct 2019 14:57:44 +0000

The fourth annual DIVERSEcity Entrepreneur & Small Business Fair is being held during Small Business Week, on Wednesday evening, October 23 at Surrey City Hall, BC. This is a great starting point for not only newcomers, but any  emerging or new entrepreneur looking for information and inspiration to succeed. Many newcomers turn to self-employment and […]

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