Filing taxes for the first time as a Canadian resident? Here’s what you need to know

Credit to Author: Canadian Immigrant| Date: Thu, 21 Feb 2019 12:00:55 +0000

Canada welcomed as many as 310,000 new immigrants to Canada in 2018. Their new plan is to gradually increase that number to 350,000 by 2021. What does this all mean? It means there will be many newcomers filing Canadian taxes for the very first time. If this is your first year in Canada, welcome! Filing […]

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How to build your personal brand as a newcomer in Canada

Credit to Author: Margaret Jetelina| Date: Thu, 31 Jan 2019 20:37:50 +0000

Trying to establish your professional or business reputation in Canada? Himanshu Narang shows us how with two steps One of the most powerful insights I developed after years of failing and optimizing in Canada is, “Your brand is to you as location is to real estate.” Working on your personal brand as a professional or […]

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How to maintain a good credit score

Credit to Author: Margaret Jetelina| Date: Tue, 22 Jan 2019 14:20:37 +0000

What newcomers need to know about credit ratings We often hear how important it is to have a good credit score. Every time we apply for credit products, such as credit cards, loans, line of credits or mortgages, a credit check will be required. It is also common for apartment rentals, utilities and mobile phone […]

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How to be self-employed as a consultant in five steps

Credit to Author: Margaret Jetelina| Date: Wed, 16 Jan 2019 07:00:27 +0000

Looking for a way to become self-employed in Canada? Become a consultant! Consulting is one of the best business models on the planet. I don’t think there is any other business that can beat consulting, considering the benefits it offers. It gives you an opportunity to add value to other people’s lives and businesses. It […]

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PayPal launches international money transfer service, Xoom

Credit to Author: Canadian Immigrant| Date: Wed, 12 Dec 2018 18:36:50 +0000

Xoom is a fast and secure international money transfer service that makes sending money back home easier for Canadian immigrants Canadian immigrant families remit nearly $24 billion annually to support family and friends back home, according to the World Bank’s latest Migration and Development Brief. To meet this demand, PayPal has launched a new international money transfer […]

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3 steps for newcomers’ financial success

 Taking steps towards a bright financial future in Canada If you are new to Canada, you know there is a long list of to-dos to set yourself up for success. For many new Canadians, they start thinking about what they need to do long before they arrive — including establishing their finances. In fact, we […]

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Windmill Microlending receives $1M grant

Charity offers microloans for immigrants and refugees to retrain and relicense in Canada Windmill Microlending, formerly known as Immigrant Access Fund, has been awarded a $1 million grant from the TD Ready Challenge. Designed to support organizations offering scalable solutions to promote inclusivity and prosperity, Windmill is the only dedicated immigrant-serving organization to receive one of the […]

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Small Business Month: startup tips for newcomers

October is known as Small Business Month throughout the country — a time to recognize the significance that the small and medium-sized business sector has in the Canadian economy. The majority of  Canadian firms are, in fact, small businesses; 1,143,630 out of 1,167,978 are small businesses across the country and 70 per cent (or 8.2 million) […]

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Business plan basics for immigrant entrepreneurs

The challenges immigrants to Canada face when trying to set up a small business are many and varied. There are, of course, cultural differences, lack of support networks, inability to get bank loans and the challenge of choosing a business that’s both a good fit in Canada, but also plays off your international experience or […]

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