Refugees more likely to file taxes than skilled workers after their first year in Canada

Credit to Author: Edana Robitaille| Date: Tue, 28 Nov 2023 14:00:02 +0000

A new study from Statistics Canada has found that skilled workers are less likely to file tax returns the first year after landing than those who land in Canada as refugees. The study was an overview of tax-filing trends of newly landed immigrants of working age (25-64), who landed from 1993 to 2019. It found […]

The post Refugees more likely to file taxes than skilled workers after their first year in Canada first appeared on CIC News.

Read more

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 […]

The post Planning for Retirement and Managing Your RRSPs: A Guide for New Canadians first appeared on CIC News.

Read more

How IRCC plans to support communities

Credit to Author: Julia Hornstein| Date: Wed, 22 Nov 2023 13:00:04 +0000

On October 31st, Immigration Minister Marc Miller announced plans to improve Canada’s immigration system. Immigration, Refugees and Citizenship Canada (IRCC) has consulted with stakeholders and the public throughout the year to help guide reforms and build a stronger immigration system. Discover if You Are Eligible for Canadian Immigration IRCC has been incorporating this feedback to […]

The post How IRCC plans to support communities first appeared on CIC News.

Read more

New humanitarian pathway for Colombian, Haitian and Venezuelan foreign nationals launches today

Credit to Author: Julia Hornstein| Date: Fri, 17 Nov 2023 20:03:39 +0000

Canada has announced today that they will be providing an alternative to irregular migration by welcoming 15,000 people through a family-based humanitarian pathway in addition to existing programs. Discover if You Are Eligible for Canadian Immigration The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship, announced that the dedicated humanitarian pathway will provide permanent […]

The post New humanitarian pathway for Colombian, Haitian and Venezuelan foreign nationals launches today first appeared on CIC News.

Read more

IRCC’s CFP 2024 for settlement services to contain 4 major themes

Credit to Author: Julia Hornstein| Date: Thu, 16 Nov 2023 13:00:11 +0000

As part of Immigration, Refugees and Citizenship Canada’s (IRCC) commitment to deliver high quality services to newcomers and refugee’s, IRCC plans to launch a Call for Proposals (CFP) in 2024 for the Settlement and Resettlement Assistance programs to provide services for another five years. Discover if You Are Eligible for Canadian Immigration National consultations conducted […]

The post IRCC’s CFP 2024 for settlement services to contain 4 major themes first appeared on CIC News.

Read more

Canada’s green tech industry hiring boom could provide significant employment opportunities for immigrants

Credit to Author: Vimal Sivakumar| Date: Mon, 13 Nov 2023 13:45:23 +0000

A five-billion-dollar electric vehicle (EV) battery plant being developed in Windsor, Ontario was recently in the news due to reports that say that the plant will employ 2,500 people “by the time hiring is complete in 2025.” Coinciding with Canada’s noted commitment to achieving net-zero emissions by 2050, the development of this EV battery plant […]

The post Canada’s green tech industry hiring boom could provide significant employment opportunities for immigrants first appeared on CIC News.

Read more

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 […]

The post What Newcomers Need to Know About Renting and Buying a Home in Canada first appeared on CIC News.

Read more

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 […]

The post Building a Strong Financial Future: Navigating Cash and Investments as a Newcomer to Canada first appeared on CIC News.

Read more

Introduction to Money Management for Newcomers in Canada

Credit to Author: TD| Date: Tue, 10 Oct 2023 11:30:21 +0000

For any newcomer to Canada, the journey ahead is both exciting and filled with financial considerations. As you embark on your new life, establishing a good financial foundation is a crucial step. After all, it’s key to achieving your dreams and aspirations in a new country. Here is an opportunity to gain the knowledge you […]

The post Introduction to Money Management for Newcomers in Canada first appeared on CIC News.

Read more

Canada’s government proposing new affordability measures

Credit to Author: Edana Robitaille| Date: Fri, 29 Sep 2023 12:00:13 +0000

Canada’s Finance Minister, Chrystia Freeland, has tabled a new bill with the House of Commons to improve affordability in Canada. Bill C-56, the Affordable Housing and Groceries Act, has two main components. The first is to change the Excise Tax Act to add an enhancement to the GST New Residential Rental Property Rebate. The second […]

The post Canada’s government proposing new affordability measures first appeared on CIC News.

Read more