New survey reveals the happiest provinces in Canada

Credit to Author: Janice Rodrigues| Date: Sat, 16 Nov 2024 13:00:32 +0000

A recent survey by the Angus Reid Institute has revealed that Quebec is the happiest province in Canada. The non-profit conducted an online survey from July 31 to August 2, 2024, among a randomized sample of 1,609 Canadians over 18. Angus Reid wants your opinion  The survey specifically looked at Ontario, British Columbia, Quebec, Manitoba, […]

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Understanding Different Bank Accounts in Canada: A Guide for New Canadians

Credit to Author: TD| Date: Tue, 12 Nov 2024 16:24:44 +0000

Opening a bank account in Canada[1] may be an important step for newcomers like you. A Canadian bank account provides you with a secure place to deposit your money. It allows you to deposit your income, pay bills, and manage your finances as you build your life here. But which type of account should you […]

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What items do you need to declare when entering Canada?

Credit to Author: Lakeem Rose| Date: Fri, 01 Nov 2024 12:00:36 +0000

When seeking entry to Canada, you should be aware of what items you need to declare, which items are illegal to bring into the country, and which items you’ll have to pay taxes and/or duty on. Failing to declare these items can have consequences and result in you being unable to enter Canada. Subscribe and […]

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The five most important things to know about renting in Canada

Credit to Author: Lakeem Rose| Date: Thu, 24 Oct 2024 12:00:15 +0000

Newcomers may be unfamiliar with important information about renting in Canada. For example, tenants can enjoy many protections under some provincial rental regulations, but may fail to take advantage these protections if they haven’t learned about them. Moving to Canada? Sign up for our special newsletter! To give you the tools to navigate this foreign […]

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Can you afford to live in Canada?

Credit to Author: Lakeem Rose| Date: Wed, 23 Oct 2024 12:00:04 +0000

The settlement funds that IRCC recommends will help you survive, but how much do you need to thrive in Canada? Settlement funds exist to ensure that recent immigrants can cover basic living expenses while finding work and a place to live. The cost of living on the other hand is often much higher, with conservative […]

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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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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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Car-Buying 101 for Newcomers to Canada

Credit to Author: Clutch| Date: Tue, 23 Aug 2022 11:05:41 +0000

For many people, buying a car is an important part of moving to a new country. But with so many new laws and customs to learn, it can make the car-buying experience a bit confusing.  In this article, we break down how to buy a car in Canada so that you can get started right […]

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What Canada’s rising inflation means for newcomers

Credit to Author: Scotiabank| Date: Tue, 05 Apr 2022 13:30:44 +0000

Many shoppers are finding that things are more expensive when they go to the grocery store. What’s behind those price increases? “Prices are rising much more quickly than in recent years,” says Marc Desormeaux, senior economist at Scotiabank. “In January 2022, the total Consumer Price Index (CPI) was more than 5% higher than one year […]

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