Just Arrived in Canada? Things you need to know.
Here are some free resources to help you with starting your new life in Canada.
Manage Your Finances
Holiday Season Online Shopping Scams Newcomers Can Avoid
It is always a good idea to be careful when shopping online. Scammers can be waiting to trick you out of your money in even the most unexpected of places. This is especially true for the holiday season. November and December see some of the biggest sales volumes every...
Cost-Saving Ideas: 22 Practical Tips for Newcomers
Cost-saving ideas can be especially helpful for newcomers because saving money in Canada can be quite a challenge. The financial choices you make within your first year can impact how you live in Canada for the next few years. This is why it’s important to make good...
Saving Money for Your Emergency Fund
by Zain Usmani | Oct 15, 2024For newcomers, it’s not uncommon to face an uncertain financial situation in your first few years. An emergency fund can help you meet unexpected costs, manage expenses while searching for employment, or stay afloat if you face a job loss....
Buying a Car in Canada? Tips for Newcomers
If you're a newcomer thinking about buying a new car in Canada, the auto market offers a wide range of vehicles to meet different financial situations, lifestyles, and driving habits. If you're in Canada from a country with a smaller auto market and fewer choices,...
How to Qualify for a Mortgage in Canada
One of the first things new immigrants want to establish when they move to Canada is somewhere they can call home. Your ability to buy a home and qualify for a mortgage is tied together if you do not have the funds to purchase a property outright. You will need...
How to Apply for a Credit Card in Canada
by Prepare For Canada | Oct 15, 2024Financial stability is very important for anyone who has recently arrived in Canada. Even if you have a strong financial standing in your home country, you will need to establish yourself in Canada as well. Applying for a credit...
Pay Deductions in Canada|Your Net Pay & Gross Pay
Pay deductions can often be confusing and can come as an unpleasant surprise if you weren't expecting them. Canadian workers have quite a few pay deductions that you should be aware of. Some of these are mandatory, like taxes, while others are voluntary, like union...
Types of Bank Accounts to Save for Your Future
by Zain Usmani | Oct 15, 2024 Types of bank accounts to save and grow your money in Canada! Newcomers should know about the different types of bank accounts to use all the financial resources available to them. Knowing what each bank account is for will help you to...
How Much Mortgage Can I Afford?
The question “how much mortgage can I afford?” is quite different from “how much mortgage can I get?” So, it’s important to understand the risks involved when a lender offers you a mortgage that is more than you need or expected. When buying a home for the first time,...