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Being new to Canada, one of the first things you will want to do when you arrive in the country is begin your job search. It can take some time before you get a call for an interview. But you can use this time to learn how to prepare for a job interview in Canada. Plus, this time will allow you to become familiar with how job interviews work in Canada and how they differ from your home country.
Getting a job interview is exciting. It’s an opportunity for you to really get your life rolling in Canada. But before you think too far ahead, you need to prepare for a successful interview that leads to a job offer.
A job interview does not guarantee you will get the job. But it’s an important opportunity to show how your skills and experience make you a great candidate for the role. The interview process for Canadian companies is not always the same. However, you can expect many of the following practices. And some interviews may even combine some of these practices:
When you know what to expect and understand the process this will help you to prepare for your interview and focus your time and effort.
The key to your interview success is having a clear understanding of what the job requires. This will help you to focus on how to prepare. For example, it’s vital to:
You can find helpful information about occupations, wages, job requirements, and more when you visit the Canada Job Bank.
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Interviewers will ask you different questions about your skills and experience. But what they really want to know is why you are the best fit and what you can offer. To prepare for an interview ask yourself:
You will get out of the experience what you put into it. So, if you invest time and effort to prepare for an interview, you will have a much greater chance of it leading to a job offer.
Many settlement agencies offer job search services on how to prepare for a job interview.
Here are some important details to handle the day before the interview:
Taking care of these things will help you have a clear mind on the day of the interview. And this will help to put your best effort forward. Preparing for a job interview will give you the confidence you need to succeed. So put in the time and effort and give yourself the best chance to get the job you desire in Canada!
Looking for more information about working in Canada? Visit our Finding a Job in Canada resource page for free tools, resources, and webinars! We’ll help you to achieve your career goals!
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 to meet certain financial criteria as set out by Canadian banks and financial institutions. This may seem intimidating and even challenging, largely because of misconceptions.
There is a belief that newcomers cannot get a mortgage from a Canadian bank, they won’t qualify if they don’t have a strong credit history or they won’t qualify until they have a couple of years of employment history in Canada. These are not true.
There are many immigrants who qualify for mortgages every day. In fact, did you know that 18% of mortgage consumers are newcomers to Canada?
Financing is available to both permanent and non-permanent residents. However, qualifying for a mortgage will depend on your status. Here is an overview of mortgage requirements:
As a permanent resident, you will have access to a variety of mortgages and programs. You could qualify for a standard mortgage if you have a good credit rating. This means one of the applicants must have a credit score of 680 or higher. You will also require at least a 5% down payment.
If you do not have a good credit score, you can still qualify for a mortgage through a newcomer to Canada program. You will still require a minimum 5% down payment.
If you are paying less than 20% of the cost of the purchase price, you will have to get mortgage loan insurance.
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As a non-permanent resident, you have specific requirements to qualify for a mortgage. For example, you must:
With a good credit rating, you could qualify for a standard mortgage. If you do not have established credit in Canada, you may have to get a letter of reference from your financial institution from your country of origin. You will need to qualify under a new to Canada program.
You will not qualify for a mortgage if you are not a permanent resident, have poor credit, and do not have at least a 10% down payment.
When applying for a mortgage, a lender will review your income. This can be from many sources as long as the income is plausible, such as income from full or part-time employment, self-employment, rental properties, support or alimony payments, or pensions.
The lender will require a letter from your full or part-time employer to confirm income, especially if you have had the job for less than two years. You should have copies of your last two year’s tax returns and be up-to-date with any outstanding taxes.
The lender will also look at your debts, including your proposed house payment, as well as monthly payments for loans, credit cards, car leases or child support. It is important that you include all debts you have on your mortgage application as they can impact your ability to borrow.
Evidence of regular income is another critical factor lenders consider. They are more inclined to favor applicants who have worked at one job continuously for several years or have remained in the same field. However, you can still qualify for a mortgage if you’ve changed jobs recently as long as your new employer can prove your income with a Letter of Employment to confirm your:
They may also ask for recent pay stubs to confirm your rate of pay.
If you’re self-employed or have worked at a job for less than two years, lenders may ask for additional information, such as federal income tax statements, to verify your income.
To qualify for a mortgage, a good credit rating is essential. In addition to reviewing your debt and income, a lender will also pull your credit report. The report details your payment history and how you’ve handled your past obligations. You can get a copy of your credit report before you apply for a mortgage to veryify its accuracy or correct any errors before you apply for a mortgage. However, each credit “pull” will negatively impact your credit score for a short period of time, so avoid pulling your credit too often.
Qualifying for a mortgage ensures that you meet certain criteria set out by lenders. Here are the main steps you will need to take to qualify:
You will have to put money down on any mortgage. The more you save, the better position you will be in to qualify for a mortgage.
As soon as you arrive in Canada, its important to start building your credit history. A strong score will not only help you qualify for a mortgage, but it will also help you get a better rate. You can do this by paying your bills in full each month, use and pay off your credit cards, and maintain a consistent source of employment income.
Lenders want to see proof of a stable financial situation. To do this, you can get a letter of reference from your financial institution, an employment letter from your employers, and show copies of recent pay stubs.
There are plenty of mortgage options. You can choose from traditional banks, to credit unions, and private lenders. You can also enlist the services of a mortgage broker to help you qualify. Brokers work for you, and they will shop around and compare options for you. They can be a big help to find the right mortgage for your specific needs.
A pre-approved mortgage indicates how how much mortgage you can afford and guarantees a mortgage rate (usually for 90 – 120 days) while you look for a home.
A pre-approved mortgage can give you more credibility to sellers and real estate agents, And in bidding wars, common in hot housing markets, it can give you an advantage against competing home buyers. However, be sure to consider these tips:
Understand the difference between pre-qualification and pre-approval. For example, pre-qualification is less formal and confirms that you meet general lending guidelines. And sometimes you can obtain a pre-qualification over the phone or through an online assessment.
On the other hand, a pre-approval is a detailed process and takes more time to complete. You need to complete a mortgage application and provide documents to verify things such as your income, debt, employment, and credit history.
A lender will review your application before they pre-approve you.
Don’t let your guard down after you get pre-approved for a mortgage. Missing or skipping credit card payments, increasing debt, or changing jobs could void your pre-approval.
If rates remain low and you’re still searching for a home, you can reset your pre-approval every 45-75 days. Doing so will not only extend your rate hold but will safeguard you against any mortgage rate hikes before you close. Although, some lenders may restrict rate resets.
Shop around and choose pre-approval terms that offer you the most benefits. For example, opt for the longest rate hold (120 days), and other mortgage features such as the ability to make prepayments, fair penalties, and refinancing options.
Qualifying for a mortgage can be an intimidating process, but it does not have to be this way. There are countless ways for newcomers to get approved for a mortgage. It happens every day. You just need to know the steps and understand the financial criteria you need to meet to qualify. Start working toward qualifying from the day you move to Canada, and you will be a homeowner sooner than you think.
For more information about your financial first steps in Canada, visit our banking in Canada resource page. Get the essential information you need to manage your finances in Canada!
Career counselling can help you navigate what you require to build your career in Canada. In fact, it can help you to build your success faster when you access pre-arrival career services. For newcomers, finding a job that best suits your skills, background, and experience can reduce your job search stress.
Linda Ryan is the National Program Manager with BCCA-Integrating Newcomers, a government funded, Canada-wide, pre-arrival career coaching service for high skilled construction professionals immigrating to Canada (*BCCA-IN).
A career and certified performance coach, she and the BCCA-IN team specialize in helping newcomers plan for, and achieve, employment success, no matter what city or province they are moving to.
When it comes to looking for a career, Ryan provides tips about how pre-arrival career counselling can help you build success.
Prepare for Canada (PFC) spoke to Ryan, who arrived in Canada as a newcomer in 2010. As she explained, settlement services were not as available as they are today. Further, she stated that pre-arrival services didn’t exist, or she was unaware of them. As a result, she struggled to find a job.
If knowledge is power then local knowledge (industry, credentials, networking and employment) is the catalyst for successful Canadian careers. This is the single biggest truth for newcomers to Canada and in the past they/we had to learn it the hard way.
Linda Ryan
In response to the need to help newcomers, Immigration, Refugees and Citizenship Canada fund free pre-arrival career counselling, employment information, and resources. These services give newcomers knowledge and power to build effective job search strategies even before setting foot on Canadian soil.
Linda Ryan: I had a solid education, a great career in my home country, and a management track record to be proud of. And when I came to Canada, I had to jump many hurdles including:
Although Canada had confirmed that it “wanted me”, arriving in Canada as a skilled immigrant still felt like it wasn’t enough. I had to learn from many mistakes about how to:
Easily I could have saved myself 100 hours of self-doubt and self-defeating job-hunting activities. If I was pre-armed with career counselling services I could have asked specific questions to someone in the know. By investing 10 hours before I arrived in Canada, I could have achieved success faster. Because without this knowledge, it was a challenge to enter the job market.
Linda Ryan: It’s a unique, pre-arrival Canada-wide service that helps high-skilled newcomers explore and build construction careers in Canada. Whether you’re an engineer, architect, project manager, estimator, technician or tradesperson looking to continue your career in Canada. Or, if you are a business, IT, HR, marketing, procurement or finance professional exploring how to move into a high-demand industry, BCCA-IN can help.
The program has evolved and extends services to clients or partners of clients, whether or not construction is their primary industry focus. The wisdom is that if you support spouses/partners pre-arrival, you also increase the success rate for settlement, integration, and employment.
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Linda Ryan: Counselling services help newcomers to find career success faster. As well, these services provide a return on investment for the economy and the community that newcomers settle in.
Linda Ryan: We offer a range of services that include:
Our services focus on the best and most practical career, credentials, and connection activities. As a result, these services help newcomers to find employment faster.
Our team has multi-industry experience that can benefit newcomers. We’re also immigrants who have built successful careers in Canada. So we get it!
Linda Ryan: Ten years on, I’m so passionate about helping others build their careers. So not only do I provide career counselling, but I dedicate my time to ensure newcomers avoid the mistakes I made!
Linda Ryan: If I could depart three pearls of wisdom about how to achieve success in Canada, I’d say:
2. Access free employment and settlement services
3. Do it before you land in Canada.
There is a world of opportunity in Canada! But, you’ve got to know where to look and how to access it.
*The BCCA-Integrating Newcomers program is a free, pre-arrival, Canada-wide service, focused on helping high-skilled newcomers explore and build successful construction careers. Services include one-on-one career guidance, tailored resume, cover letter, LinkedIn advice, and an in-depth skills and education assessment to help newcomers focus on the best career, credentials and connections activities. The Integrating Newcomers team not only has multi-industry experience but are also immigrants who have built successful careers in Canada.
Moving to Canada from India is a big transition for most new immigrants. There are many cultural and societal differences between the two countries. So, it’s important for newcomers to spend some time learning about what you can expect once you arrive.
The more you know about Canada and what to expect, the easier your transition will be. We’ve curated the top things you can expect when moving to Canada from India.
The country is actively seeking immigrants to call Canada home. The Government of Canada plans to bring over 1.2 million newcomers to the country as permanent residents by 2024. The country also has dozens of visa and immigration programs to help you enter. Some of the most common are:
As a permanent resident, you will have access to health care benefits. But all types of medical care are not free. There are certain health costs you will have to pay for. For example, you will not have to pay to see a family doctor or visit the emergency room. But, you will have to pay for prescription medication or elective procedures. You can offset these costs by purchasing private health insurance. This may also be offered through your employee benefits program at work.
Continuing your career at the same level when you move to Canada from India can be a challenge. Regardless of your professional credentials, they may not be recognized by companies in Canada. So you should carefully research your profession in Canada before you arrive. Because it can take years to get accreditation in Canada, especially if you work in a regulated profession. However, with solid research, you can learn what you require to work in Canada before you arrive. And this can save you time, money, and energy!
You can even take steps to transition your career well in advance of your move. This will help you with your job search when you arrive in Canada. Learn more about the importance of education evaluation and credential recognition before you arrive in Canada.
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The city you choose to call your new home can have a significant impact on your cost of living. Cities such as Toronto, Vancouver, Calgary, and Ottawa offer many opportunities, but they also have some of the highest cost of living rates in the country. This includes higher rent and housing prices, insurance, and food.
To get a sense of the cost of rental housing in cities across Canada, visit our Rentals for Newcomers site. Here you can get the most up-to-date rental housing costs. Our Rentals for Newcomers site is a practical and easy-to-navigate site to help you make an easier transition to life in Canada when it comes to finding housing! And you can even determine the average cost of rentals in each city. This is helpful since rental prices change often.
Driver’s licencing is a provincial jurisdiction. No province in Canada currently has a driver’s licence exchange program with India. Driving laws and rules are very different in Canada compared to India. Therefore, you will have to get a Canadian driver’s licence when you move to Canada from India. You will have to pass all licencing requirements in the province you reside in – including a knowledge and road test.
Canada experiences all four seasons – spring, summer, fall, and winter. The temperatures can vary significantly from up to 40 C and humid in the summer to frigid and more than -30 C with the windchill in the winter. Weather can go up and down and be very unpredictable at times. You will need clothing for all seasons. When you move to Canada from India, you’ll have to prepare to dress for winter.
Canada is not only a more expensive place to live than in India, but you will also have to pay tax on almost everything you buy. Taxes are used to fund many public programs in Canada. While you do not pay tax on essential food items, you will pay tax on clothing, consumer goods, energy, cars, and even your property. The tax rates vary by province.
Canada is one of the most culturally diverse nations in the world. It’s just one of the many reasons immigrants choose to come to Canada. People from all over the world of different ethnic origins, creeds, and religions call Canada home. It is a huge part of Canadian identity. And there are large Indian communities in many cities across the country. These communities can help you ease your transition.
It’s important to research as much as possible about Canada before you arrive. Despite what you may read, it will not quite be like your real-life experience. Use the above information to temper your expectations about what it is like to move to Canada. The more you know, the easier it will be to settle in Canada!
Looking for more information about living in Canada? Visit our resource page for free webinars, information, resources and more. We’ll help you to settle in Canada with confidence and ease!
Transferable job skills can open the door to a variety of career opportunities in Canada. People with a diverse skillset can take steps toward different job titles, industries and career paths. And transferable job skills are a vital asset for newcomers,
Moving to a new country often means a shift in your career. As a result, you may take on work in different fields when you first arrive. This could be because you need to acquire new certifications or pass licensing tests to work in your area of expertise in Canada. This can take some time. As a result, you may need to work in an unrelated job to supplement your income until you can resume your career in Canada.
Here we will define transferable skills, how to identify your skills and provide the most in-demand skills in Canada.
Transferable skills are abilities and attributes that you can use in a variety of situations and for different types of work. Most of these skills that you have developed over time through:
Transferable skills include hard skills and soft skills. Hard skills refer to your technical ability. Soft skills include skills such as communication, leadership, critical thinking, and interpersonal skills. While your hard skills are important, it’s your soft skills that help you stand out among other job applicants and succeed in your role. You can learn more about skills and behaviours that Canadians value from this Conference Board of Canada resource.
Everyone has transferable skills. What are yours? Consider your experience and identify the skills you used from your:
Use the list you come up with to search for jobs that call out these skills in the job description. This will help you determine if you are a good match for the role. Once you have a list, add these transferable skills to your resume and LinkedIn profile. This will help employers to search for those skills and find you!
Canadian employers value transferable skills. But it’s helpful if you can clearly explain how your transferable skills relate to the role you apply for. This is an advantage if you apply for a job that doesn’t directly relate to your professional background, but you have the skill set that would allow you to succeed.
Here are the most in-demand transferable job skills right now:
If you’re searching for a job, be sure to emphasize the transferable skills that employers are seeking. Highlight these skills on your resume and LinkedIn profile so employers can see your value.
Transferable job skills are important, especially if you plan to apply for other job titles and industries. Everyone has transferable skills, and taking the time to identify and develop them can open the door to new career opportunities in Canada.
Financial stability is vital for anyone who has recently arrived in Canada. Even if you have a strong financial standing in your home country, you must establish it in Canada. Applying for a credit card is one of the first and most effective steps to build your credit and give yourself a buffer.
Credit cards are a convenient payment option and they help establish your credit history. Paying off your credit card balance each month will help you build your credit score and qualify for larger loans and financial products in the future. This is important especially if you want to get a car loan or qualify for a mortgage.
Applying for a credit card can seem overwhelming, especially if you are a newcomer. You may not know how to apply, what information you need, or if you qualify. Here we will provide you with the information you need to apply for your first credit card in Canada.
You will need the following information to apply for a credit card:
Applying for multiple credit cards can affect your credit score. So, avoid applying for several cards to see which one accepts your application. You must assess your financial situation to know what type of card will best meet your needs.
Ask yourself:
Many types of credit cards offer unique benefits. Depending on your situation and financial needs, these card features may make sense for you:
Ready to take control of your financial journey in Canada? Join our expert-led online webinar! Learn essential banking tips to build a strong financial foundation. Hear from David Frattini, Managing Partner at Prepare for Canada, and Neil Dhanani, Financial Advisor at Scotiabank, as they guide you through everything you need to know.
REGISTER FOR THE WEBINAROnce you have completed your research, you can complete your credit card application. The most effective way to do this is online through the lender’s website. You can also apply over the phone and through the mail.
If you apply online or over the phone, your application can be processed and approved in just a few minutes. Sometimes you will need to provide additional information to get approved. Once approved, you can expect your credit card in the mail in about five business days.
You have more options to consider than you think. Applying for the right credit card that matches your needs can help build a solid financial foundation.
There are many exciting careers in the construction industry right across Canada. And available jobs will continue to increase with many current workers retiring in the years to come. So if you’re looking to make a career change, there are great possibilities, even if don’t have a construction background.
Linda Ryan is the Provincial Manager (Apprenticeship Services) with BCCA. When it comes to looking for a career, Ryan provides tips on how to successfully make your career change to the Canadian construction industry. BCCA-Integrating Newcomers, is a government funded, Canada-wide, pre-arrival career coaching service for high skilled construction professionals immigrating to Canada (*BCCA-IN). The BCCA-IN team helps newcomers plan for, and achieve, employment success, no matter what city or province they are moving to.
Prepare for Canada: Can you tell us more about the shortage of workers in the construction industry? What types of professions are needed?
Linda Ryan:
With an 80,000 shortfall predicted in workforce numbers over the next decade due to retirements and modest industry growth, it’s fair to say Canada’s construction industry is actively hiring. Like any industry, construction needs tradespeople and specialist professionals such as engineers, architects, estimators, etc. As well, the industry requires strategic professionals for functions such as:
Prepare for Canada: The employee shortfall is great news for job seekers with a construction background. But, what advice do you have for newcomers who want to make a career change? In other words, how can newcomers actually transition their non-construction skills and experience?
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Ryan offered these tips to make a career change to the construction industry.
Transitioning your career to a new industry is possible as long as you have a clear plan and are prepared to take lots of small, progressive steps to get there. Accepting that your career transition is a journey, not a destination, is key. It will prepare you for the action and accountability you must assume to make a successful career change.
Answer this question: What’s my goal in moving into the construction industry?
In other words, what will it give you that you don’t currently have? The more honest you are about what and why the more focused you can be about the kind of roles and companies that will suit you. Answering this question will help you confirm what you’re prepared to do to get started because you will have to take a step back in the short term to build your reputation in a new industry.
This is where people make a big mistake. Recruiters will ‘pigeonhole’ you when they read your resume and only consider you for roles that match your experience and industries. So, your old resume won’t cut it. You can overcome this barrier by investing time to look back on your life, hobbies, family influences, volunteer endeavours, and professional experience. Then rewrite a resume and cover letter that shows:
i. An exposure to and interest in construction
II. Key skills and past role achievements that will transfer well into your new target industry.
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Start job hunting for roles you’re a realistic fit for in the construction industry. This may mean considering more junior roles. Although you may have transferable skills, employers know that you will have to learn the industry to add 100% of your value, and that takes time. So, know your value but be humble about where you will start your career.
Spend less time applying for jobs and more time tailoring your resume for specific ‘obvious fit’ roles.
Business in Canada relies on a strong network, and even more so in the construction industry. If you’re not prepared to invest time to network and connect with peers online and offline, then you’re not really committed to a career transition.
LinkedIn is a helpful tool to build a professional network and connect with peers. However, don’t connect to ask for a job. Instead, connect because you share a common:
Sometimes it’s as simple as sending a blank connection request on LinkedIn, other times, it’s about asking to connect because you’d value some ‘local industry insights’. Try different approaches. You’ve nothing to lose.
There are many construction associations across Canada. Most are formed as corporate, member-based, not-for-profit organizations. Their mission is to advocate for local construction stakeholders. The associations offer networking events, short in-person and online (inexpensive) courses and are great sources of local industry insights. To find your local Canadian Construction Association, start here: CCA Membership.
These are great tips for anyone looking to make a career change and enter the Canadian construction industry. And BCCA-IN can provide the support and guidance you need.
*The BCCA-Integrating Newcomers program is a free, pre-arrival, Canada-wide service, focused on helping high-skilled newcomers explore and build successful construction careers. Services include one-on-one career guidance, tailored resume, cover letter, LinkedIn advice, and an in-depth skills and education assessment to help newcomers focus on the best career, credentials and connections activities. The Integrating Newcomers team not only has multi-industry experience but are also immigrants who have built successful careers in Canada.
Are you looking to find the highest-paying jobs in Canada? You are not alone. Everyone wants to make a good wage in a career they enjoy. Canada is home to a diverse economy with a wide range of high-paying jobs. You can work in health care, technology, business, finance, e-commerce, oil and gas, and just about any other industry and find yourself in a high-paying position.
Are you starting out in your career? Is it time for a mid-life career change? Or do you want to learn more about the best-paying jobs in your industry? it’s important to know what is out there for you. The best industries to work in and how much jobs pay will depend on the province, city, and many other factors.
Knowing the highest-paying jobs is only the first step. It’s also a good idea to understand the most in-demand roles. But most importantly, you need to know how to apply for these competitive and high-paying jobs if you hope to get one.
Below you will learn about some of the highest-paying and most in-demand jobs in Canada. You’ll also get tips on how to apply for these jobs to improve your chances of getting a call for an interview.
There are many high-paying jobs in Canada. While the industries and type of work you do will vary, they do have some common factors. For example, you will require extensive post-secondary education, training, and certification to qualify for these roles. Here are some of the highest-paying jobs in Canada right now:
There is no surprise to see a doctor on this list. There is a big demand for all types of physicians across the country. Many new doctors come from other countries where they have already completed medical school and the required training. A doctor in Canada can make $150,000 or more per year. Learn more about licensing and other requirements to work as a medical doctor in Canada.
Dentists are always in demand. Everyone needs to see one to ensure they have good oral hygiene. Similar to doctors, you will need extensive education and training. You can make over $100,000 annually. If you specialize in dental surgery or other dental specializations, you can increase your average salary. Find out more about what’s required to work as a dentist in Canada.
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Similar to other roles in the medical profession, pharmacists and related roles in pharmaceutical sciences require you to have extensive training. Again, like other health-related roles, you will be compensated well. You can make about $110, 000 per year or more. Find out more about what you require to work as a pharmacist in Canada.
Engineers work in a variety of different industries and disciplines. You can be a mechanical, software, automotive, aerospace, electrical, or civil engineer. You will need to complete an engineering degree and pass a professional examination. Engineers will make $120,000 or more.
Financial advisors play a key role in helping people and companies manage their investment portfolios. You can work for banks, credit unions, and many other types of financial institutions. Professionals in this field can make $100,000 per year or more. You also have advancement opportunities to work in a number of different roles within the finance industry.
Financial professionals are in demand in Canada and accountants are leading the way. There are many types of companies seeking out accountants. How much you make per year depends on where you work. For example, working for an accounting firm versus working for a large corporation or operating as an independent professional will affect your annual salary. Accountants can make over $100, 000 per year.
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Working in the energy industry is a great opportunity. There is growth in the renewable energy field and how energy is used continues to change. Utility managers plan and operate utility company operations. It is a specialized role that comes with an average annual salary of about $115, 000.
Big data and analytics continue to become more important in the business world. Statistical modelling and data analysis help companies make more accurate forecasts and strategic decisions. They are in demand to assist with making sales, marketing, and strategic decisions. Data scientists can make $90,000 per year or more.
Working in business gives you the opportunity to take on many different roles as you work your way up the corporate ladder. While traditional roles still pay very well, there is an increasing focus on the e-commerce side of business operations. Working in business administration, you can make well over $100,000 per year.
No surprise here. It’s common knowledge that lawyers can make a good salary. You will be required to complete law school in Canada and pass the Bar Exam. An experienced lawyer can make $130,000 on average and up. There is no cap on your earning potential, which makes it an attractive career option.
This is by no means a complete list. There are many additional careers that can pay you just as much as the above jobs.
Another way to think about high-paying jobs is to look at the roles that are in the greatest demand. In-demand roles usually come with a good compensation package and other perks. The most in-demand jobs in Canada in 2021 and for the foreseeable future are as follows:
Each one of these roles can offer you a career with a good salary and the opportunity to advance in the future.
If you want to get a call for an interview for a high-paying job, you need to present yourself as a top candidate. Everything about your job application needs to be on point. Applying for a job has to do with more than presenting a good resume. So here are some great tips to help you apply for the highest-paying jobs in Canada:
If you want a high-paying job, you need a resume that presents you as a top candidate in your field. So rather than list your past skills and experience, focus your resume on your accomplishments. Craft it to convey how your experience and skills will help the organization you want to work for. To do this you will need to customize your resume and application for each job you apply for. Use the information you find on the company website and in the job listing to create a custom application package.
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Expect employers to check you out online when you apply for a job. While not having an online presence won’t change your odds, having a poor online presence will. Make sure you do not post anything controversial or even anything that may cause a hiring manager or recruiter to second-guess you. Mine all your social media channels and delete anything that does not present you in a positive light.
You can make your online presence work for you by being an active participant in your industry community. Have a strong LinkedIn profile, take part in industry groups, and be an active participant. This will help you build name recognition in your industry.
To make yourself a more attractive candidate, work toward making yourself an expert in your industry. There are many ways you can do this that are free or of little cost. For example, you can start a blog, be active on social media, or create a YouTube channel or podcast. You can also take more traditional routes by attending industry conferences, looking for speaking engagements, and getting a role as a board member of your industry associations.
Professional growth and development are an essential part of building a career where you continue to thrive. Always look for opportunities to add new skills, credentials, and certifications. This will show employers that you have a strong drive to succeed. You will also be a more valuable asset to their organization. It’s also helpful to know if your occupation is regulated or unregulated in Canada. Regulated professions may require you to obtain additional certifications.
The people you know are important. People that always seem to find new opportunities tend to have a strong professional network. The more people you know, the greater chance you will have to identify new jobs. Sometimes it can be as simple as getting someone you know to introduce you to a mutual connection.
You get out what you put into the job search process. If you are applying for a high-paying and competitive job you will need to put in the effort. Using this information will help you to identify and apply for the highest-paying jobs in Canada
For information, tools, free webinars, and more visit our finding a job in Canada resource page. Get the help you need to achieve your career goals in Canada!
If you’ve recently arrived in Canada you may need a car that meets your lifestyle, work, and family transportation needs. And buying a used car may be a better option than buying a brand new car, especially when you need to manage your expenses as you transition to life in Canada.
But before you buy a used car it’s helpful to think about your needs so that you can find a good car that fits your budget. Buying a used car comes with additional factors to consider. No one wants to buy what they think is a good car only to get stuck with a lemon. If you decide that it’s essential to own a car, here’s what you need to know and do before you buy a used car in Canada.
How much you want to pay for a vehicle will help you to narrow down the types of vehicles that are in your price range. Also, when you set a limit to how much you’re willing to spend on a car you won’t be tempted to overspend. Carefully managing your money when you first arrive in Canada is a key priority.
Determine how you plan to pay for your used vehicle. Do you want to pay cash? Do you need to take out a car loan? If you do, where are you going to get it – car dealer, bank, or another type of lender?
You can get almost any car brand, make, or model on the used market. Spend some time to narrow down the type of vehicle you want to purchase.
Ensure you are buying the right vehicle for your needs. A good used car can offer years of service at an affordable price to help transition into Canada at a time when finances may be tight. Think affordability. Also, it’s important to know that the type of vehicle you buy can affect your insurance costs.
A small car will suit a single person or couple. If you have a growing family think about a mid-size car with a bigger back seat and a larger trunk. Mini-vans are ideal if you have a couple of children or an extended family comprised of adults. Minivans offer multiple seats from seven to eight and a larger cargo area.
Sport Utility Vehicles (SUVs) are a lifestyle choice for some who like the styling and four-wheel-drive that is suitable for driving in Canadian winters. If you have moved to a region of Canada with harsh, snowy winters or live in a rural area with hills and rough roads an SUV may be ideal. Bear in mind, small four-cylinder cars with a manual transmission are still the most fuel-efficient and affordable cars to buy and maintain.
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Before you look for a car, ensure you are armed with as much information about the specific make and model of vehicle that interests you. Tools such as Canadian automotive websites and the Canadian Black Book, list the value for used vehicles of different types according to age and condition.
Look up vehicles you are interested in and check for manufacturer recalls in the past and common problems that need fixing. Your research will reveal which cars are good or bad and could save you hundreds if not thousands of dollars in the future. Reliability is important when buying a used vehicle. Stick to brands and models that have proven to last the test of time. There are websites you can use to see the top used cars such as Autos.ca, and CARFAX.
Insurance costs vary based on the car you drive. Be aware of how much it will cost to insure the used car before buying it.
Always take a car out for a test drive before you buy it. You should feel comfortable behind the wheel. There is a big difference between how a car looks and how it feels when you are driving it. The test drive also gives you the opportunity to test out vehicle components to make sure everything is working as advertised.
On the test drive, try the vehicle out on different road surfaces and at various speeds to check steering, engine noise, vibrations, transmission problems, brakes, shock absorbers, and front-end alignment. Do a few emergency stops and listen closely for transmission, engine, and suspension noises that could indicate trouble ahead. If the vehicle pulls to one side and the steering does not center itself this could spell alignment issues or have been caused by a previous accident.
Always get any used car checked out by a trusted mechanic. You never know what is going on under the hood. A mechanic can tell you if the car is in good shape and if there are upcoming repairs that will need to be done.
If you feel positive about the vehicle, take it to a mechanic you trust or a diagnostic center for a thorough inspection before you buy it. A good mechanic will do a thorough check of the car to identify any problems and suggest what work that may be needed to keep the car safe and reliable.
There is more to transferring ownership than just handing over the cash when you buy a used car in Canada. You need to follow several steps to transfer ownership. These will vary based on your provincial regulations.
Always ask to see the seller’s Used Vehicle Information Package (UVIP). This will give you an overview of the history of the car. Check the Vehicle Insurance Number (VIN), registration, and lien information to make sure the car is clean. It also serves as the bill of sale.
Regardless of whether you are buying a new or used car, the price is always negotiable. Make an offer you believe is fair and see if the seller is willing to accept it. Buying a used car in Canada is a negotiation.
Consider the value of the vehicle from official trade journals such as the Canadian Black book taking into account: age, mileage, general condition, upgrades or extra features- minus any defects, or mechanical issues, you see and the mechanic’s report finds out.
Use any flaws in the vehicle to bargain and reach a price both you and the seller are comfortable with. Remember to be calm and rational and not be let emotion enter into the decision, no matter how much you like the car. You do not want to overpay for it.
Evaluate any counteroffer by the seller, and prepare to walk away if need be, unless you feel inherently the car is worth the money the seller is asking.
If you do not buy the vehicle, be philosophical about it. The used car business is larger than the new car business. And there are plenty of other good used vehicles out there for you. With good basic research and a cautious, knowledgeable approach you can find a decent vehicle to fit your needs at a price within your budget.
When you follow these tips, you’ll be confident that you’re spending money wisely on a used car that will meet your driving needs in Canada.
For information, tools, and free webinars about living in Canada visit our Settling in Canada resource page. We’ll help you to settle in Canada successfully!
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, it’s important to consider all of the related costs and expenses. And, when you factor in all of the costs, you’ll be in a better position to answer, “how much mortgage can I afford?”
It may seem like great news to get approved for a higher mortgage amount than you expect. But, this can lead to overspending on housing when you get more money than you need.
Buying a home in Canada is a big dream for many newcomers! But, buying a home that is more than you can afford, can turn that dream into a financial nightmare. If you have a good credit history, and a healthy down payment, your lender may approve you for a mortgage that is higher than what you need. For example, you may have a personal budget of $800,000 to buy your home. And, your lender may pre-approve you for $1,000.000. To get a general idea of how much mortgage you can afford, use this mortgage calculator.
But, does that mean you should borrow that much so you can buy a more expensive home? You need to factor in other costs so that you can answer this key question: how much mortgage can I afford?
This is a common mistake that many first-time homebuyers make. And, this often leads homeowners to a situation where they are “house rich and cash poor”. In other words, they are spending between 30 – 40% (or more) of their total income on:
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When you spend too much of your income on housing, it means you’ll be “cash poor”. And this means you’ll have very little room to afford other expenses such as:
Or, you end up making these purchases on credit, increasing your debt level, and possibly affecting your credit history.
In addition, you need to consider your other expenses such as daycare, saving for retirement, or saving for your children’s education. All important expenses that you may also be saving for.
So, before buying your home, carefully consider how much you can afford and what other financial obligations you have.
Closing costs are typically paid at the end of the homebuying process. Often, people overlook the closing cost that can become expensive. You can expect to pay closing costs in the range of 1.5 – 4 % of the selling price of your home. So, it’s important to include these costs when calculating how much mortgage you can afford.
Closing costs are one-time only expenses that may include:
Getting a home inspection is not required. However, if you are buying a home, it may be a smart thing to consider. A home inspection can provide you with information about the state of the house. You may discover that you will have to spend money on repairs either in the short-term or long-term.
You also want to find out what recent repairs or renovations were completed. A home inspection can provide information about the: insulation; electrical work; and structure.
If the home inspection reveals costly defects, you can try to negotiate with the seller to make the repairs or reduce the selling price.
Homeowners in Canada must pay taxes to fund services such as police and fire, schools, public education, transit, parks and recreation, road maintenance, and many other services. And, property taxes are a major source of revenue for municipalities in Canada.
On top of your mortgage payments, you will have to pay property taxes. Most lenders will collect the property tax and this helps you to avoid a large and unexpected tax bill when your annual taxes are due. So, it’s important to factor your property taxes into your mortgage payments as well.
These legal costs include fees for services that your real estate lawyer will do such as:
This is a tax that home buyers in most provinces must pay. And, It is usually based on the purchase price of the home.
Since your lender has a large stake in your home, they will often require you to purchase insurance against fire and weather-related damage. It is also a good idea for you to purchase ‘contents’ insurance to protect your valuables.
This is special insurance coverage to cover the cost of your mortgage in the event of death or severe illness is available from most lenders.
Your moving costs will vary depending on whether you rent a truck and move your belongings yourself, or if your hire professional movers. If you hire movers, you can expect to pay a minimum of $1,000 depending on the weight of your belongings, travel distance, and even your moving date.
You can reduce your moving costs if you rent a truck, and kindly ask your friends and family to lend you a hand on moving day!
When you set up your utilities, you will be charged a deposit to hook up services and replace the previous owner’s name with your name on the bill.
Many potential homeowners overlook these additional costs, and they can quickly add up. So it’s important to include these costs when considering how much mortgage you can afford.
It’s important to manage all of the costs involved when buying a home. And, knowing how much mortgage you can afford can help you to make the best financial decision for you and your family.
Check out our financial first steps resource page for resources and information to help you achieve your financial goals in Canada!