Select Page

BANKING & FINANCE

Before You Arrive

Bank of Canada Interest Rate Cut and Newcomers

A young couple stands outside of a home they want to buy when interest rates in Canada move lower.

The good news for newcomers and international students is that the Bank of Canada’s interest rates are falling. Experts predict they will continue to fall throughout 2024. 

Inflation in Canada and What it Means for Newcomers

A for rent price sign hangs in front of a rental property. Rental prices are affecting inflation in Canada.

For newcomers and international students arriving in Canada, the current rate of inflation affects how much you pay for housing, groceries, transportation, and other expenses. Staying informed about inflation changes can help you budget and manage your finances.

Insurance in Canada: What Newcomers Need to Know

Insurance in Canada protects your property. Interior of a home with several feet of water.

Protecting yourself and your family against unexpected danger and risk is what insurance in Canada is all about for newcomers to Canada and international students. 

How Much Money Will I Need to Move to Canada?

Canadian money showing proof of funds

How much money will I need to move to Canada? The answer depends on the size of your family. Applying to become a permanent resident (PR) in Canada can be a long process, including showing proof of funds to the Canadian visa office in your home country. Proof of funds…

5 Mistakes Newcomers Make With Credit Cards

A customer is paying a cashier in a grocery store. Managing your personal finances for common expenses such as food, housing, and entertainment is vital when you first arrive in Canada.

Getting a credit card when you arrive in Canada is a great way to build a credit history, but you must avoid making common mistakes. From spending more than your credit limit, to only paying the minimum monthly payment, these mistakes can damage your credit score and…

No-Spend Challenge | A Journey to Financial Freedom

A young couple and child are riding bicycles in a forest. Taking advantage of free outdoor activities is a great no-spend challenge idea.

Moving to a new country like Canada can be one of the most exciting experiences of your life. However, it can be challenging as well. Managing your finances as a newcomer is one of the most important aspects of starting your new life in Canada. One effective way to…

Fraud Prevention Month in Canada | Online Scams to Avoid

March is fraud prevention month in Canada. A ;woman is using her smartphone that requires a password to login in.

How much money will I need to move to Canada? The answer depends on the size of your family. Applying to become a permanent resident (PR) in Canada can be a long process, including showing proof of funds to the Canadian visa office in your home country. Proof of funds…

Move to Canada | Transferring Cash & Valuables

A customer is paying a cashier in a grocery store. Managing your personal finances for common expenses such as food, housing, and entertainment is vital when you first arrive in Canada.

Getting a credit card when you arrive in Canada is a great way to build a credit history, but you must avoid making common mistakes. From spending more than your credit limit, to only paying the minimum monthly payment, these mistakes can damage your credit score and…

Top 10 Financial Steps Before You Leave for Canada

Financial steps before you leave for Canada

Moving to a new country like Canada can be one of the most exciting experiences of your life. However, it can be challenging as well. Managing your finances as a newcomer is one of the most important aspects of starting your new life in Canada. One effective way to…

Saving Money for Your Emergency Fund

Saving money for an emergency fund

How much money will I need to move to Canada? The answer depends on the size of your family. Applying to become a permanent resident (PR) in Canada can be a long process, including showing proof of funds to the Canadian visa office in your home country. Proof of funds…

How to Apply for a Credit Card in Canada

Applying for a credit card in Canada

Getting a credit card when you arrive in Canada is a great way to build a credit history, but you must avoid making common mistakes. From spending more than your credit limit, to only paying the minimum monthly payment, these mistakes can damage your credit score and…

Types of Bank Accounts to Save for Your Future

Banker reviewing types of bank accounts with a new customerTypes of bank accounts

Moving to a new country like Canada can be one of the most exciting experiences of your life. However, it can be challenging as well. Managing your finances as a newcomer is one of the most important aspects of starting your new life in Canada. One effective way to…

Arrive in Canada financially prepared.

Getting started on the right financial foot is vital to your success. Start your banking journey in Canada with this webinar!

Canadian money showing proof of funds