Articles and resources to help plan your finances and prepare for life in Canada.

FinanceMarch 24, 2021

Adding fun to finance: How to teach your kids about money

Financial literacy is an essential life skill. The financial ecosystem in Canada may be different from your home country. As a newcomer settling in, you may have to learn a few things specific to Canadian finances such as building credit, investing, and saving options available in Canada. Financial literacy is [...]

FinanceMarch 18, 2021

Opening a joint account as a newcomer in Canada: What you should know

Your financial journey as a newcomer in Canada begins with choosing a bank and opening an account. As you settle in, money matters and financial literacy becomes increasingly important. In many countries, owning a joint bank account has a cultural significance. After moving to Canada, some newcomers intend to continue [...]

FinanceMarch 9, 2021

What’s new for Canadian taxes in 2021

The past year has been one unlike any other. The government of Canada has introduced certain new tax measures and modified some existing guidelines for this tax year.  In this article, we’ll review some of the federal and provincial changes which might affect your tax situation. This update includes: T4A [...]

FinanceMarch 5, 2021

Get organized with your taxes in Canada: 3 tasks that matter

Filing your annual income tax return is one of the most important financial obligations for all permanent residents (PRs) in Canada. In this article, let’s look at some of the action items and critical dates filing your returns for the 2020 tax year.  You’ll find more helpful information in [...]

FinanceJanuary 6, 2021

Cost of insurance in Canada: What you should know as a newcomer

Most of us are well-aware of the concept of insurance. As you plan your move to Canada, educating yourself with the insurance options in Canada can help you make smart financial decisions, reduce insurance costs and assist in financial planning.   Insurance is a policy or contract between you and an [...]

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