From an interview with Avani Singh, Banking Advisor, RBC. Going abroad to study was a dream for Avani. Only a handful of people from her small town in India had ever left the country for their education. Yet when she was 16, she decided that she [...]
Last updated: December 13, 2021 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 2021 tax year. [...]
From an interview with Alexandria Onyedika, Assistant Branch Manager Advisor, RBC Meeting Place, Edmonton. Alexandria always wanted to be a banker. In Nigeria, she studied accountancy and, after university, landed her first job in banking. In 2011, Alexandria’s husband came to Canada to study, and a year later, she [...]
From an interview with Mauricio Neri. Mauricio is a systems analyst who moved to Canada from Brazil in 2016 with his wife. She came here to study global business management at Humber College; he came on a dependent visa and began looking for work. Like many newcomers, Mauricio faced [...]
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 [...]
Whether you’re moving to Canada as a permanent resident or as an international student, being able to sustain and support yourself is important. There are many financial products in Canada that can help you keep your money safe, grow your savings, and achieve your financial goals. A Guaranteed Investment [...]
Most immigrants who choose to move to Canada have a dream, a vision, and aspirations for their future life. It is what motivates them to leave behind their comfort zone, friends, and family and move miles away to a foreign land to start a new chapter of their life. [...]
Moving to a multicultural and well-developed country like Canada and starting a new life is an exciting prospect. To ensure your transition and settlement in Canada progresses smoothly, it is important to be informed and prepared. Finding employment after moving is often one of the high-priority action items for [...]
Did you know that you can get a 15 per cent tax credit up to $75 CAD per year between 2020 and 2024 for subscribing to any Canadian written digital news? In March 2019, the Canadian Federal Budget introduced a new incentive for all the news junkies out there – [...]
The coronavirus (COVID-19) pandemic has affected employment and income for many globally. In Canada, the government implemented many benefits such as the Canada Emergency Response Benefit (CERB) and also outlined an Economic Response Plan to help individuals and businesses facing hardship. The Canada Recovery Benefit (CRB) closed for retroactive [...]
From an interview with Clarinda Andres, Business Account Management, RBC Newcomers come to Canada for many different reasons: out of need, out of desperation, out of a desire to broaden career horizons or to make a better life. Clarinda’s journey began as an adventure in life. In 2011, she [...]
Newcomers often dream of buying a home in Canada someday. Property purchase requires a large financial commitment and the willingness to take on the responsibilities of a homeowner. In Mortgages 101: How to finance your first home in Canada, we outlined the details of financing your first home. In [...]