Finding the right daycare is like solving the Rubik’s cube: it’s a challenge to find a combination of reliability, safety, convenience and affordability. It’s a struggle MoneyWise writer Pracheer understands all too well, as he and his wife search for a daycare for their three-month-old son. Read on for his tips on accessing government funding for daycare costs.
Establishing a credit and banking history in Canada used to be very challenging for newcomers to the country. However, Canada’s big banks have recognized the opportunity presented by newcomers to create life-long customers – and a new slew of marketing campaigns now target immigrants looking to work, save and invest.
Moving to a new country is overwhelming enough – with all the cultural and linguistic challenges faced by newcomers, sorting out finances may often be pushed to the back burner. Here’s what new Canadians need to know about setting up Canadian money management and build credit history.