It’s always a huge challenge to move to a new country, but it’s even more difficult to start or renew your business as a new Canadian. Read on to find out how you can receive funding and support to get back to your entrepreneurial ways.
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.
Are the children of immigrants financially savvier than those born in Canada? Pracheer Saran explores the phenomenon of greater financial literacy among newcomers – and what everyone can learn from frugal living practices.
When pro poster Pracheer arrived in Canada, he found his banking options to be limited due to his lack of Canadian credit history. However, BMO took a chance on him – and made a loyal customer for life. However, while BMO offered great service, Pracheer took notice of great rates from other lenders… and wasn’t afraid to make the switch.
Preparing financially for retirement and education can be a challenge for any Canadian – but time is especially of the essence for older immigrants who have not benefited long term from Canada’s RRSP and RESP programs. Pro poster Pracheer Sarah shares the steps some newcomers take to overcome these hurdles.
Are you a skilled immigrant looking for work in Canada? Experience requirements can be challenging hurdles – but you do have options. Pro poster Pracheer Saran shares the top resources for career-bridging programs and educational services for newcomers.
Carving out your home in a new country is daunting enough – navigating the real estate market is an entirely different challenge. Many newcomers to Canada are keen on becoming home owners – but some may be better off renting as a lack of credit history can mean paying a much higher mortgage rate. Here, pro poster Pracheer Saran shares why his family chose to buy.
Over the last few years access to banking products and services has become even more complex given new laws and regulations designed to prevent money laundering. For newcomers to Canada, securing a mortgage can be a bit tricky. Here’s what you need to know.