Credit to Author: Shalini Dharna| Date: Wed, 27 Sep 2023 02:01:37 +0000
As children, we have been told to avoid debt, save money, and invest wisely. But the reality is that not all debt is bad! Not all debt is created equal and sometimes the risk with debt is worth it for the potential return on investment.
The post Good debt vs. bad debt: Know the difference first appeared on Canadian Immigrant.
Read moreCredit to Author: TD| Date: Wed, 22 Mar 2023 11:15:28 +0000
Fraudsters may target newcomers who are not familiar with the Canadian financial system and its regulations. Financial fraud can have long-lasting effects on your credit history[1] and financial security. To stay safe and confident, it is a good idea to educate yourself on what financial fraud is, the common types of fraud that target newcomers, […]
The post New to Canada? Protect Yourself from Financial Fraud first appeared on CIC News.
Read moreCredit to Author: Staff Writer| Date: Mon, 20 Mar 2023 19:30:46 +0000
As a newcomer to Canada, you have probably already heard about the importance of building a credit history in your new country. After all, you’re rebuilding your life and your finances and that means navigating an essential part of the Canadian financial landscape: credit and credit history.. Why is a credit history important for building […]
The post Building your credit history for your financial future first appeared on Canadian Immigrant.
Read moreCredit to Author: TD| Date: Tue, 07 Mar 2023 14:00:40 +0000
As a newcomer to Canada, one important thing you may need to learn about is the Canadian tax system; including the process of filing a tax return. A tax return is a document that you file with the Canada Revenue Agency (CRA) that reports your income, deductions, and credits for a given tax year. Filing […]
The post Canadian Tax Return Basics for Newcomers to Canada first appeared on CIC News.
Read moreCredit to Author: TD| Date: Mon, 06 Feb 2023 13:00:37 +0000
As a newcomer to Canada you will quickly find out the importance of building a good credit score. Financial Institutions and other businesses will generally look at your credit score to determine whether to do business with you or how much money “to lend you”. Here are some quick examples: To rent a property and […]
The post Why do you need a good credit score as a newcomer to Canada? first appeared on CIC News.
Read moreCredit to Author: TD| Date: Wed, 18 Jan 2023 13:00:48 +0000
You’ve just come to Canada – and so much is new and different here. That includes doing banking and getting easy access to your money when you need it. On arrival in Canada, opening a bank account is one of the most important things you’ll need to do. But the choices can be complicated. Which […]
The post Banking in Canada: Where do you start? first appeared on CIC News.
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