Valuable information to help identify and avoid loan scams

Credit to Author: Canadian Immigrant| Date: Thu, 04 Jun 2020 17:41:54 +0000

The Coronavirus pandemic has brought on many financial challenges and a number of newcomers and immigrants are actively seeking options for support. During these uncertain and difficult times, it is important to be more careful about fraudulent financing schemes and loan scams. According to statistics released by the Canadian Anti-Fraud Centre, between 6 March and […]

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Need help doing your taxes? Free virtual tax clinics available for simple tax returns during COVID-19

Credit to Author: Canadian Immigrant| Date: Wed, 20 May 2020 20:16:25 +0000

This year’s tax filing deadline was extended from April 30 to June 1, 2020 due to the situation with the COVID-19 pandemic. Unless you are self-employed or filing under a special category all tax returns are due by this day. It is important that you file your taxes to get the benefits and credits you’re […]

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Many new immigrants and international students ineligible for CERB benefits during COVID-19

Credit to Author: Kaitlin Jingco| Date: Thu, 07 May 2020 21:59:08 +0000

Stuck in quarantine with no job, no benefits, and no income, life in Canada has been harder than John* anticipated when he landed in Canada as a Permanent Resident from India in December 2019. “Whenever you’re new in a country, it’s difficult to find your first job because many of them ask for Canadian experience, […]

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CERB benefits during COVID-19: many new immigrants and international students are ineligible

Credit to Author: Kaitlin Jingco| Date: Thu, 07 May 2020 21:59:08 +0000

Stuck in quarantine with no job, no benefits, and no income, life in Canada has been harder than John* anticipated when he landed in Canada as a Permanent Resident from India in December 2019. “Whenever you’re new in a country, it’s difficult to find your first job because many of them ask for Canadian experience, […]

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Ontario asked to support food service businesses

Credit to Author: Ramya Ramanathan| Date: Thu, 07 May 2020 21:13:58 +0000

A number of newcomers and immigrants work in the diverse Canadian accommodation and food services industry, whether as entrepreneurs, chefs or in survival jobs. COVID-19 has hit the industry hard as restaurants have had to close down their dine-in services in response to the Coronavirus. A new survey from Restaurants Canada, a not-for-profit association advancing […]

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Restaurants Canada calls on Ontario to support food service businesses

Credit to Author: Ramya Ramanathan| Date: Thu, 07 May 2020 21:13:58 +0000

A number of newcomers and immigrants work in the diverse Canadian accommodation and food services industry, whether as entrepreneurs, chefs or in survival jobs. COVID-19 has hit the industry hard as restaurants have had to close down their dine-in services in response to the Coronavirus. A new survey from Restaurants Canada, a not-for-profit association advancing […]

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How well do you understand your ideal customer’s buying decisions?

Credit to Author: Ramya Ramanathan| Date: Wed, 01 Apr 2020 22:35:20 +0000

Are you looking to become a small business owner? How well do you understand the rationale behind the buying decisions of your potential customers? Small business owners in Canada are a force to be reckoned with — over 98 per cent of all businesses in the country have less than 100 employees. If you have […]

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Saving up for your first home: five tips to get you started

Credit to Author: Amit Sadhu| Date: Wed, 25 Mar 2020 23:06:23 +0000

Buying a home is an exciting milestone for many Canadians – including many new Canadians. In fact, a recent poll by Royal LePage found that one in five homes purchased in Canada in 2019 were purchased by newcomers. Finding the right home in the right neighbourhood is often top of mind for prospective buyers as […]

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A primer on changes to 2019 tax returns

Credit to Author: Canadian Immigrant| Date: Wed, 19 Feb 2020 20:36:24 +0000

A new tax season is upon us. Let’s warm up this winter with a primer on the changes to the tax return. The T1 tax return has a new look The Canada Revenue Agency (CRA) has reworked the tax return. More specifically, the line numbers that were 3 or 4 digits are now 5 digits, […]

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Think carefully before you apply for a payday loan

Credit to Author: Canadian Immigrant| Date: Mon, 03 Feb 2020 20:44:55 +0000

How informed are you about payday lending? Payday loans are short-term loans with high-interest rates that are often available to people without or with poor credit history. When immigrants move to Canada, they arrive without a Canadian credit history. Unfortunately, even if they had a good credit rating in their home country, information is not […]

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