The top 5 banking challenges for newcomers — and what to do about them

Credit to Author: Scotiabank| Date: Tue, 18 Oct 2022 14:56:01 +0000

Moving to a new country is a big undertaking. It’s not surprising that it comes with unique financial challenges. At Scotiabank, it’s important for us to help newcomers get settled — financially and otherwise. So, we conducted a study to better understand the types of financial challenges newcomers face when they move to Canada. What […]

The post The top 5 banking challenges for newcomers — and what to do about them first appeared on CIC News.

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How to Prepare for Financial Success as a Newcomer to Canada

Credit to Author: Scotiabank| Date: Wed, 28 Sep 2022 14:46:06 +0000

CanadaVisa and Scotiabank are pleased to invite you to sign up to our live webinar on November 2: How to Prepare for Financial Success as a Newcomer to Canada! What will I learn? This upcoming webinar will teach you all about banking in Canada as you plan your arrival. Setting you up for success as […]

The post How to Prepare for Financial Success as a Newcomer to Canada first appeared on CIC News.

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 Budget your money for success

Credit to Author: Gokul Jayapal| Date: Tue, 02 Aug 2022 17:30:02 +0000

Living without a budget is like travelling to a destination without a map. While both are possible, you are likely wasting time and gas without a map, and wasting money without a budget. Budget is not a dirty word; it is a rather liberating one. It magnifies the buying power of your hard-earned money, and […]

The post  Budget your money for success first appeared on Canadian Immigrant.

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Are you a distracted parent? Time to put the phone down

Credit to Author: Cheryl Song| Date: Tue, 03 May 2022 14:49:18 +0000

Most of us are aware of the danger of distracted driving, especially texting while driving, but not many think about the harm caused by distracted parenting. Distracted parenting can come in many forms — parents may be overwhelmed with stress, work or other issues, but, more and more, parents are distracted with digital devices. While […]

The post Are you a distracted parent? Time to put the phone down first appeared on Canadian Immigrant.

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Canada broke another record by welcoming 341,000 immigrants in 2019

Credit to Author: Kareem El-Assal| Date: Mon, 10 Feb 2020 17:02:21 +0000

Canada continued its immigration record-setting pace by welcoming 341,000 newcomers in 2019. This is only the fifth time in its history that it has welcomed more than 300,000 immigrants in one year (the other times were 1911-1913 and 2018). Canada also exceeded the target it set in its 2019-2021 Immigration Levels Plan (330,800 immigrants) by […]

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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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New to Canada? Three tips to help manage your finances

Credit to Author: Amit Sadhu| Date: Wed, 29 Jan 2020 20:48:13 +0000

At the beginning of the year, we often participate in a time-honoured custom of creating New Year’s resolutions. This typically involves individuals setting self-improvement goals to fulfill throughout the year. And finances, particularly money management and saving, commonly make an appearance on resolutions lists. To start 2020 off on the right foot, below are some financial […]

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Accenture gives $1.1 Million grant to ACCES employment to help newcomers

Credit to Author: Canadian Immigrant| Date: Thu, 16 Jan 2020 13:32:41 +0000

Accenture has made a cash and in-kind services grant of more than C$1.1 million to ACCES Employment, a Canadian non-profit that helps connect employers with qualified workers from diverse backgrounds. Although nearly 300,000 people immigrate to Canada every year, only about 24% of foreign-educated immigrants find work in their professions, according to Statistics Canada. This grant […]

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The OTHER: do we have an us-versus-them mindset?

Credit to Author: Ramya Ramanathan| Date: Thu, 16 Jan 2020 13:20:10 +0000

The concept of self requires the existence of “the other.” Sociologists use the concept of “othering” to describe how differences are understood and identities are constructed. People often assume that because someone has a different skin tone or dresses differently or has a different accent, they may not have much in common with them. They […]

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Celebrating the fifth annual Toronto Newcomer Day

Credit to Author: Ramya Ramanathan| Date: Thu, 16 May 2019 03:02:39 +0000

The City of Toronto is celebrating Toronto’s diverse communities on May 16, 2019 with its fifth annual Toronto Newcomer Day. All are invited to join in celebrations to welcome newcomers in Toronto with activities and entertainment at this showcase of Toronto’s diverse communities. An important community-building event According to Vera Dodic, Manager, Toronto Newcomer Office, City […]

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