Getting started

To get started, here’s an overview of what you need to know about moving to Canada, working in Canada and building a good credit history. 

The more you know about Canadian money, savings and housing, the better prepared you’ll be. You can even do certain steps—such as opening a bank account—before you arrive. Learn about this and other personal finance topics, including key details about preparing to buy a home in anywhere in Canada.

Finding a job and earning an income soon after arriving in Canada can contribute to your success. We explain who can legally work here, how to apply for a work permit, how to find credible job postings and what details to look for in a job offer. We also tell you about non-profit organizations that help immigrants find work, sign up for free English classes and more

Moving to Canada or new to the country? These six major cities have many job opportunities in different fields—plus we look at the cost of living in each.

From tech to health care, Canada offers plenty of jobs for newcomers—and many of them are included in national and provincial express entry immigration programs.

Once you move to Canada, it’s important to start building a good credit history—it will have a big impact on your future here. If you plan to borrow money to buy a home or a car, for example, lenders will look at your credit report to decide if they’ll loan you money and how much interest to charge you. Employers, landlords and even cellphone companies may check your credit report. We explain how to build your credit history and how to improve your credit score.

Some financial products in Canada are similar to what’s available in India, like fixed deposits and GICs. Check out our list.

We’ve rounded up 15 more MoneySense articles that provide personal finance tips for different life stages—from your first steps in Canada to getting established to planning for retirement.

MoneySense Editors

Source link

You May Also Like

Donald Trump says he will be in courtroom for New York trial scrutinizing his business practices

NEW YORK — With control over some of his most prized real…

Subway sold to Arby’s and Dunkin’ owner Roark Capital

Subway to be purchased by private equity firm Subway to be purchased…

What the November Fed Rate Increase Means for Your Bank Accounts – NerdWallet

Your savings account rate might change for the better this November. The…

12 Ways to Save Money on Health Care

Syda Productions / Shutterstock.com Editor’s Note: This story originally appeared on Living…