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New currency, new rules. Being financially literate is a big part of your success in your new home. This section has information, tips and hacks to help you handle your finances. You will also learn how to navigate taxation, government benefits, banking, and credit like a pro.
Quick Facts
- According to an Ipsos Reid Study, higher financial literacy affects social, economic and physical well-being; opportunities for social and family interaction; participation in community activities; employability; career advancement; and corporate efficiency.
- The Government of Canada is encouraging people to have bank accounts to save administration costs for mailing cheques. It would be more convenient for anyone receiving benefits such as GST, the Canada Child Tax Benefit, and other payments from provincial or territorial programs to have a bank account.
- People tend to underestimate what they spend. Studies show that incidental expenses (unplanned purchases at the grocery, or mall) take up 20% or higher of a family’s budget.
Newest Money & Finances Articles
Here’s how to spend meaningfully in 2025: Learn about the ‘no-buy year’

Struggling with inflation, debt, or saving? All of us are complaining about the rising prices of goods. In this economy,… Read more »
Tips to manage your financial stress

Canada is experiencing a cost-of-living crisis. With rising prices, nearly half of Canadians are finding it challenging to meet their… Read more »
Don’t fall into the debt trap! 5 tips to stay financially healthy in 2025

Did you overspend during the holidays? You’re not alone. According to CPA Canada, this is the season when Canadians spend… Read more »
How to reprogram your relationship with money

You probably think of your money as numbers: how much you have in the bank, pay cheques you take home,… Read more »
Recent Money & Finances Articles, CLB3-4
6 tips to help you spend less on groceries

Are your grocery bills going through the roof? You’re not alone. Everyone’s feeling the pinch as prices of goods continue… Read more »
Tax season also means scam season

Most of us are probably aware of the CRA phone call scam by now. This is when a person pretending… Read more »
8 habits that will help you avoid getting into debt

Starting a new life in a new country can be expensive. You will need a place to live in, furniture,… Read more »
10 ways to save money during the holidays and still have the best time

Dreading the holidays because of the expenses? The cost of gifts, hosting parties and other holiday activities can pile up…. Read more »
You can see more simple English articles here.
Related Activities
Tips about how to get ready to file your tax return in Canada

Taxation can be a very difficult and overwhelming topic. The goal of this workshop is to make it a little… Read more »
Preparing yourself for retirement in Canada

Getting financially ready to retire in Canada is one thing, but there’s a lot more to it that that. Come… Read more »
The importance of having a will

we have all heard that it’s important to have a will, but why? Come to this workshop and find out!
The importance of having a will

Having a proper well could save you and your family from financial disaster. Join this workshop to discover the importance… Read more »