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.
- 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
Filing taxes can be confusing, especially if it’s your first time. Don’t worry, the Canada Revenue Agency created a Newcomer… Read more »
Running a buy and sell business? Delivering for Uber Eats? Whether it’s a small business, freelancing, or consulting, self-employed individuals… Read more »
Are your grocery bills going through the roof? You’re not alone. Everyone’s feeling the pinch as prices of goods continue… Read more »
Looking for new ways to save on expenses? Here are three easy ways you can adopt if you’re serious about… Read more »
Recent Money & Finances Articles, CLB3-4
Most of us are probably aware of the CRA phone call scam by now. This is when a person pretending… Read more »
Starting a new life in a new country can be expensive. You will need a place to live in, furniture,… Read more »
Dreading the holidays because of the expenses? The cost of gifts, hosting parties and other holiday activities can pile up…. Read more »
It’s the most wonderful time of the year! Whatever you celebrate, be it Christmas, Hanukkah, Kwanzaa and others, this season… Read more »
You can see more simple English articles here.
Taxation can be a very difficult and overwhelming topic. The goal of this workshop is to make it a little… Read more »
Getting financially ready to retire in Canada is one thing, but there’s a lot more to it that that. Come… Read more »
we have all heard that it’s important to have a will, but why? Come to this workshop and find out!
Having a proper well could save you and your family from financial disaster. Join this workshop to discover the importance… Read more »