Financial Literacy Month in 2024: Top Resources for Newcomers to Canada

From getting your first bank account to navigating high rental costs to working towards retirement, newcomers have a lot to learn when it comes to managing finances in Canada. But with the right information and a plan, you can thrive financially.

Navigating your finances as a student is challenging no matter where you live – and the costs of studying abroad in Canada are often higher than the costs of studying in your home country. Here’s how to learn the art and science of budgeting as an international student in Canada.

Finding the right auto insurance policy can be challenging, especially for newcomers who may not be as familiar with Canada’s provincial licensing and insurance requirements.

Your home is more than four walls and a roof. It’s where your family feels safe and comfortable, and where your most treasured belongings are kept. But unexpected events, like fires or break-ins, can threaten this sense of security. Purchasing home insurance is an affordable way to provide financial protection in case of a loss.

There’s a common misconception that could open the door to heartache in your rental home – because the reality is that your landlord’s insurance doesn’t cover the items you own. So, if you want to protect your belongings and valuables in your new home, you will need renter’s insurance.