We hope the information provided has been helpful and will continue to help as you settle into your new home country. Many of the tasks, challenges, and responsibilities that await you will involve money and managing your finances – which could include transferring your money, assets, and investments, along with expenses such as housing, transportation, clothes, insurance, education, and so on. You must understand Canada’s financial system and how things work – including the various institutions you’ll have to work with over time.

If you have savings and investments, you must seek out and work with one of Canada’s financial institutions. If you need to borrow money for a car, education expenses, or some other purpose, you must work with one of Canada’s financial institutions. The same is true if you want to get a credit card, set up a line of credit, or buy insurance; the list goes on.

It will also be important to be aware of Canada’s tax system and your personal tax obligations – along with any tax credits that may be available to you to help reduce the tax you must pay.

Yes, money matters will significantly affect your plans and activities as you build your new life in Canada. We hope that the information provided here will be helpful – and will help you build a happy, healthy, and prosperous future.