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Welcome to Canada

Managing Finances in Canada

 

Part of moving to a new country involves getting your finances in order. At the same time, you can put plans in place that will help you make the most of your income by making your savings grow. It’s also a time to start thinking about the best investments for your short-term and long-term needs.

This section helps put you on the path to sound financial health.

Understanding your budget — Good financial planning starts with a realistic budget. Find out why a budget is necessary, how to create one and how to make your money work for you.
Payroll deductions and income tax — Paying income tax is a part of every working Canadian’s life — and so are payroll deductions. Here’s an outline of how payroll deductions for income tax work, as well as an explanation of the other types of deductions from your pay that you’re likely to see.
Managing debt wisely — Some types of debt are better to have than others. When you know the difference, you can make better choices about your finances.
Sending and receiving money — You may be sending money to family in your home country or receiving money from them. Here’s a secure, convenient way to transfer funds.
Tips for buying a car — Buying a new or used vehicle can be a complicated task, especially when you consider the many financing options that are available. Here’s how to be smart about your car purchase.

The content of this website is provided for the general guidance and benefit of our clients. This website is for informational purposes only and is not intended to provide specific advice. See full disclaimer.

Sujets connexes
Understanding Your Budget
Payroll Deductions and Income Tax
Managing Debt Wisely
Sending and Receiving Money
Tips for Buying a Car


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