Tools & Resources

You are on: Car & Home

Buying a Car or Home

When it comes to big purchases like these, you have a lot to consider. Should you rent your home or buy? How should you finance your car? Here are some tools and Banking Tutorials to help you decide what type of purchases to make and how to pay for them.

 

Glossary - Financing

Arrangements, usually in the form of some type of loan or credit, to secure funds so that a person can make a purchase.

 

Banking Tutorials:

• Buying your First Car
• Buying your First Home

• Car Loan Calculator
• Budget Calculator
• Mortgage Calculators
• Rent or Buy Calculator

You are on: Citizenship and Government Programs

Citizenship and Government Programs

Canada has a strong history of welcoming newcomers from around the world and helping them settle into their new life here. The government of Canada has developed programs that offer financial assistance, loans and help with immigrating to Canada.

Citizenship and Immigration Canada

You are on: Education & Employment

Education and Employment

Education and jobs are important for Canadians. They likely are for you too. We have many great school and employment opportunities as well as government programs to help you and your children get things started off right.

Our Banking Tutorials and links will help you learn about these opportunities and plan ahead.

• Saving for your children’s education
• Education Canada
• Student Budget Calculator
• Canadian Information Centre for International Credentials
• Job Bank

You are on: Taxes and Finances

Taxes and Finances

Part of moving to a new country involves getting your finances in order, like starting a budget. Along with other expenses, your budget should include taxes, which Canadians pay to the federal and provincial governments. These include income tax, Sales Tax such as Goods and Services Tax (GST), Provincial Sales Tax (PST) and Harmonized Sales Tax (HST).

 

Glossary - GST/HST

Harmonized Sales Tax (HST) — A tax on goods and services, applicable on sale, that reflects both the federal Goods and Services Tax (GST) and provincial sales tax. HST exists in the provinces of New Brunswick, Nova Scotia and Newfoundland and Labrador.

 

 

Glossary - GST/HST

Goods and Services Tax (GST) — A federal tax (currently 5%) applicable on the sale of most goods and services in Canada. It is collected by the vendor on behalf of the government.

 

• www.cra.gc.ca
• Build your Credit History
• Opening your first bank account
• Understanding Banking in Canada
• Starting a Business
• Managing Risk