In their early years in Canada, newcomers have to make many complex decisions about their financial well-being while still learning to navigate Canada’s financial, legal, and tax systems.

Financial literacy supports are a key element aimed at building the financial well-being of newcomers to Canada. These supports can help individuals and families learn where to turn for help and equip them to develop and implement plans to achieve key life goals, including homeownership, going to school, starting a business, and planning for retirement.

It is critical for every newcomer to Canada to learn how to handle their finances and how to begin generating wealth in the new country.

We have designed two financial literacy sessions for Newcomers to help you enhance your knowledge of money management in Canada

Session 1 – Credit History & Planning for Tomorrow

Date: July 26, 2022

Objective

• Importance of building credit
• Maintaining good credit, Rebuilding credit
• Types of loans
• Saving: Saving for Emergencies
• Saving for Kid’s Education
• Saving for First time Buying

Session 2 – First Home-Buying

Date: July 28, 2022

Objective

• Learn how to make your move from renting to owning?
• Intro to a Mortgage Specialist and a realtor
• How to access mortgages and down payments
• How to understand the housing market, and interest rates.

Target Audience

• International students and internationally trained professionals to Canada.
• New Immigrants to increase their understanding of building and maintaining good credit