11 ways to cut heating costs in Canada
Yes, winter is coming, and we’re excited about that! Even though some Canadians make a national sport about complaining about the
Finances
Opening Your First Bank Account in Toronto
When you’re relocating to Toronto, one of the first orders of business is setting up a bank account. Having a bank account will give you the resources to write cheques, use ATMs (also called ABMs), receive funds (including your paycheck) through direct deposits into your account, and use a debit card to make purchases directly from your account.
Scholarships and Financial Aid in Quebec
If you are relocating to Montreal and looking to attend University in Quebec, or if you are looking for your children, you’ll notice that the cost can be substantial. When you include living and textbook costs, you may not be in a position to pay for it.
Retirement Funds and Pensions in Quebec
Although planning for retirement can seem insignificant, especially to young adults, you can never start planning for the future too soon. It is especially important to protect yourself and your family when you retire, or in case of death or disability.
Identity Theft in Canada
“One can never be too careful.” These days, it seems that’s all we hear when it comes to identity theft. Identity theft in Canada is no different. In fact, each month about 1,800 cases of identity theft are reported in the country.
Online Banking in Canada
Online banking in Canada is the fastest and easiest way take care of pretty much all banking matters, and is accessible to you 24 hours a day, seven days a week. So if your closest branch closes, you can still do business.
Closing Your Bank Account in Quebec
If it has come time for you to leave Quebec to return to your country of origin or move on to another city, make sure that when you go about closing your bank account in Quebec, it is done properly. Avoid any confusion, unnecessary fees, or any unpaid balances.
Tips and Taxes in Quebec
The prices you will see on the tag or on the menu do not include sales taxes, so remember to think about that when you calculate your expenses. Currently in Quebec, the sales taxes combine the federal Goods and Services Tax (GST) and the provincial Quebec Sales Tax (QST). Total, it is 15 per cent.
Opening a Bank Account in Quebec
When you open a bank account in Quebec, you will be given a debit card, which can be used to access your account from your bank’s ATM, and also with the interac system. With your debit card you cannot spend more than what you have in your account.