Money & Banking

There is a lot of information available in the Banks for newcomers on how to get started in their new country. Managing your money and understanding tax and savings regulations can make a big difference to you and your family allowing you to save money for big purchases, like buying a house or a car.  You should also make sure that you are claiming all the allowances you are entitled to as part of your income taxes.

For more information on:

  • Banking
  • Types of bank accounts
  • Cash, cheques, and credit cards
  • Sending money
  • Loans and mortgages
  • Taxes
  • Financial help for seniors
  • Investing money

see Chapter 3: Money and Banking of the WelcomeBC Newcomers’ Guide which can be downloaded as a PDF or an eBook.

For videos on Your Bank Card, Banking Basics and Canadian Money, see: WelcomeBC Money and Banking videos.

See Chapter 12: Money and Finances in the Welcome to Canada guidebook which can be downloaded as a PDF or an eBook, or you can order a print copy.