Financial Tips and Secrets Smart Canadians Know (for immigrants to Canada)

February 1, 2022
12:00 – 1:00 pm

Register here to be sent an invitation to the online meeting closer to the date.

NOTE: This presentation is designed for new Canadian immigrants who have been in Canada less than two years.

CPA Canada is a respected and influential voice relaying matters raised by our members to the Canada Revenue Agency (CRA) and working collaboratively to identify solutions. CPA has put together resources to help manage your finances and provide you with tools to help.

In this session you will learn about the basics of banking, credit and taxes.

Learning objectives for participants

  • learn why a bank account is needed and how to choose the right bank and banking services
  • understand the advantages and dangers of using debit cards, credit cards and ATMs
  • learn how to use effective money management skills to build credit history
  • understand the terms used on a pay statement and the purpose of payroll deductions
  • understand when, why and how to file an annual income tax return
  • know where to go for support and guidance


  • overview
  • bank accounts and banking services
  • ATMs, debit cards and credit cards
    • ATM — 24-hour banking
    • how a debit card works
    • credit cards — temporary loan
    • transaction fees can add up
  • establishing a credit history
  • understanding your pay cheque and your payroll deductions
  • filing your income tax return
    • when and how to file
    • getting the help needed
  • resources
  • Q&A