So you just got your first job and your first paycheck has finally arrived. Congratulations! But you’re probably wondering what all the deductions and acronyms on your paycheck stub mean. What do they stand for? Where’s the money going? Read More
Achēv is proud to present this insightful blog post in collaboration with National Bank. Together, we are dedicated to empowering newcomers in Canada, ensuring they have the support needed to reach their full potential.
Whether you’re a newcomer to Canada or a student trying to build their credit, it’s important to understand the differences between debit cards and credit cards, two essential products in the Canadian banking system. Here’s an overview with the help of an expert. Read More
Achēv is proud to present this insightful blog post in collaboration with National Bank. Together, we are dedicated to empowering newcomers in Canada, ensuring they have the support needed to reach their full potential.
Embarking on a new life in Canada as an immigrant or newcomer is a significant milestone, and navigating the financial landscape is an essential aspect of this journey. Managing finances effectively is crucial for a smooth transition and long-term success in your new home. In this blog post, we’ll explore practical tips and strategies tailored to newcomers in Canada on how to manage finances wisely and build a strong financial foundation.
Familiarize yourself with the Canadian financial system, including banking practices, currency, and common financial terms. Research various financial institutions, compare services and choose a bank that aligns with your needs. Understanding the basics will help you make informed decisions and confidently navigate the Canadian financial landscape.
Opening a Canadian bank account is a crucial first step in managing your finances. Choose a bank that offers newcomer packages and low or no-fee accounts. Having a local bank account facilitates day-to-day transactions, enables you to receive your salary, and makes it easier to access essential services like mobile banking and electronic fund transfers.
Develop a comprehensive budget to track your income and expenses. List your monthly income sources, including salary, benefits, or any other financial support. Then, outline your regular expenses such as rent, utilities, groceries, and transportation. Creating a budget will help you understand your spending habits, identify areas for potential savings, and ensure that you live within your means.
Canada offers various government assistance programs to support newcomers. Research and understand programs like the Canada Child Benefit, GST/HST Credit, and provincial healthcare coverage. These programs can provide financial assistance based on your circumstances, helping you manage your finances more effectively.
Establishing a good credit history is essential in Canada. Apply for a credit card with a low limit and use it responsibly. Pay your bills on time, keep your credit card balances low, and monitor your credit report regularly. A positive credit history is crucial for future financial endeavors, such as renting a home or obtaining a mortgage.
Housing is a significant expense, and newcomers should explore various housing options to find what suits their budget and preferences. Consider renting initially to gain a better understanding of the local housing market. Be aware of additional costs like utilities, insurance, and property taxes when budgeting for accommodation.
Establish an emergency fund to cover unexpected expenses, such as medical bills or car repairs. Aim to save a portion of your income regularly and gradually build a financial safety net. Additionally, set financial goals for the short and long term, whether it’s buying a home, pursuing further education, or starting a business. Saving consistently will empower you to achieve these goals over time.
Take advantage of financial education resources available in Canada. Attend workshops, webinars, or seminars offered by Achēv, local community organizations or financial institutions. Understanding the Canadian financial landscape, including taxes, investment options, and retirement planning, will empower you to make informed decisions and secure your financial future.
Managing finances as a newcomer to Canada is a crucial aspect of building a successful life in your new home. By understanding the financial system, establishing a Canadian bank account, creating a budget, exploring government assistance programs, building credit responsibly, exploring housing options, saving for emergencies and goals, and seeking financial education, newcomers can lay a solid foundation for their financial well-being.
Are you a newcomer to Canada? Bienvenue! As you embark on your journey in this beautiful country, one thing you might want to consider is learning French. While English is widely spoken, embracing French can open up a world of opportunities and enrich your experience as you settle into your new home. Here are eight reasons why learning French is invaluable as a newcomer to Canada.
Canada is officially bilingual, with both English and French recognized as official languages. By learning French, you gain a significant advantage in various aspects of life, including employment opportunities, social interactions, and accessing government services. Many job postings across Canada require proficiency in both English and French, making bilingualism a valuable asset in the job market.
Learning French facilitates integration into Canadian society, particularly in provinces like Quebec and parts of Ontario and New Brunswick where French is widely spoken. By understanding and speaking the language, you can actively engage with the local community, build meaningful connections, and feel more at home in your new surroundings.
Canada boasts world-class educational institutions offering programs in both English and French. By mastering French, you can access a broader range of academic opportunities, including French-language universities, colleges, and specialized programs. Whether you’re pursuing higher education or enhancing your professional skills, proficiency in French can open doors to a wealth of educational opportunities.
Canada is a vast and diverse country with French-speaking communities scattered throughout its provinces. Learning French enables you to travel with ease and explore francophone regions, such as Quebec, where French is the primary language. Whether you’re navigating bustling cities or remote villages, speaking French allows you to connect with locals, discover hidden gems, and immerse yourself in the vibrant culture of francophone Canada.
In today’s globalized economy, bilingualism is an invaluable asset in many industries. By learning French, you expand your career prospects and increase your competitiveness in the job market. Whether you’re pursuing opportunities in government, healthcare, education, or business, proficiency in French can set you apart from other candidates and open doors to new career pathways.
Lastly, learning French is a journey of personal growth and self-discovery. It challenges you to step out of your comfort zone, embrace new experiences, and broaden your perspective. As you navigate the complexities of language acquisition, you develop resilience, adaptability, and a deeper appreciation for diversity. Learning French not only enriches your life in Canada but also equips you with valuable skills that transcend borders.
In conclusion, learning French as a newcomer to Canada offers a multitude of benefits, from enhanced integration and cultural enrichment to expanded career opportunities and personal growth.
Organizations like Achēv offer comprehensive language services to support newcomers in their language learning journey. From language assessments to language training programs, these services are designed to help you develop your French skills effectively and efficiently. By taking advantage of such services, you can accelerate your language learning and gain confidence in communicating in French.
Canada is a country known for its warmth—both in its people and its winter festivities. As a newcomer, you can transform your first holiday season in Canada into a magical experience by embracing the warmth of its diverse communities. From attending multicultural festivities to trying your hand at winter sports, there’s a wealth of adventures waiting for you.
As a newcomer, you can enrich your Canadian experience by fully embracing the cultural diversity that defines this country. Take the time to explore and appreciate the various holiday celebrations that unfold around you. Attend community events and multicultural festivals to witness the beauty of traditions from different corners of the world. Engaging with these festivities not only broadens your cultural horizons but also allows you to connect with locals who are eager to share their heritage.
Canada’s winter wonderland offers a unique playground for newcomers. Embrace the snowy landscapes and dive into winter sports and activities. Don’t shy away from trying ice skating, skiing, or building your first snowman. Canadians are friendly and welcoming, and you’ll likely find locals more than willing to share their love for winter pursuits. Use this season as an opportunity to bond with fellow newcomers and Canadians alike over shared winter adventures.
Your first holiday season in Canada wouldn’t be complete without exploring the festive markets and events that light up cities across the country. Venture into these lively spaces to experience the sights, sounds, and tastes of the season. Engage with vendors, learn about local crafts, and indulge in seasonal treats. As a newcomer, these markets are not only a gateway to Canadian holiday traditions but also a chance to make new friends who share your excitement for the festivities.
To truly feel at home during the holidays, immerse yourself in Canadian holiday customs. Whether it’s joining in the lighting of the Christmas tree or participating in workplace celebrations, understanding and embracing these traditions will help you integrate seamlessly into the community. Take note of specific customs in your workplace and community, and don’t hesitate to ask questions. Your genuine interest in Canadian traditions will likely be met with warmth and a willingness to share.
If your holiday plans involve travel within Canada, you, as a newcomer, can navigate winter travel with confidence by planning ahead. Familiarize yourself with local transportation options, check weather forecasts, and ensure you have the proper winter gear. Connect with locals for travel advice and insights into the best routes, making your journey smoother and more enjoyable.
Your unique cultural background is a valuable addition to the Canadian mosaic. As a newcomer, you can enrich the holiday season by infusing your own traditions into the festivities. Host a gathering showcasing dishes from your home country, share stories about your own customs, and invite others to join in your celebrations. By creating a blend of traditions, you contribute to the rich cultural fabric that makes Canada a welcoming and inclusive home for newcomers.
In summary, your first holiday season in Canada is a canvas waiting to be painted with the colours of multicultural celebrations, winter wonders, and shared traditions. Embrace the opportunities around you, create connections, and make this festive season a memorable chapter in your Canadian journey. Happy holidays!
Learning a new language can be an exciting yet challenging journey. Whether you’re a newcomer to Canada or simply looking to improve your English or French skills, having the right study tools can make all the difference. To help you on your language learning journey, here are eight of the best study tools you can use to supplement your learning, including language learning and training services from Achēv.
Language learning apps like Duolingo, Babbel, and Memrise are popular for a reason. These apps provide interactive lessons, practice exercises, and daily challenges that make learning fun and engaging. You can learn at your own pace, track your progress, and even compete with friends. Most of these apps offer courses in both English and French, making them perfect for bilingual learners.
For a more structured approach, online language courses are a great option. Platforms like Coursera, Udemy, and edX offer courses taught by experienced instructors. These courses often include video lessons, quizzes, and assignments that help reinforce your learning. You can choose from beginner to advanced levels and focus on specific skills like speaking, listening, or writing.
Language exchange platforms like Tandem, HelloTalk, and Speaky connect you with native speakers who want to learn your language. You can practice speaking and writing with a language partner in real-time, helping each other improve. This is an excellent way to practice conversational skills and learn colloquial expressions.
Flashcard apps like Anki and Quizlet are powerful tools for vocabulary building. These apps use spaced repetition to help you memorize words and phrases effectively. You can create your own flashcards or use pre-made decks, and the app will remind you to review cards at optimal intervals to boost retention.
Listening is a key skill in language learning, and podcasts and audiobooks are excellent resources for improving your listening comprehension. Platforms like Audible, Spotify, and Apple Podcasts offer a wide range of content in English and French. You can listen to language learning podcasts, stories, or even news in your target language.
YouTube is a treasure trove of language learning content. Channels like English Addict with Mr. Duncan, Français Authentique, and Learn English with Emma provide free lessons on grammar, vocabulary, pronunciation, and more. You can find videos tailored to your level, whether you’re a beginner or advanced learner.
Achēv offers comprehensive language services tailored to newcomers and language learners in Canada. Our Language Assessment Services helps you determine your current language proficiency and connects you with government-funded programs like LINC (Language Instruction for Newcomers to Canada) and ESL (English as a Second Language) classes. We also offer specialized courses designed to help you gain the language skills needed for employment in Canada.
Nothing beats practicing with native speakers to improve your fluency. Whether it’s joining a local language meetup group, participating in community events, or engaging in conversation clubs, speaking with native speakers allows you to apply what you’ve learned in real-life situations. Achēv also offers conversation circles where you can practice English or French in a supportive environment.
Learning a new language is a rewarding endeavor, and with the right tools, you can make steady progress toward fluency. From apps and online courses to language exchange platforms and Achēv’s language services, there are plenty of resources available to support your journey. Remember, consistency is key—practice a little every day, and you’ll see improvement over time.
Achēv was proud to partner with Credit Canada for their 2024 Financial Literacy Month campaign. Our CEO Tonie Chaltas was a guest on the “Moolala: Money Made Simple with Bruce Sellery” podcast.
Newcomers already face challenges when settling in a new country. Newcomer women, in particular, encounter not only typical settlement obstacles but also additional financial barriers unique to their experiences as women. In the podcast episode, Tonie speaks with Credit Canada CEO Bruce Sellery about:
We invite you to watch her segment on the podcast below:
We are thrilled to announce Achēv’s win at the 2024 Readers’ Choice Awards in Mississauga and Brampton!
Achēv has been named the Diamond Winner of the 2024 Mississauga News Readers’ Choice Awards in the Best Non-Profit Agency, Best in Adult Education and Best Employment Agency categories.
We have also been named the Diamond Winner of the 2024 Brampton Guardian Readers’ Choice Awards in the Best Employment Agency and Best in Career Training and Development categories.
This marks our win for the fourth year in a row in Mississauga and the second time in Brampton! This amazing accomplishment would not have been possible without our amazing staff, and their hard work, commitment, collaboration, and continued dedication to creating faster paths to prosperity for our clients every day.
Becoming the Diamond Winner, the highest ranked category, in both Mississauga and Brampton is indicative of our dedication to our clients, commitment to making a positive difference in the diverse communities we serve, and an acknowledgment of our achievements throughout the year.
The Readers’ Choice Awards recognizes local organizations for their achievements, and thousands of people from the community are encouraged to nominate and vote for their favourite businesses and/or professionals.
As a newcomer to Canada, you’re dealing with an ever-growing list of things to do, from finding a place to live to navigating grocery stores. One of the items on this list might say “finances” with a cloud of question marks around it. Which bank should you choose for your first account? How many credit cards do you need? What type of account is best for you and your family? Money is often a taboo subject, but to build a solid future in a new country, you need solid answers. In this article, we’re addressing the top three myths about personal finances among newcomers.
Many newcomers tend to think that you should only start saving money and investing after certain aspects of life in a new country have been established. Whatever those aspects are, saving for your future can feel like a far-off dream during those first few years. However, the best time to start investing and saving money is now. A little goes a long way, and your future self – as well as your family – will be grateful for the savings you’ll slowly and steadily accumulate.
If you find yourself thinking “I’m struggling to make my ends meet. Monthly bills and payments eat up all my budget – there is nothing left to save and invest,” give yourself some grace. You’re doing your best, so pat yourself on the back. Secondly – and if you could only take one thing from this article, it’s this: saving is not about money, it’s about forming a habit. Get into the habit of saving 10 dollars every week or 20 every month, whatever works for you. You can use automated banking features to transfer money from a chequing account into a savings account or simply set up reminders on your phone. But once you start putting money away, there is no going back, and very soon you’ll be ready to look at investment options in Canada.
When you search “banks in Canada,” the top five banks jump at you from every page. It is very tempting to pick one of them as the main bank for your household because size is often associated with a feeling of security. And depending on the country you come from, security might be the factor you care most about. But don’t stop there.
You are free to have accounts at as many banks as you want, but it is considered best practice to have a primary bank plus one or two additional accounts with different financial institutions that match your personal needs and wants. For example, you can use your primary bank for day-to-day transactions, such as depositing your pay cheque, paying bills and using credit cards, but it might make sense for you to open a savings account with a bank that offers stronger interest rates and more favourable terms and conditions. Check out Motive Financial to see one of the best returns available for a traditional savings account.
If English is not your first language, you might not feel extremely comfortable talking about finances. It can be challenging to understand how various accounts, offers, and investment products compare to each other even if you are a born-and-raised Canadian. Plus, your saving and investing strategy should be based on your current situation and personal goals, and since there is no one-size-fits-all formula, you should talk to an advisor who can help you create a plan that works for you.
Remember that regardless of the bank you choose, you can take initiative by following these tips:
One last but very important thing: fraud schemes and scams are not a myth. Be very cautious when sharing your personal information online or over the phone. Make sure you know who you’re talking to, and if your gut is telling you that something is off, it probably is. Read more about how to protect yourself and the most recent scams here.
To sum everything up, there is no better time to start investing than now. Remember to do your own research when choosing primary and secondary banks, and don’t forget to ask as many questions as you need to feel comfortable and in control of your financial situation
When it comes to applying for university or college, your grades are important, but they aren’t the only thing that admission committees look at. Extracurricular activities play a significant role in showcasing your skills, interests, and commitment. Engaging in activities outside the classroom can set you apart from other applicants and demonstrate your well-roundedness. Here are the top 8 extracurricular activities that can boost your post-secondary applications.
Holding a leadership position in a club, organization, or sports team shows that you can lead, manage, and take responsibility. Whether you’re a club president, team captain, or a student council representative, leadership roles highlight your initiative, organizational skills, and ability to work with others.
Volunteering is a great way to give back to your community while developing valuable skills. You can work at a local food bank, tutor younger students, or participate in environmental cleanups. This extracurricular activity shows that you care about making a difference. It also helps build your empathy, communication, and teamwork skills.
Joining school clubs and organizations, such as a debate club, robotics team, or drama society, allows you to explore your interests and passions. Being an active club member shows that you are curious, motivated, and eager to learn. These activities also provide opportunities to develop teamwork, leadership, and problem-solving skills.
Participation in sports shows discipline, perseverance, and the ability to work as a team. Whether involved in school teams, community leagues, or individual sports, athletics can enhance your time management skills and demonstrate your commitment to physical fitness and teamwork.
If you’re passionate about music, art, theater, or writing, participating in extracurricular activities that showcase your creative talents can be a solid addition to your application. Get involved in a school band, art club, or local theatre productions. These creative pursuits highlight your originality, dedication, and ability to think outside the box.
Participating in academic competitions, such as math contests, science fairs, or Model United Nations, shows that you have a strong interest in learning and are willing to challenge yourself. Academic clubs, such as chess clubs or coding groups, also demonstrate your intellectual curiosity and dedication to a specific field.
A part-time job or internship demonstrates responsibility, time management, and a strong work ethic. Whether you’re working in retail, a restaurant, or interning at a local business, these experiences show that you can balance work with your studies and have a commitment to gaining real-world experience.
Engaging in community projects or advocacy work, such as organizing a fundraising event or participating in environmental activism, shows you are passionate about causes that matter to you. These activities highlight your leadership, initiative, and ability to positively impact the world around you.
Extracurricular activities are a crucial component of a robust post-secondary application. They provide a glimpse into your character, interests, and potential as a student and community member. By engaging in activities that align with your passions and goals, you can demonstrate to admissions committees that you are a well-rounded individual ready to contribute to campus life.
