Tagged: Bank

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Setting Up Finances in Canada in 5 Easy Steps

Setting up finances in Canada is essential to starting a good life. Here are 5 easy steps to get started. 1. Get SIN Most immigrant’s to-do list starts with applying for a Social Insurance Number (SIN). I was no different. I applied for mine in-person at a Service Canada Centre on the first working hour after I landed in Canada.  What is a SIN? The Social Insurance Number (SIN) is a unique 9-digit number issued to a Canadian citizen, a permanent resident, or a temporary resident.  The first digit of the SIN has a meaning.  Numbers 1 to 7 indicate...