News Releases
BMO
Offers Newcomers to Canada Tips on how to Start Saving for Their
Future This RSP Season
Multilingual BMO experts available to provide financial advice for New
Canadians
WHAT:
According to Statistics Canada, nearly one-in-five people living in Canada are foreign-born and that number is growing; Canada's foreign-born population grew four times faster than the Canadian-born population during the first half of this decade.
A key priority for many of Canada's newcomers is to create a secure future for themselves and their family. But navigating through an entirely new network of systems and relationships to manage financial matters can be daunting.
WHO:
BMO Financial Group has a number of multilingual experts who can provide RSP investing advice specific to New Canadians. Topics that can be addressed include:
- How to get started on the RSP / RESP track – basic dos and don'ts
- Hurdles new immigrants face when developing a personal savings program
- How to develop a financial plan that is right for you
- Planning for your family's future – what are the options?
- How to plan for a rainy day by effectively using the financial resources available to you
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