Newcomers and immigrants
Your first year in Canada, explained in plain words.
Moving here means learning a new system. Start with the basics, and ask as many questions as you need.
What OHIP covers, and where it stops
Ontario's health coverage pays for many medical services. It does not replace your income, and it does not pay your rent if you cannot work.
A waiting period can apply to new residents. Check your own eligibility with the Ontario government before you rely on it.
Protecting your family, here and back home
Life insurance can help your family cover costs if you pass away. Term life is often the simplest place to start. The insurer makes the final decision on any application.
Disability insurance can replace part of your income if an illness or injury stops you working. Check whether your employer offers a group plan first.
Your first steps with money
The New to Canada Financial Checklist covers your SIN, banking, credit, CRA My Account, an emergency fund, a TFSA, insurance, an RESP and filing taxes.
Check your advisor
Anyone who offers you financial advice in Ontario should be licensed. You can check an advisor's licence status with FSRA, and you are free to ask to see it.
David is a licensed life and accident and sickness insurance agent (FSRA Agent's Licence No. 26252671). Sponsor: iVari. MGA: Gateway Financial.
