Category: Canada

34%. Only 30.2% of Canadian families are debt-free. According to Canadian household debt statistics, 34% of homeowners have mortgage-free properties. What percentage of Canadian homeowners have no mortgage? And these households are more exposed to higher interest rates and the potential for housing prices to decline. Two-thirds of Canadians are homeowners. Just under half own […]

Express Entry is an online point-based system that is created to manage federal immigration applications. Nurses can apply either through the Federal Skilled Worker Program (FSWP) or Canadian Experience Class (CEC). Can nurses get PR in Canada? Nurses are in high demand in Canada and are listed on the Canadian NOC Code 3012. Skilled Nurses […]

However, if a parent doesn’t fulfill any of their legal obligations towards their child and doesn’t even bother to meet or contact them for at least 4 months or more, this may cause them to lose their parental rights. Want to know more? What is considered abandonment of a child in Canada? Criminal Code of […]

MS or Master of Science is one of the toughest fields of study to pursue in Canada. However, the good thing is that any student with the required scores can enrol in MS courses here. Is masters degree in Canada difficult? The graduation rate in Canada surpasses 75%, and the unemployment rate in Canada is […]

Nurses can apply either through the Federal Skilled Worker Program (FSWP) or Canadian Experience Class (CEC). FSWP. FSWP requires at least 1-year work experience within the past 10 years. The more years of experience will get more points. CEC. CEC refers to Canadian Experience of the candidate. Do nurses get PR easily in Canada? Nurses […]

The Bank of Canada will hold unclaimed balances of less than $1,000 for 30 years. It will hold unclaimed balances of $1,000 or more for 100 years. Find out at no cost if the Bank of Canada is holding an unclaimed balance to which you may be entitled. Do banks close inactive accounts Canada? The […]

51 different countries. Canada currently has 15 FTAs with 51 different countries. Together, these agreements cover 1.5 billion consumers worldwide. Providing you with access to new consumers: FTAs make it easier for you to sell to consumers in other countries, including foreign governments. How many countries have free trade agreements? The United States has free […]

Canadian Universities generally do not accept backlogs as the country’s admission process is purely academic-centric. The country has many reputed institutions that grab international students’ attention, such as Dalhousie University and Lakehead University. How many backlogs does Canada accept? The Canadian universities accept a maximum of 5 backlogs in your under-graduation but only if you […]

At present, there are three functioning stock exchanges operating on the territory of Canada, located in the southern parts of the country. These are the Toronto Stock Exchange, TSX Venture Exchange, and the Canadian National Stock Exchange. How many exchanges does Canada have? Which of the four Canadian stock exchanges is your favourite? Surprise! There […]

There are laws in Canada (under the Bank Act) that give these companies the rights to freeze an account: Banks: Your bank can freeze your account due to suspicious activity. If your bank suspects fraud, a quick call or visit can resolve the matter. Can a bank just close your account? Yes. Generally, banks may […]