Introduction Canadian banks are reliable and convenient, but they are not always free. A little research can help you find the best bank for you in Canada. It is becoming common to offer free banking for the first year. Before deciding on your preferred bank, consider the closest branch to where you live and work, …
Introduction Many different factors draw international students to Canada. The best universities provide a wide range of possibilities and experiences. However, this possibility comes with a cost. Additionally, students must deposit CAD 10,000 in banks like CIBC or SBI Canada as a GIC (Guaranteed Investment Certificate). Taking out a student loan in Canada is one …
Introduction As you know, higher education comes at a cost in Canada. In such a situation, loans come to the students’ rescue. But, the real problem lies in the repayment of student loans. On average, students in Canada have student loan debt of around $15,000. Because there is massive pressure on the students to pay …
Is it possible to include student loans in debt consolidation in Canada? Read More »
Introduction College/University students mostly take student loans as higher education comes at a price in Canada. As per estimates, the average student loan of Canadian University Graduates is $20,000. Moreover, student loan repayment in Canada happens at a slow rate, thus adding to the interest payments for the students. Paying taxes on student loans can be a …
Can you include interest on student loans in debt tax deductions in Canada? Read More »
