Building wealth in Canada

Learn ways and options to effectively manage money.

Time frame: 60 min

Audience: new Canadian immigrants who have been in Canada more than two years

Learning objectives for participants:

  • learn to create a realistic budget
  • understand cash flow and how to control it
  • learn how to effectively manage money
  • learn how to define a financial plan
  • understand the difference between “good debt” and “bad debt”
  • understand the difference between “wants” and “needs”
  • understand the key features of RRSPs, RESPs and TFSAs, and how they can help put a financial plan into action
  • know where to go for support

Outline:

  • overview
  • creating a budget you can stick to
  • understanding cash flow
  • the secret to being a good money manager
  • defining your own financial plan
  • sorting out your wants and needs
  • three savings vehicles worth considering
  • putting your financial plan in action
  • some helpful resources

Learning Materials:

  • Sample Budget Worksheet
  • SMART Goals Worksheet — helps set SMART goals which are specific, measurable, actionable, realistic, time-framed
  • Glossary of Terms — defines various financial terms and items

Questions?

For questions, please email us.

Request a session

Want a session in your area? We will provide a CPA volunteer to lead the session with a prepared presentation, activities, handouts and worksheets. Note: If more than one session is needed, please fill out a second form and submit.

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Highlights

Canada is celebrating its 150th anniversary. We’re celebrating you, Canadian CPAs. Tell us why you’re proud to be a Canadian CPA. Then watch for our big celebration in July.

Gain practical organizational insights and learn from industry experts at this annual event for not-for-profit financial leaders.