Studying Financial Services for Newcomers to Canada – 2018

Studying Financial Services for Newcomers to Canada – 2018

Having a healthy economy is key to the prosperity of any country. Immigration has historically been one of Canada’s important pathways to economic growth, and now, more than ever, it is a vital part of our continued development as a country.  For the financial services sector in general, and banking in particular, newcomers to Canada represent a strategic group with whom leading financial brands can gain market share.

Immigration last year accounted for two-thirds of Canada’s population growth of 1.2%. A large proportion of these newcomers were aged under 44, from mass affluent backgrounds, and predominantly from Asia, helping to boost […] Read more