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Online Guide for Newcomers to Prince Edward Island - Canada

Money and Finances

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It is important to handle your finances well. In order to do this you will need to:

  • open a bank account as soon as possible
  • pay your bills on time and keep records of your bill payments
  • file your Canadian income tax every year
  • create and stick to your monthly budget (income and expenses)

To help you understand and manage your money in Canada, this section of the Guide gives you information on: