PRE-ARRIVAL

Paula feels optimistic. 
She wants to bring funds to Canada securely.

Situation:

• Paula signs up for an IRCC-funded pre-arrival program and prepares for job hunting.

• She also opens a Canadian banking account remotely to move her savings to Canada.

Barriers:

• Paula is ineligible for any Canadian credit products.

• She must rely on Brazilian credit cards to make transactions online.

Opportunities for financial institutions:

• Create banking products tailored to newcomers.

• Provide financial literacy training to newcomers unfamiliar with Canadian financial markets.