How Canadian Newcomers Can Obtain a Mortgage

Immigration is pivotal to Canadian housing and since March there have been heavy declines in the market. Permanent residents and newly landed immigrants are all impacted by COVID-19, and the effects are now spilling over to the economic health of the housing market.

By Remitbee - Oct 22, 2020

Welcoming New Immigrants to Canada in 2020

The Canadian government reported that the country welcomed 11,315 new permanent residents in August 2020, which was lower than July where 13,645 immigrants were welcomed.

By Remitbee - Oct 21, 2020

Canadian dollar (CAD) to British Pound (GBP) to European EURO (EUR) Daily Overview: October 22nd

1 CAD is trading against GBP at 0.58 today, a long-term increase of sterling is expected as next month’s Brexit deal is still a possibility. At the highest currency rate in over six weeks, Bloomberg reported that “trade talks between the UK and European Union are on the verge of resuming” as negotiators are hoping to settle on a deal by mid-November.

By Remitbee - Oct 22, 2020

How to Get a Credit Card in Canada

Unless it is designed to be an international credit card, your credit card from your country of origin might come with hefty fees if you use it in Canada. That’s why you need to get a Canadian credit card or an international one that works in Canada without international fees.

By Remitbee - Oct 21, 2020

Sinhala and Tamil Languages Now Supported on Remitbee's Website

By adding different languages to our site, we hope to be able to reach and help a larger group of people in the world. We will be continuously adding new language options to make sending money abroad much easier for everyone.

By Remitbee - Oct 21, 2020

CAD to USD to INR Daily Overview: Oct 21st

1 CAD is still trading against USD at a rate of 0.76 as the week progresses, which has increased by 10% since March when the exchange rate was 0.69. The US dollar is losing ground against a broad basket of currencies during this presidential election.

By Remitbee - Oct 21, 2020

Assessing International Oil Markets

It’s been a tough few weeks for oil investors as stocks continue to see a hit globally. The Canadian oil market has seen continuous fluctuations as attention is being shifted towards the green economy in Q4.

By Remitbee - Oct 21, 2020

Canadian Dollar (CAD) to Philippines Peso (PHP) Daily Overview: October 20th

1 CAD is trading against the Philippine Peso at 36.83 this week and the rate is forecasted to decrease slightly going into next. The exchange rate is expected to drop from 36.83 to 34.98 with a YTD return of -5.12% despite the fact that PHP has been stagnating over the last year.

By Remitbee - Oct 20, 2020

Rules for Employment Under Canadian Student Visas

Many young people come to Canada for post-secondary education on a student visa. Naturally, it is common for students to want to work so that they have a little spending money. In this post, we will cover the rules and restrictions for employment under a Canadian student visa. We will take a close look at rules for working both on and off-campus and what students should do if they want to find employment in Canada after they graduate.

By Remitbee - Oct 30, 2020

Canada Extends U.S Border Restrictions Until November 2020

With COVID numbers on the rise, Canada and the US will continue to maintain border restrictions until the end of November with hopes that the curve is flattened again.

By Remitbee - Oct 20, 2020

Canadian Dollar - Indian Rupee - US Dollar, Daily Overview: October 19th

The Canadian dollar’s exchange rate is 55.65 against INR with a long-term increase expected as the month ends. CAD sits at 0.76 against USD, starting this week off with a hopeful and stable forecast for the Canadian dollar.

By Remitbee - Oct 19, 2020

What to Expect from the Canadian Job Market

There is now expected to be 720,000 employment positions left to recover, an estimated 76% of the 3 million jobs lost across Canada has been recovered since the beginning of the pandemic in March. This is comparatively better than the 56% recovery rate in the United States.

By Remitbee - Oct 16, 2020

What is Navaratri Festival?

Across the world, Navratri is celebrated differently. It is a time of religious contemplation and fasting for many people; it is a moment of dancing and feasting for others.

By Remitbee - Oct 16, 2020

How to Create a Canadian Bank Account

Whether you are new to Canada or you’ve been here for a while, it’s important to have a Canadian bank account to easily manage your finances while you are living in the country. You can do this even if you don’t have a job, don’t have funds to deposit in the account yet, or have declared bankruptcy in the past.

By Remitbee - Oct 16, 2020

CAD-EURO-GBP-USD Daily Overview: Oct 16th

The Canadian dollar continues to stabilize by the end of the week trading against the Euro at 0.65. According to Wall Street bank, J.P Morgan CAD has expected struggle going into October due to the current account deficit in Canada’s terms of trade.

By Remitbee - Oct 16, 2020