British Expats

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-   -   Finances: Master WikiThread (https://britishexpats.com/forum/canada-56/finances-master-wikithread-949118/)

IBkatherine Aug 30th 2023 10:13 am

Finances: Master WikiThread
 
See above for information and editing

Hemlock Sep 29th 2023 11:03 am

Re: Finances: Master WikiThread
 
You left out Credit Unions
https://ccua.com/

Also an important point, banks are insured by CDIC, up to a max of $100,000 per account
https://www.cdic.ca/your-coverage/ho...surance-works/

Credit Unions are insured differently, in BC by CUDIC to the full balance of the account
https://www.bcfsa.ca/public-resource...ce/about-cudic
Other provinces have different coverage, ON for example is up to $250,000
https://www.fsrao.ca/consumers/credi...osit-insurance

williamceri Nov 5th 2025 3:37 am

Re: Finances: Master WikiThread
 
I have an ISA from before I came to Canada. If I redeem it will I have to pay Canadian tax ?. I will probably keep the proceeds in my UK bank account.


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