Welcome to Canada!

Among the top items on the to-do list of a newcomer to Canada is choosing and buying medical insurance for the first 90 days after arrival, since the provincial medical insurance plan (OHIP in Ontario, provided free of charge) does not cover this period and all medical expenses are the newcomer's own responsibility.

Having medical insurance offers many benefits and can:

• protect against unforseen expenses in case a visit to a doctor or hospitalization is required;
• allow your children participate in various sports/recreational activities, such as camping trips, for which having medical insurance is mandatory;
• cover medical expenses in case of an accident at the work place.

For more information regarding this type of medical insurance please refer to "All about Insurance" (Medical Insurance).

Besides, I offer you a free private consultation regarding financial situation in Canada.

During this consultation we will discuss the following aspects of life:

• Tax rates and taxes when you work permenantly, on contract, or you own a business;
• The most effective and legal way to reduce taxes in Canada;
• Two Canada's public pensions. Your individual retirement plan (RRSP);
• Employment Insurance and how Government takes care of sick people;
• Various programs of saving money for your children's education (RESP). Which RESP programs have less strict terms as for study duration;
• Details of purchasing property;
• Differences between perminant and contract position. Benefits at your job, how do they work;
• Basics of financial planing in Canada.

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