The pathway
Stop 2 of 8
Money and banking
Open an account, build a credit history from zero, and make sense of tax and tipping.
3 lessons · about 13 minutes
Lessons
- Start lesson
Lesson 1 · 4 min
Opening a bank account
What you need, what newcomer packages include, and how your money is protected.
- You can open an account without a job or credit history.
- Newcomer packages often waive fees for the first year.
- Check what fees apply after the free period ends.
- Start lesson
Lesson 2 · 5 min
Building credit from zero
How credit scores work in Canada and simple habits that build a good one.
- You usually start with no Canadian credit history.
- A secured card is a good first step if you are not approved for a regular card.
- Pay the full balance on time, every month.
- Start lesson
Lesson 3 · 4 min
Prices, sales tax and tipping
Why the price at the till is higher than the shelf, and how much to tip.
- Shelf prices usually do not include tax.
- Ontario's HST is 13%.
- Tip 15% to 20% at sit-down restaurants.
Lessons open in the free Cayro app, so your progress is saved.