RRSP stands for Registered Retirement Savings Plan. RRSPs are tax sheltered investments to encourage people to save for retirement.
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Alberta, like all provinces in Canada, offers government medicare to people living in the province under a program called the Alberta Health Care Insurance Plan (AHCIP). Despite AHCIP’s excellent reputation and standard of care, there are a few things that it does not cover.
If you are a new arrival to Canada, you will unfortunately not have a credit rating. This can make it hard to get a credit card.
If you rent or own a home in Alberta it is a good idea to think about getting home or contents insurance. If you own your home you should almost certainly have home insurance.