Sault College Students’ Union (SCSU) and Sault College School of Business introduce to you in partnership with the Canadian Foundation of economic Education (CFEE) and the National Bank: Managing Your Money on Campus, a series of workshops
5 Financial sessions in total will be available for students to take throughout the 2022-2023 Academic year, list of the sessions and date can be found below.
Students who attend 4 out of 5 sessions will be eligible to enter a draw of $250 prize and will earn the Sault College and SCSU Financial Advocate badge (see right).
LIVING A Financially healthy life
Date: November 9th, 2022 @ 12.00 Pm EST
Finances are an unavoidable and important part of life. Join us to examine the
foundational skills of budgeting, goal setting, saving, and effective spending. With these
concepts under your belt, you’ll be ready for the next stages of your financial journey.
The goal of “Living a Financially Healthy Life” is to help you develop a healthy attitude towards money. Coming out of this workshop you will be able to make more informed decisions about purchases, be able to create a budget that includes savings and can help reduce your financial stress and know how to apply the magic of compound interest to increase your savings. You will learn how to take control of your money by setting goals and creating a budget that emphasizes paying yourself first; how to recognize the difference between a need and a want; and why it’s important to make savings an integral part of your life, not an afterthought.
A newcomer's guide to Canadian finances
Date: January 18th, 2023 @ 12.00 Pm EST
Moving to a new country and starting your life there can be a stressful experience. Thankfully, you don’t have to go through it alone. Join us to look at some of the specifics of life in Canada, like costs, banking and credit, and the income and personal tax systems. Learn from the experience of other newcomers to Canada, and the things they wish they knew when first arriving.
The goal of “A Newcomer’s Guide to Canadian Finances” is to provide you with the foundational knowledge necessary to prepare for life in Canada and manage your finances as a new arrival. You will learn about life in Canada, such as the costs you can expect, considerations when renting, and scams to watch out for; the differences between banks in Canada and how to get started with credit; and the ins and outs of earning income in Canada and paying personal income taxes. Starting over doesn’t mean starting from scratch—learn from the experiences of others to help make your transition to Canada as easy as possible
preparing for the future of work and your career
Date: Feb 8th, 2023@ 12.00 Pm EST
The world is changing. Join us to examine these changes, how they’re affecting
workplaces, and some of the skills you can work on to stay in high demand. Don’t just embrace the future, help make it.
The goal of “Preparing for the Future of Work and Your Career” is to give you a better understanding of the transformation that is occurring in the workplace due to the fourth industrial revolution, and the skills you will need to succeed in your career. Times and workplaces are changing, an inevitability that was accelerated by the COVID-19 pandemic. You will learn how to look for the impact of these changes in your chosen field and anticipate what the future holds for the industry; how workplace and employee dynamics are being redesigned; and ways to highlight and improve the skills that will keep you in demand for years to come. The future is now. The future is you.
understanding personal income taxes
Date: March 15th, 2023 @ 12.00 Pm EST
Taxes are an essential part of the Canadian economy, but what are your tax obligations as a student? Join us as we look at how Canada’s tax system works, when students are required to pay taxes, and some strategies you can implement to decrease your tax burden now, and in the future. With planning, taxes can even become an exciting prospect!
The goal of “Understanding Personal Incomes Taxes” is to give a basic overview of the Canadian personal income tax system, with an emphasis on the expectations of post-secondary students. You will learn how taxes impact your finances as you start your careers and start making more money; specific deductions and credits available to post-secondary students; and some of the tax efficient government programs that can defer, or even shelter a portion of your income from taxes.