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Live Webinar: What to Know Before Buying Your First Home in Canada: A…

Live Webinar: What to Know Before Buying Your First Home in Canada: A…
Image via CIC News.

CanadaVisa and TD Bank will host a free live webinar on June 11, 2026, at 11:00 AM EDT to guide newcomers through the Canadian home-buying process. The session will cover mortgage fundamentals, affordability calculations, and financing options designed specifically for recent arrivals to Canada.

The webinar addresses a knowledge gap many newcomers face when entering Canada's housing market, where mortgage structures, down payment requirements, and closing costs often differ significantly from those in other countries. As reported by CIC News, the interactive format will allow participants to ask questions directly to TD specialists during the broadcast.

TD Bank representatives will explain what a mortgage is and how it functions in the Canadian context, including how to determine affordability based on income, existing debts, and down payment capacity. The session will detail costs beyond the purchase price itself — land transfer taxes, legal fees, home inspections, property insurance, and closing adjustments that buyers must budget for. Specialists will also clarify common mortgage terminology, including down payment percentages, fixed versus variable interest rates, amortization periods, and prepayment privileges that allow borrowers to pay off mortgages faster without penalties.

"This webinar is designed to help you better understand the steps involved in financing a home in Canada," the announcement notes.

The session targets newcomers at any stage of the home-buying journey, whether actively house-hunting or conducting preliminary research months before a purchase. Permanent residents, work permit holders, and recent citizens unfamiliar with Canadian mortgage products will benefit from the overview. TD Bank offers mortgage solutions tailored to newcomers, which may include flexibility around credit history requirements or income verification for applicants without established Canadian employment records.

Prospective attendees should register through the embedded form on the CIC News event page. The webinar takes place online, allowing participation from any location with internet access. Those unable to attend the live session should check whether a recording will be made available afterward, though the interactive question-and-answer component provides the most value during the live broadcast. Newcomers planning to buy within the next 12 to 18 months should prioritize attendance to understand how much time they need to save for a down payment and improve their credit profile before applying for mortgage pre-approval.

Source: CIC News — published 2026-05-26.

A small portion of this article — research support, fact-cross-checking, and copy-editing — was assisted by AI tooling. Editorial decisions, source verification, and final sign-off remain with our team. We cite primary sources from canada.ca for every factual claim.

Last reviewed: May 26, 2026

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