Toronto-based Beacon, a fintech company revolutionizing financial services for immigrants to Canada, has announced a strategic partnership with Deloitte Canada.
The collaboration aims to simplify the transition for Deloitte’s international employees immigrating to Canada by providing access to Beacon’s innovative tools: Beacon Learn, Beacon Money, and Beacon Remit.
Through this alliance, Deloitte employees relocating to Canada can leverage Beacon Learn to plan their move with personalized resources tailored to their unique situations. Additionally, they will benefit from Beacon Remit, which enables seamless money transfers from India to Canada prior to their arrival, and Beacon Money, a digital wallet within the MyBeacon Super App designed to help users establish their financial foundation before settling.
Stuart Szabo, CEO and co-founder of Beacon, emphasized the partnership’s significance. “Moving is hard. We built Beacon to help great companies like Deloitte make the process easier for their employees and their families. With today’s announcement, Beacon aims to support Deloitte and their employees in maintaining excellent employee standards, especially for those relocating to Canada. We want employees and their families to transition to Canadian life with ease and confidence.”
The partnership extends beyond individual services. Deloitte and Beacon plan to collaborate on initiatives aimed at addressing Canada’s skills shortages by supporting businesses in improving talent acquisition and retention.
Anthony Viel, CEO of Deloitte Canada and Chile, underscored the importance of such efforts. “Deloitte’s purpose is to make an impact that matters by helping and inspiring people, organizations, and communities across Canada. As someone who relocated to Canada with my family, I understand the challenges of settling in a new country. By working with Beacon, we are contributing to their success and making a collective impact that helps businesses grow and communities thrive.”
This alliance highlights the growing need for comprehensive financial and logistical support for immigrants to Canada, aligning with broader efforts to enhance the nation’s labor market and economic growth.
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