What would you do if you bring to canada 120 000 CAD ?

[abasoufiane]

Suppose you are a new immigrant, bringing with you this amount of money, what's the best investment ? Thank you

 

[steaky]

Buy your principal residence. Either pay in whole or use the cash as down payment and get mortgage.

 

[NetMecca]

I agree with suing some of the cash for a deposit on a property. If you have any left I would invest in stable-ish dividend stock on TSX. I do about 10-15% return on that. Have been for a few years. Good luck