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FEATURED GUIDES

Investing Finance Credit Banking Loans Retirement Savings Insurance Mortgages


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MEET OUR FOUNDER

Enoch Omololu is the founder and chief editor of Savvy New Canadian. A money
expert, he has a master’s degree in Finance and Investment Management from the
University of Aberdeen Business School and has completed the Canadian Securities
Course.

He launched the Savvy New Canadian platform in 2016 to help other newcomers
navigate Canada’s financial landscape by providing updated guides and resources
on investing, retirement planning, banking, credit, and more.

Enoch is the author of two books: How To Buy a Home in Canada and A Complete
Guide to Canada’s Retirement Income System. He is passionate about helping
others win with their finances and has written about money matters for over a
decade. Read more about Enoch Omololu.


DR. ENOCH OMOLOLU (FOUNDER)




FREQUENTLY ASKED QUESTIONS

Who is Savvy New Canadian?

Savvy New Canadian is one of Canada’s top resources for actionable personal
finance guides, tools, and resources. Founded in 2016, the platform’s core
mission is to help you become better at managing your money. Learn more about us
and see where we have been featured.

Is Savvy New Canadian only for newcomers?

Savvy New Canadian is used by Canadian citizens, permanent residents,
international students, refugees, and many new immigrants in Canada. We help
millions of people each year to make smarter financial decisions.

What are the best banks in Canada?

Canada’s financial landscape includes the Big Five Banks (RBC, TD, BMO,
Scotiabank, and CIBC) and several online banks that help you save on banking
fees. Each bank has its pros and cons, and we have compiled their top features
to help you find the best bank for you.

Which ETFs are right for me?

Exchange-Traded Funds (ETFs) take the guesswork out of building a diversified
portfolio. You can choose from equity, bond, index, dividend, sector, and
commodity ETFs based on your risk tolerance and investment objectives. There are
also asset allocation ETFs that are multi-asset diversified portfolios within a
single fund. Use this list of the best ETFs as a starting point for your search.

How do I start investing in Canada?

Begin your investing journey by learning about the types of investment products,
the relationship between risk and return, types of retirement accounts, and how
to choose the right brokerage platform. If you have already paid off your high
interest debt, it is time to put your money to work and grow your net worth by
investing.

Where can I find new Canadian benefits?

Newcomers to Canada may be entitled to various benefits and tax credits such as
the GST/HST credit, Canada Child Benefit, Climate Action Incentive Payment, and
several other provincial and territorial benefits. You will generally need a
social insurance number to qualify.

Do you offer a Finance 101 course?

Yes, we have an investing 101 course for beginners that will launch soon. This
course includes step-by-step video instructions on how to invest in stocks and
ETFs. Students also learn how to develop a sustainable investment strategy based
on their risk profile and financial goals.




WHAT SAVVY CANADIANS ARE SAYING…

Love reading all your blog posts on investing. So simple to understand and
extremely informative. Kudos!!!


Wemimo

I really appreciate the applicability and thoroughness of your articles. [You]
are providing an excellent service. Thank you!


Leslie T

Thank you for always providing such great advice and insight. I always look
forward to getting your emails!


Lynn A

Thank you, Dr Enoch. The information is so useful for us newcomers to Canada.
Much appreciated sir.


Rowland G

I’ve been waiting for someone to write a comprehensive post about U.S dollar
accounts and credit cards for Canadians. Thank you.


Roxy

Thank you Enoch, I appreciate your time and effort in giving of yourself to help
others. It’s refreshing to see this in today’s world. A Merry Christmas and
Happy New Year to you and yours. All the very best.


Fraser

Awesome content. I come here daily looking for articles I have not read yet.
Very informative that it is Canadian specific. Great work, Enoch.


Anson

Really appreciate the Canadian perspective on credit cards, points, TFSAs, etc.!
I’ve been binge reading a lot of your stuff and trying to get more into travel
hacks with points. With the massive amount of American blogs out there on the
subject, it’s great to find a Canadian one. Just wanted to say thanks!


Brenda

I’m a big fan of your site and love reading your weekly newsletters. The
information you provided this week on tax filing is outstanding; it’s so helpful
to have such relevant information all in one place, and a bonus that it’s
written in such an accessible, down to earth manner.


Kami R

Great article on investing Enoch. I am into the investing business and your
articles is well written and very informational. I loved reading it.


Tracy C

As a senior Canadian (been here all my life) I didn’t know the majority of info
on your site. It’s so well organized, and the articles are thoughtful and
helpful. I really appreciate it, and you!


B

I know I have said this before, but I say it again. Your newsletter is SO
helpful. I don’t get to spend the time to read/research everything, but even
just skimming your info/links gets my mind on a track for future applications.
And I archive by subject your info so I can find it easily.


Ramona

Great blogpost, Enoch!!! I have finished reading Unshakeable by Tony Robbins
recently and I had a hard time finding more information about investing in index
funds in Canada. But then I found your post! Thank you!!!


Ahmed A

This blog was so helpful to me as an international student with no idea of
things like credit scores. Thank you so much.


Egie A

Your emails are great. Excellent info, helpful, clear and to the point. I will
be passing this on to our financially motivated 16yo son. Keep up the great
work, and very best wishes to you and yours.


R.D.

408-55 Water St. Office 8402
Vancouver, BC V6B 1A1


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