Why Savvy New Canadians?

Our goal at Savvy New Canadians is to empower you to make smarter financial decisions no matter where you are in your financial journey. To accomplish this, our platform provides practical and reliable personal finance resources to help you take control of your money, invest wisely, increase your income, and become financially free.


We believe anyone can turn their finances around and provide the financial tools you need to succeed.


We provide honest reviews and opinions of financial products so you can make informed decisions.


We simplify finances for everyday Canadians and don’t promote anything we wouldn’t personally use.


Our personal finance experts have over 20 years of combined experience writing about money matters.

Learn how to master your money

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Your money resources

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Savvy new canadians exclusive offer

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DIY Investing Course for Beginners: Grow Your Wealth Like a Pro

Want to become a do-it-yourself investor, save on investment fees, grow your wealth, and reach financial independence? Enroll in this online investing course to learn the exact steps you need to take to get started. It is time to make your money work for you!

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Here’s what you get and learn

Step-by-step video instructions on how to open a brokerage account and trade stocks and ETFs (includes 3 brokerage platforms)

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Grab your copies of the latest Savvy New Canadians books, planners, and more.

How to buy a home in Canada - Cover
A Complete guide to Canada's retirement income system - Cover
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Meet our founder

Enoch Omololu is the founder and chief editor of Savvy New Canadians. 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 Canadians 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

Dr. Enoch Omololu (Founder)

Frequently asked questions

Savvy New Canadians 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.

Savvy New Canadians 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.

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.

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.

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.

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.

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!!!


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.


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.


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


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!


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!


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.


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.