Financial Resources
Trusted tools, government programs, and financial guidance for newcomers.
KOHO — Free Banking for Newcomers
No monthly fees, instant spending account, and cash back rewards. Designed to help newcomers build credit in Canada.
Affiliate partnership — Settlely may earn a commission
Financial Safety Tips
- Only work with advisors registered with IIROC, MFDA, or certified by FP Canada.
- Be cautious of anyone promising guaranteed returns — all investments carry risk.
- File your taxes every year even if you have low income — it unlocks key benefits.
- Your SIN is sensitive. Never share it unless legally required (e.g. employer, bank).
Official & Trusted Resources
File your taxes, apply for benefits like GST/HST credit, Canada Child Benefit, and set up My Account.
Free tools and guides to understand Canadian banking, credit, mortgages, and your financial rights.
Non-profit organization offering free credit counselling and debt management plans across Canada.
Find a Certified Financial Planner (CFP) regulated by FP Canada. Verify credentials before booking.
Step-by-step guide for newcomers filing Canadian taxes for the first time, including SIN requirements.
Interactive budget planners and financial literacy tools designed for newcomers.
CRA Individual Tax Enquiries
1-800-959-8281 — Mon to Fri, 9am–5pm local time
Verified Advisors
Verified Providers Coming Soon
We're onboarding and vetting financial providers. Only verified, trustworthy professionals will be listed here.