A small site for a specific gap.

Newcomer Wallet is for that first stretch. It calculates TFSA room from the year you became a resident, estimates 2026 take-home pay, and separates FHSA room from RRSP room. A checklist points at the government pages for a SIN, a bank account, credit, and the first tax return.

There is no account because the site does not need one. The calculators run in your browser. Figures live in one file, src/data/tax-2026.ts, each with the page it came from. They were checked on 13 November 2026. If a number could not be verified, it is left out and the page says what is missing. The 2027 TFSA dollar limit is the clearest example: CRA has not published it.

Who built this

Vishal Tomar is a software engineer and product designer. He grew up in New Delhi and came to Canada in 2013 as an international student at the University of Saskatchewan, graduating in 2017 with a B.Sc. in Computer Science. He started working in Saskatoon, became a permanent resident through Express Entry in 2019, and a Canadian citizen in 2022. He now lives in Toronto.

He built Newcomer Wallet because the first-year money rules, including TFSA and RRSP room, benefits, and the first tax return, are confusing for newcomers.

He is not a financial advisor or a tax professional. Every figure comes from the CRA, Canada.ca, or a provincial government page, and that source is linked on the page where the figure appears.

The site is not the Canada Revenue Agency and not a tax preparer. It does not sell advertising or affiliate placements in this version. A later version might, and the privacy page says what would have to change first, especially for visitors in Quebec.

There is no contact form, on purpose. A form would mean storing a message. Corrections to a figure belong next to the government source, which is linked on the page that uses it.