I’m Priya Sharmay
I Found Canadian Planning That Finally Made Sense
Priya Sharmay sat at her kitchen table in Toronto, surrounded by Canadian tax guides and RESP brochures, feeling overwhelmed by the complexity of financial planning in her new country. As a Junior Accountant with a 2-year-old daughter, she understood numbers, but navigating the Canadian financial system felt like learning a new language. “I want to build security for my family,” she told her husband, “but I don’t want to make expensive mistakes because I don’t understand how things work here.”
The Challenge…
With a $60,000 annual income and permanent residency status, Priya was building a stable foundation in Canada, but she faced the unique challenges of new Canadian financial planning. Her priority was providing for her daughter’s education and building long-term security, while ensuring she took advantage of Canadian benefits and avoided costly mistakes from unfamiliarity with local systems.
“I’m good with accounting principles,” she said during a financial literacy workshop at the community center. “But Canadian taxes, RESPs, and insurance products are all different from back home. I need someone who can explain how everything works together without making me feel ignorant.”
Her biggest concern was missing opportunities or making decisions that would be difficult to correct later.The Breaking Point…
A conversation with her financial advisor revealed that Priya had been missing RRSP contribution room and government matching for RESPs due to confusion about eligibility and deadlines. “I can’t afford to leave money on the table,” she said to her husband. “Our daughter’s future depends on making smart financial decisions now.”
Finding Saphira…
I was referred to Saphira through a multicultural financial literacy workshop in my community. Their advisor’s patient explanations and cultural sensitivity immediately put me at ease. “Finally,” I thought, “someone who understands that new Canadians need education, not just sales pitches.”
The Solution…
Saphira’s new Canadian specialists created an educational and strategic approach
Term Life Insurance
Term Life Insurance provided essential family protection at an affordable cost. “This ensures your daughter’s security and education funding if something happens to you,” their advisor explained clearly. “Simple, affordable protection while you’re building your Canadian financial foundation.”
Critical Illness Insurance
Critical Illness Insurance protected against medical expenses and income loss. “Even with provincial health coverage, serious illness can create financial stress,” the advisor noted. “This provides peace of mind so you can focus on recovery and family.”
RESP optimization
RESP optimization maximized government benefits for education savings. “We’ll ensure you’re getting maximum Canada Education Savings Grants and additional benefits available to new Canadians,” their advisor said. “Your daughter’s education fund will grow faster with proper planning.”
RRSP strategy
RRSP strategy coordinated with her pension and tax planning. “We’ll optimize your retirement savings to minimize taxes and maximize growth,” the advisor assured her. “You’ll build wealth efficiently while learning how Canadian retirement planning works.”
The Difference…
I chose Saphira because they understand my background and culture
They treat me like an intelligent person who just needs to learn a new system, I said after implementing my plan. “No judgment, just helpful education and genuine support.”
Peace of Mind…
After two years of growth, Priya feels confident navigating Canadian financial planning. Her daughter’s education fund is growing with maximum government matching, her family has comprehensive protection, and she’s building retirement wealth efficiently. “I finally understand how Canadian financial planning works,” Priya reflects. “My daughter will have opportunities I could only dream of, and we’re building real security in our new country. That confidence makes all the difference.” When other new Canadians ask for advice, Priya always says, “Find advisors who will teach you the system, not just sell you products. Understanding how things work here is the foundation of building wealth in Canada.”