Too Good Arm is an outport located on New World Island in the province of Newfoundland and Labrador, Canada. It neighbours the communities of Pike’s Arm and Cobb’s Arm and is the terminus of Route 346. In 1994, two years after the Government of Canada declared a moratorium on the Atlantic cod fishery, an inshore fisherman from Too Good Arm became the first Newfoundlander in history to be charged for jigging cod to feed his family.
Most services are provided in nearby communities or towns. A convenience store is located approximately 4 kilometres (2.5 mi) away in Cobb’s Arm. The closest supermarkets are located in Virgin Arm and Twillingate, approximately 24 kilometres (15 mi) and 22 kilometers (13.5 mi) away, respectively. Residents generally travel to Twillingate, Lewisporte, or Gander for shopping.

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