Online tool – Prosper Canada Learning Hub

Housing law: free legal information

This resource produced by Community Legal Education Ontario (CLEO) provides a list of free legal information about paying rent, eviction procedures and much more.

Money management worksheets

CPA Canada has a selection of money management worksheets you can use with your clients.

Goal Setting
Set SMART goals that are specific, measurable, action-oriented, realistic, time-framed.

Financial Fitness Self-Assessment
Determine how well you are currently managing your finances.

Values Validator
Determine the things in life that are most important to you.

Monthly Budget for Teens
Help teenagers living at home create a monthly budget.

Role Model Self-Assessment
Determine what kind of financial role model you are.

Document Organizer
Organize your documents in preparation for filing your taxes.

Cash Flow Organizer
Get a clear picture of your cash flow — what is coming in and what is going out

Net Worth Worksheet
Get a snapshot of what you own (your assets) and what you owe (your liabilities)

Post-Secondary Student Budget
This worksheet will help students accurately estimate the total budget they need

Financial wellness guide: questionnaire

CPA Canada developed the Financial Wellness Guide to help you understand money basics. Complete the online questionnaire to get straightforward tools and information, based on your financial situation, that will help you with your financial goals.

The mastering money podcast

Brought to you from CPA Canada, this financial literacy podcast talks about key issues, trends and tips as they relate to financial education.

Season 7 of the Mastering Money podcast takes a deep dive into debt and the way it affects Canadians.

Season 6 of the Mastering Money podcast will help prepare you for retirement and give you the tools to get there, no matter your age.

Season 5 of the Mastering Money podcast unpacks the hard financial conversations you need to be having with your kids, partners, financial planners and more.

Season 4 of the Mastering Money podcast explores the role money plays in the lives of women from all walks of life, now and in the future.

Season 3 of the Mastering Money podcast looks at the difficult financial decisions Canadians are making during the ongoing COVID-19 pandemic.

Season 2 of the podcast takes listeners on a journey across various financial literacy hot topics and trends. These include how to fit financial literacy into existing programs, the financial health of future generations as well what it takes to take the plunge and start your own business.

In this introductory season of the podcast, hear from financial educators on topics such as behavioral economics, the emotions of money, financial wellness, and more.

Financial literacy courses for Canadian students

Teachers may incorporate two gamified financial literacy courses that are currently freely available into their lessons.

Students can now access two age-appropriate courses designed to help boost students' financial knowledge and confidence at any stage of their financial journey.

Course titles:

Money Management Foundations* (Grades 6 - 12)
- Money Management and Budgeting
Money Management After High School* (Grades 9 - 12)
- Managing My Money After High School

Students will explore resources and tools on the FCAC website that they will be able to use well beyond high school.

*Students can earn a completion certificate issued by the FCAC and ChatterHigh!

Economic abuse screening tool (a toolkit for social service providers)

Women’s shelters are often the first point of contact for victim-survivors fleeing abusive relationships. Therefore, safety and shelter are logically at the forefront of staff members’ immediate concerns. Once the victim-survivor is in a place of safety, it is crucial to explore the patterns of abuse the person has experienced. Economic security is an often overlooked pattern of abuse linked to physical safety. It is, therefore, crucial and the goal of this screening tool for shelter workers to identify potential Economic and Financial Abuse amongst their clients and to assist victim-survivors in accessing essential economic resources.

Watch the webinar: Recognizing and responding to economic abuse; empowering survivors to thrive and succeed.

Disponible en Français

Cyber security awareness quizzes

Discover a new quiz site to help Canadians and Canadian small businesses protect against phishing scams.

The Canadian Bankers Association has created four quizzes for Canadians to learn more about cyber fraud and how to prevent becoming a victim.

Quiz #1: Phish, vish, smish

Quiz #2: Social engineering: a peek behind the curtain

Quiz # 3: Protecting your small business from phishing attacks

Quiz #4: How to protect yourself and others

Do you know how to prevent fraud?

Test your knowledge on fraud prevention by answering these 11 questions.

Managing your money in a changing world

Managing your finances means finding the right balance. Inflation and higher interest rates signal that you may need to adjust your budget to find the right balance between daily spending and paying down debt. The right balance will depend on your financial situation and goals.

This selection of tools from the FCAC provides information and tips on:

How to manage your money when interest rates rise

Make a plan to pay off your debt

What to consider before borrowing money

Know your rights when borrowing money

Cash flow calculator

Use this calculator by the Ontario Securities Commission to estimate your positive or negative monthly cash flow.

Spending habits calculator

Use this calculator to see how changes to your spending habits can impact your budget and help you save more of your money.

Crypto Quiz

Are you considering investing in crypto assets, but aren’t sure whether it’s right for you, legal or just a scam? Test your crypto knowledge and learn how to spot the warning signs of fraud using OSC's quiz.

Financial literacy self-assessment quiz

Take this self-assessment quiz to figure out how your financial literacy skills and knowledge measure up compared to other Canadians.

Investment knowledge quiz

Most people know a little about investing, but they need to know more to be able to manage their investments to meet their goals. Try this quiz by the FCAC to see if your knowledge is basic or more advanced.

Investment recovery calculator

This calculator will help you find out how long it will take for your investment to recover its value after a market downturn and identify how long it will take to get back on track to reach your original goal.

Cyber security awareness

The Canadian Bankers Association has created a new Cyber Security Awareness Quiz site to test your knowledge and ability to spot a “phishy” email, message or text.

RESP savings calculator

TFSA Calculator

A Tax-Free Savings Account (TFSA) can be used to save for any goal. You put after-tax dollars into a TFSA, but your investments grow tax-free and you won’t pay any tax on withdrawal.

Use this calculator to estimate the value of the investments in your TFSA when you’re ready to withdraw them, and compare this amount to the value of your investments in a non-registered plan to see your overall estimated tax savings.

Debt consolidation calculator

Debt Consolidation is the process of combining multiple debts into one. Use this calculator to calculate what your new monthly payments would be, how soon you could be debt free, and how much your total interest amount would be when you consolidate your debts.

Take the stress out of budgeting

Making a budget is one of the most helpful financial tools you can use on a regular basis. A budget can give you a clear picture of where your money is going. It’s easier to plan for the life you want, when you know how much money you have for saving, spending and paying off debt.

If you’ve never made a budget, or have not created one in a long time, it can be an intimidating reality check. Don’t let stress or worry keep you from creating a budget. The best budgeting method to use is the one that works for you.

Multilingual financial resources for Ontarians

Investing for your future is important. And no matter how much (or little) money you have to invest, having the right information and resources can help you make better decisions for you and your family.

The resources and tools provided here are intended to be a starting point for new investors, including those new to Canada. The information here can help you make more informed investment decisions and help you better protect your money.

Behavioural bias checker

Being aware of potential biases can help you become a better decision-maker. Use this tool to improve your awareness of different behavioural biases or “blind spots” that may influence your decisions.

Compound interest calculator

Using OSC's online calculator, find out how your investment will grow over time with compound interest.

Emergency fund calculator

Some emergencies in life can affect you financially. You could get sick, lose your job, or have a costly repair to your car or home. An emergency fund can provide a financial safety net. Ideally, this fund would provide enough money to cover your essential living expenses so you can avoid taking on debt.

Use OSC's calculator to estimate how much money should be set aside to pay for financial emergencies.

Scam spotter tool

Are you considering a new investment?

Use this tool to learn how to spot the warning signs of fraud, and to learn how to protect yourself from suspected scams.

Investor readiness quiz

Investing is an important part of planning for a financially secure future. It can battle the effects of inflation on your savings, grow your wealth, and provide sources of income in retirement. The sooner you invest, the longer compound interest can work to grow your savings exponentially. However, there are some important milestones to achieve and questions to consider before you start investing.

Are you ready to invest? Take this quiz to find out!

Pay down debt or invest tool

If you have extra money, this calculator helps you decide whether to invest or pay off debt.

How income tax works

Filing your taxes might be one of the most important financial actions you’ll take each year. It can also feel confusing or stressful at times.

Find out more about how income tax works, including tax deductions and tax credits using the Ontario Securities Commission's interactive chart to see what tax bracket you are in.

It’s time to get ready for taxes!

Intuit is committed to helping students across the country work towards a more prosperous financial future by equipping them with the education they need to feel confident about their taxes.

Through the Intuit TurboTax Simulation, we are helping students overcome the fear of Tax Day. You do not need to be an expert to teach taxes, and we recommend teaching to grade levels 9-12.

Debt got you down?

The CBA partnered with Credit Counselling Canada, an association of accredited non-profit credit counselling agencies, to offer the Debt and Money Quiz.

The online tool helps Canadians assess their financial health and provides recommendations to help those who are struggling financially.

Take a short “Yes” or “No” quiz to find out if you need support managing money and debt. See how you compare with other quiz respondents.

Trans PULSE Canada COVID Data Dashboard

In September – October 2020, the Trans PULSE Canada study team conducted the COVID Cohort to assess the social, economic, and health impacts of the COVID-19 pandemic on trans and non-binary people in Canada.

This dashboard serves as an interactive tool for community members and researchers to explore key findings from the Trans PULSE Canada COVID survey, and to break down the results by one or more socio-demographic characteristics. The proportions in the dashboard are weighted to represent the 2019 Trans PULSE Canada sample.

Disability Tax Credit Tool

The Canadian Disability Tax Credit (DTC) can help reduce the taxes you or someone who supports you owe. It also offers a lot of other great benefits.

To apply for the DTC, your healthcare provider will need to fill out the Disability Tax Credit Certificate (form T2201). This tool is designed to give them the information they need to fill out that form

OpportuNext (career transition online tool)

OpportuNext from The Conference Board of Canada is a free-to-use career tool created in partnership with the Future Skills Centre. The tool can be used by anyone looking to plan a career path with a similar skillset or for anyone providing employment services.

Financial Relief Navigator

The Financial Relief Navigator is an online tool that can help you find support to raise your income or lower your expenses in these challenging times.

The tool will suggest income benefits or other support programs you may be eligible for in your province/territory in Canada.

Statistic Canada’s Longitudinal Immigration Database: Birth area and income table, 2018

Statistics Canada's Longitudinal Immigration Database (IMDB) Interactive Application has been updated to include data on citizenship intake rates and income by birth area, sex, pre-admission experience and admission category. This table includes income measures up to 2018 for immigrants admitted to Canada since 2008.

Consumer Price Index Personal Inflation Calculator

This interactive tool created by Statistics Canada allows you to explore your personal rate of inflation, based on the goods and services you consume.

The Consumer Price Index (CPI) is the official measure of inflation in Canada. It is representative of the change in prices experienced by the average Canadian household. However, your personal experience of inflation may not perfectly match the Canadian average due to differences in your spending habits. The Personal Inflation Calculator accounts for those differences and provides a measure of inflation unique to you.

Dimensions of Poverty Hub

The Dimensions of Poverty Hub, sponsored by Employment and Social Development Canada (ESDC), enables Canadians to track progress on poverty reduction. The updates as of September 2020 include poverty statistics based upon the new 2018-base Market Basket Measure (MBM).

Gender, Diversity and Inclusion Statistics Hub

Launched by the Centre for Gender, Diversity and Inclusion Statistics (CGDIS), the Gender, Diversity and Inclusion Hub focuses on disaggregated data by gender and other identities to support evidence-based policy development and decision making.

Labour Force Survey in brief: Interactive app

Part of the Canadian Labour Market Observatory, this interactive data visualization application showcases publicly available labour market information. The fully interactive applications allow Canadians to quickly and easily personalize the information in a way that is relevant to them and their interests.

Financial Literacy Outcome Evaluation Tool

The Financial Literacy Outcome Evaluation Tool offers organizations a collection of evidence-based financial literacy outcomes and indicators. The tool guides users through a series of questions about their program and evaluation goals and then suggests scales (sets of questions) and individual questions they can use.

Retirement Literacy Website

The ACPM Retirement Literacy Program complements the financial literacy education efforts by the federal and provincial governments, and other organizations.

The website contains a series of quizzes to help improve your knowledge of pensions and retirement savings plans as well as links to financial literacy resources.

Budget Planner

The Financial Consumer Agency of Canada (FCAC)'s online tool helps you create a customized budget.

Emergency Fund Calculator

Some emergencies in life can affect you financially. You could get sick, lose your job, or have a costly repair to your car or home. An emergency fund can provide a financial safety net. Use this calculator to estimate how much money should be set aside to pay for financial emergencies.

My money in Canada

Are you a newcomer to Canada, or someone who works with newcomers? This online tool will help you explore five money modules to better manage your finances in Canada. Learn about the financial system in Canada, income and expenses, setting goals and saving, credit and credit reports, and filing taxes.

Updated July 26, 2022:

My money in Canada provides important information about Canada’s financial system and promotes positive money management habits to support Canadians to succeed financially. Interactive exercises and checklists support you to make informed choices and to create a customized financial plan that works for you.

Originally designed to support newcomers to Canada as they settle and establish themselves financially, My money in Canada has been updated to serve all Canadians, including those who are new to Canada.

RDSP calculator

Enhance the quality of life for a family member with a disability. By answering a few simple questions, the RDSP Calculator can help you project the estimated future value of an RDSP, and the approximate value of future withdrawal payments. Run various scenarios to see how it would affect the value of your RDSP.

The RDSP Calculator is a tool to help you assess the potential of opening and contributing to an RDSP. The estimates provided by the Calculator are for information purposes only. The profile of your RDSP may differ from the RDSP Calculator projection.

Proliteracy.ca: Plan Finances for University or College

Proliteracy.ca analyzes historical living expenses from over 160 cities and tuition from over 100 universities and colleges in Canada to predict the cost of post secondary education in the future.

Their tool suggests financing options based on your profile. Learn about RESP, grants, scholarships and various government and commercial programs with their online resources.

Canada Revenue Agency Child and Family Benefits Calculator

This online tool released by the Canada Revenue Agency can be used to determine the eligibility and payment amounts of child and family benefits. Additional information on child and family benefit programs may be found on the Canada Revenue Agency's child and family benefits page.

government of canada child and family benefits calculator

Government of Canada Benefits Finder

Answer the questions in this Government of Canada online tool to get a customized list of benefits for which you may be eligible. The Benefits Finder may suggest benefits from federal, provincial or territorial governments.

My money in Canada

This online tool will help you learn about the financial system in Canada and how to manage your money. Explore five money modules on banking, income and expenses, money goals and savings, credit, and taxes.

Clients can do the modules in the order they appear, or just the ones they want to use. The tool is intended to be used with clients and settlement workers together, but can also be used by the client on their own if they are comfortable.

Mortgage Calculator

This calculator from the Financial Consumer Agency of Canada determines your mortgage payment and provides you with a mortgage payment schedule.

Compound Interest Calculator

Use this calculator from GetSmarterAboutMoney.ca to find out how your investment will grow over time, with compound interest.

Account Comparison Tool

Compare features for different chequing and savings accounts, including interest rates, monthly fees and transactions. Find an account that best suits your needs. Narrow your search, view search results, and compare your results using this account comparison tool from the Financial Consumer Agency of Canada.