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Retiring on a low income

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What is DIY investing and how does it work?

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Provincial spending on housing and homelessness in Ontario

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CASE STUDY | Niagara Region’s Poverty Reduction Strategy: Working Together to Prevent and End Poverty and Increase Well-Being in Niagara

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Consumer research: Financial Planners and Financial Advisors

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How to resolve a Financial Planner / Financial Advisor complaint

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Life & health insurance

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Unclaimed Benefits: Too many missing out on Old Age Security in Toronto

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people shaking hand after signing a document

Loan and Trust

people shaking hand after signing a document

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man and women looking at a computer

Pensions

man and women looking at a computer

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Credit Unions and Deposit Insurance

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family hugging outside their new house

Mortgage Brokering

family hugging outside their new house

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Auto insurance

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Benefits on the street: Increasing access to benefits for street-involved individuals and families

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5 conversation starters to build better money habits

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Who’s hungry 2024

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Credit Unions and Deposit Insurance

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Loan and Trust

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How RESPs work

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Artificial intelligence and investor behaviour

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Financial Planners and Financial Advisors

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Fraud Long-haul scammers: Fraudsters who invest time to take your money

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Long-haul scammers: Fraudsters who invest time to take your money

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How to manage financial stress and avoid burnout

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What is herd behaviour?

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Annual information about your investment fees

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Fee calculator

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The many faces of financial elder abuse

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How to prepare for a financial emergency

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What to do if your tax return is reviewed or audited

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Insights from the ‘Building Financial Wellness in First Nation Communities’ Project

Resources

Handouts, videos and time stamps

Handout: Summary of report

PDF of PowerPoint

Video

Timestamps: 

5:32 – Agenda

11:47 – Project overview

14:18 – Insights

21:22 – From the partners

49:57 – Questions

 
 

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Saving or investing for short-term goals

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Spring cleaning your investment portfolio

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Fraud Prevention Month

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Supporting with access to benefits

Resources

Handouts, videos and time stamps

Handouts

Video

Timestamps

13.24 – Agenda

16.08 – Your role in supporting access to benefits

23.36 – Starting conversations about benefits

36.19 – Navigating the Benefits Wayfinder

58.12 – Personas: Exploring benefits

 
 

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Eight common investment scams and how to spot them

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4 signs of investment fraud

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Living for today at the expense of tomorrow

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TFSA basics

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Canadian crypto survey results for 2023

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Strategies to pay down debt

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The profound drop in Working Poverty in the Toronto Region

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Investing Academy

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How volatility affects your investments

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Inflation and your household budget

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A case study: Community Volunteer Income Tax Program in 5 Municipalities of Grey Bruce

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How stocks and dividends work

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Ontario Works and Gifts Information Sheet

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An intelligent Martian asks a question that we can’t answer

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Building futures

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How the stock market works

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Who’s hungry 2022




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Strategies to pay down debt

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2023 Canadian Retirement Survey




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How to plan your income sources in retirement

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Tax credits for seniors




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What is risk tolerance in investing?




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Red flags of crypto fraud

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Needs versus wants




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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.



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Inflation and your household budget

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Steps to offering a financial lifeline

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7 reasons to file a tax return

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The top 6 differences between TFSAs and RRSPs

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Registered Retirement Savings Plan (RRSP)

A Registered Retirement Savings Plan (RRSP) can help you save for retirement while also saving at tax time — or even getting a rebate. The articles from the Ontario Securities Commission (OSC) can help you understand more about opening, contributing to, and withdrawing from an RRSP.



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Research to help FSRA improve the lives of vulnerable consumers

Financial Services Regulatory Authority of Ontario commissioned a research study that focused on consumer attitudes, how consumers are engaging with financial services, and consumer characteristics such as vulnerability.

Insights from the research are allowing FSRA to better understand the realities of consumers’ changing financial lives and helping to identify key opportunities to respond to the needs of vulnerable consumers.

2022 Consumer Research Study highlights.

2022 Consumer Research Study full report

 

 



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Cash flow calculator

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Tips to keep your credit card safe

Your credit card can help you make purchases quickly without needing to have cash on hand. Follow these tips by the Ontario Securities Commission to use your credit card safely.



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OSC study finds many investors overestimate their knowledge

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Government grants and bonds for education savings

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4 Reasons to keep saving even when inflation is high

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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.



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Make it easier to save

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Managing debt

Managing debt doesn't have to be overwhelming. These tips and tools from the Ontario Securities commission can help you borrow wisely and pay off debt more quickly.



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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. 



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Fraud alert videos

Learn more about fraud in this latest set of videos by the Ontario Securities Commission. 

  • Investment fraud
  • Pump and dump scams
  • Fake government messages
  • Warnings about your finances
  • Work from home scams
  • Quick high-return schemes

 



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Investment products

There are many investment products, here's some information about them:

Annuities: a contract with a life insurance company. Annuities are most commonly used to generate retirement income. 

Bonds: when you buy a bond, you’re lending your money to a company or a government for a set period of time. In return, the issuer pays you interest. On the date the bond becomes due, the issuer is supposed to pay back the face value of the bond to you in full.

Complex investments: these investments may have the potential for higher gains, but carry greater risks. 

ETFs: when you buy a share or unit of an ETF, you’re investing in a portfolio that holds a number of different stocks or other investments.

GICs: when you buy a guaranteed investment certificate (GIC), you are agreeing to lend the bank or financial institution your money for a set number of months or years. You are guaranteed to get the amount you deposited back at the end of the term. 

Mutual funds & segregated funds: when you buy a mutual fund, your money is combined with the money from other investors, and allows you to buy part of a pool of investments. 

Real estate: While real estate investments can offer a range of benefits, there is no guarantee that you will earn an income or profit and, like any investment, there are a number of risks and uncertainties that you need to carefully consider before investing.

Stocks: The stock market brings together people who want to sell stock with those who want to buy stock. When you buy stock (or equity) in a company, you receive a piece of the company and become a part owner.

Pensions & saving plans: if your employer offers contributions to your retirement or other savings plan, take advantage. 

Cannabis: Emerging sectors like the cannabis industry have often attracted investors hoping to be among the first to capitalize on the potential growth and high returns of what they believe are untapped markets or products that may be popular in the future.

Cryptoassets: Cryptoassets primarily designed to be a store of value or medium of exchange (e.g., Bitcoin) are often referred to as “digital coins.



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Reporting fraud

A comprehensive set of articles are available on the Ontario Securities Commission website on how to identify and report fraud as well as what to do if you have been defrauded.  



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Introduction to behavioural insights for the social sector: a capacity building course

This self-paced online course will help you learn about behavioural insights and how they can help you increase impact in simple, practical ways. In this self-paced learning experience, you will learn foundational skills and tools that you can apply immediately to your work, creating a long-lasting social impact.



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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.



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Types of fraud

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2022 Canadian Retirement Survey

The key takeaways from the 2022 Canadian Retirement Survey are:

  1. Canadians are growing increasingly concerned about day-to-day cost of living impacting their ability to save for retirement. 
  2. Capacity to save is dissolving for working Canadians, especially for those under 35
  3. Inflation and housing affordability concerns for all Canadians, especially for those under 35. 
  4. Canadians recognize the personal value of pensions
  5. Canadians recognize the societal value of pensions

Read the full presentation conducted for Healthcare of Ontario Pension Plan.



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Checking registration

Checking registration helps protect you from unqualified or fraudulent individuals. Always check the registration of any person or business trying to sell you an investment or give you investment advice by using the Canadian Securities Administrators’ National Registration Search.

Titles like financial advisor, financial planner, investment consultant, and investment specialist aren’t legally defined terms or official registration categories. Some advisers or dealers may have designations that allow them to use specific titles, such as Certified Financial Planner (CFP), Chartered Professional Accountant (CPA) or Chartered Financial Analyst (CFA). Checking registration tells you what specific products and services they are (and aren’t) qualified to offer you, regardless of title.



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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.



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Turning aces into assets

Ontario has just become the first province to open its legal gambling market to private internet gaming providers. As of April 4, 2022, Ontarians can play casino-style games online and place bets on sports, including single games, through sites regulated by iGaming Ontario. According to the provincial regulator, the launch of iGaming marks the triumph “of a legal internet gaming market” over “its previous grey market standing.” But as with all forms of gambling, this development has a dark side. It was only a matter of time before Ontario expanded its gambling market—not because of popular demand, but because the provincial government is addicted to gambling money and is eager to seize any opportunity to get more of it, regardless of the costs to the people it is supposed to protect.

This report provides the background of gambling in Ontario, outlines the new risks with iGaming and offers four policy options.



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Grandparent scams and how to avoid them

Imagine a loved one is in trouble or hurt. You get a call asking for urgent help. You’d likely want to act right away because you care about them. Exploiting family ties is the driving force behind grandparent scams — or emergency scams.

This article from the OSC can help you to protect yourself from becoming a victim of an emergency scam.

Watch this new video to learn more about grandparent scams. 



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8 ways to prepare financially for retirement

This article from OSC provides 8 tips to help you plan for retirement. 

Transitioning from working life to retirement takes careful financial planning and decision-making – give yourself plenty of time to prepare. Here are some things you can do ahead of time.



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Protecting aging investors through behavioural insights

This report identifies behaviourally informed techniques dealers and advisers can use to encourage their older clients to provide the necessary information for enhanced investor protection measures.



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Your trusted contact person and why they matter

The Trusted Contact Person initiative has been adopted across Canada.

It is part of new regulatory measures to support advisors in their efforts to help investors, particularly older investors and vulnerable, protect themselves and their financial interests.

Canadian seniors are increasingly called upon to make complex financial decisions, with higher stakes, later in life than ever before. For many, health, mobility, or cognitive changes that can occur with age, may affect their ability to make these decisions. This can make seniors more susceptible to financial exploitation and fraud. In fact, about half of the victims of investment fraud are over age 55.

Watch this new video on understanding the importance of appointing a trusted contact person. 



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Compound interest calculator

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



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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. 



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Introduction to investing: A primer for new investors

Whether you’re new to investing, or new to Canada, InvestingIntroduction.ca can help. Visit the Ontario Securities Commission's refreshed website and find resources to help you make more informed investment decisions and better protect your money.

The information is available in 22 languages.



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Retirement budget worksheet

Good financial planning starts with knowing what you spend. Try out this budget worksheet, prepared by the Ontario Securities Commission,  to see the difference in your costs before you retire and after you stop working. 



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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.



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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!



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Pay down debt or invest tool

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



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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.



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Welfare in Canada, 2020

Maytree released the 2020 edition of the Welfare in Canada report. For each province and territory, this report provides data and analysis on the total welfare income that households receiving social assistance would have qualified for in 2020, including COVID-19 pandemic-related supports.

Welfare in Canada is a series that presents the total incomes of four example households who qualify for social assistance benefits in each of Canada’s provinces and territories in a given year.

Welfare in Canada, 2020 looks at the maximum total amount that a household would have received over the course of the 2020 calendar year, assuming they had no other source of income and no assets. Some households may have received less if they had income from other sources, while some households may have received more if they had special health- or disability-related needs.

The report looks at:

  • Social assistance program eligibility tests for assets and earned income;
  • How welfare incomes vary across Canada;
  • The components of welfare incomes in each province and territory;
  • Long-term changes in welfare incomes in each province and territory; and
  • The adequacy of welfare incomes in each province compared to poverty and low-income thresholds.

In addition, this year the report includes a new section that looks at the adequacy of welfare incomes in each province over time, an analysis that hearkens back to past reports prepared by the National Council of Welfare. Also, please note that this report measures the adequacy of welfare incomes relative to both the Market Basket Measure (MBM) – Canada’s Official Poverty Line – and the Deep Income Poverty threshold (MBM-DIP), which is equivalent to 75 per cent of the MBM. This analysis will replace the low-income threshold comparisons in future reports. We hope these additions will be helpful for those using the report.

In each jurisdiction, the total welfare income for which a household is eligible depends on its specific composition. For illustrative purposes, this resource focuses on the welfare incomes of four example household types:

  1. Unattached single considered employable;
  2. Unattached single with a disability;
  3. Single parent with one child, age two; and
  4. Couple with two children, ages ten and 15.



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Encouraging tax filing at virtual clinics

In 2020, The Behavioural Insights Team partnered with United Way and Oak Park Neighbourhood Centre to develop and test an email intervention to increase participation in tax filing clinics. An "active choice" email (sample email) significantly increased response rate and attendance to virtual clinics.



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Evaluation of the Financial Empowerment and Problem Solving Project: Final Report

The Province of Ontario, through the former Ministry of Community and Social Services (now known as the Ministry of Children, Community and Social Services (MCCSS)) entered into a contract with Prosper Canada (PC) in 2015 to fund the Financial Empowerment and Problem Solving (FEPS) pilot project. The FEPS project provided individualized financial counselling to low income program participants along with educational workshops and free tax clinics. An evaluation of the FEPS pilot found that the project exhibited some promising practices and was well received by clients. Building off of the findings from pilot, in 2017 the former Ministry of Community and Social Services (MCSS) entered into a four-year agreement with PC to fund the program at four delivery sites.



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COVID-19 Fraud Alerts

GetSmarterAboutMoney.ca is an Ontario Securities Commission (OSC) website that provides unbiased and independent financial tools to help you make better financial decisions. This series of videos increases awareness of fraudulent activity during COVID-19. Topic include:

  • Pump-and-dump scams
  • Fake government messages
  • Warnings about your finances
  • Work from home scams
  • Signs of investment fraud
  • Quick high-return schemes



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Behavioural insights: key concepts, applications and regulatory considerations

There are numerous factors that influence the decisions that people make. Behavioural insights (BI) recognizes this and, through a combination of psychology, economic and more recently other behavioural research, examines how people are often neither deliberate nor rational in their decisions in the way that traditional models, strategies and policies assume.

Behavioural insights recognize how people actually behave versus traditional economic and market theory of people as rational actors. This report discusses how leading practitioners and regulators around the world are using behavioural insights to address issues in capital markets and improve outcomes for investors and market participants.



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Encouraging Retirement Planning through Behavioural Insights

This research report identifies behaviourally informed ways that government, regulators, employers, and financial institutions can encourage retirement planning.

Thirty different initiatives and tactics that could be implemented by a variety of stakeholders to encourage retirement planning are proposed, and interventions are organized around four primary challenges people face in moving from having the intention to create a retirement plan to the action of making a plan: (1) it’s hard to start, (2) it’s easy to put off, (3) it’s easy to get overwhelmed and drop out, and (4) it’s hard to get the right advice.

 

The report also includes the results of a randomized experiment that evaluated several of the approaches proposed in the report. This report was published as part of the Ontario Securities Commission’s strategy and action plan to respond to the needs and priorities of Ontario seniors.



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Office of the Superintendent of Bankruptcy Canada: Statistics and Research

The Office of the Superintendent of Bankruptcy Canada releases statistics on insolvency (bankruptcies and proposals) numbers in Canada.

The latest statistics released on November 4, 2020 show that the number of insolvencies in Canada increased in the third quarter of 2020 by 7.9% compared to the second quarter.



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Impact of the COVID-19 pandemic on the NEET (not in employment, education or training) indicator, March and April 2020

A fact sheet released by Statistics Canada shows that, in March and April 2020, the proportion of young Canadians who were not in employment, education or training (NEET) increased to unprecedented levels.

The COVID-19 pandemic—and the public health interventions that were put in place to limit its spread—have affected young people in a number of ways, including high unemployment rates, school closures and education moving online.



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Questions and answers to legal topics in Ontario

The Community of Legal Education Ontario (CLEO) website contains answers to common questions pertaining to a number of legal topics, including: COVID-19, debt and consumer rights, and employment and work.



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Canada’s Forgotten Poor? Putting Singles Living in Deep Poverty on the Policy Radar

This report presents the findings of extensive research about employable singles on social assistance undertaken by Toronto Employment and Social Services, in partnership with the Ontario Centre for Workforce Innovation. Drawing on data from 69,000 singles who were receiving social assistance in Toronto in 2016, and 51 interviews with randomly selected participants, the report highlights these individuals’ characteristics, their complex needs, and the barriers they face in moving off social assistance and into employment. Complementing the quantitative analysis, the interviews provide important insights into the daily realities of participants’ lives and their journeys on and off assistance.



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Hunger Lives Here: Risks and Challenges Faced by Food Bank Clients During COVID-19

This report provides quantitative and qualitative data about the experience of hunger and poverty in Toronto during COVID-19. Based on phone surveys with over 220 food bank clients in May and June 2020 and an analysis of food bank client intake data, the report demonstrates that COVID-19 has led to increased reliance on food banks. The rate of new clients accessing food banks has tripled since the pandemic began. Among new clients, 76% report that they began accessing food banks as a result of COVID-19 and the associated economic downturn.



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Legal Resources Catalogue: Free legal information

This resource provides a list of free legal information resources produced by Community Legal Education Ontario (CLEO).



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Costing a Guaranteed Basic Income During the COVID Pandemic

The Parliamentary Budget Officer (PBO) supports Parliament by providing economic and financial analysis for the purposes of raising the quality of parliamentary debate and promoting greater budget transparency and accountability.

This report responds to a request from Senator Yuen Pau Woo to estimate the post-COVID cost of a guaranteed basic income (GBI) program, using parameters set out in Ontario’s basic income pilot project. In addition, the report provides an estimate of the federal and provincial programs for low-income individuals and families, including many non-refundable and refundable tax credits that could be replaced by the GBI program.



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Low Income Retirement Planning

This booklet contains information on retirement planning on a low income. Topics include four things to think about for low income retirement planning, a background paper on maximizing the Guaranteed Income Supplement (GIS), and determining Old Age Security (OAS) and GIS eligibility for people who come to Canada as adults.

OAS cheat sheet for 2023



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Locked down, not locked out: An eviction prevention plan for Ontario

Ontario tenants who have fallen behind on their rent because of COVID-19 will need provincial help to stay housed when the current eviction ban is lifted. A new analysis calls for targeted rent relief, a gradual easing of the eviction ban, and a reintroduction of rent controls.



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Social Assistance Summaries

The Social Assistance Summaries series tracks the number of recipients of social assistance (welfare payments) in each province and territory. It was established by the Caledon Institute of Social Policy to maintain data previously published by the federal government as the Social Assistance Statistical Report. The data is provided by provincial and territorial government officials.



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Defining disability for social assistance in Ontario: Options for moving forward

Narrowing the definition of disability used by the Ontario Disability Support Program (ODSP) could have serious implications. Improving the program’s assessment process would yield better results for applicants, Ontario's social safety net, and the government.

This report explores the role of ODSP, the risks of narrowing the definition of disability, models of disability assessment from other jurisdictions, and alternative ways that the government could reform the program. Most importantly, the paper recommends that the Ministry focus on improving ODSP’s initial application process. A simplified assessment system would save time and money for applicants, medical professionals, legal clinics, adjudicators, and the Social Benefits Tribunal. These savings should be reinvested back into social assistance.



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Providing one-on-one financial coaching to newcomers: Insights for frontline service providers

One-on-one financial help is a key financial empowerment (FE) intervention that Prosper Canada is working to pilot, scale and integrate into other social services, in collaboration with FE partners across the country. FE is increasingly gaining traction as an effective poverty reduction measure. FE interventions include financial coaching and supports that assist people to build money management skills, access income benefits, tackle debt, learn about safe financial products and services and find ways to save for emergencies.

This report shares insights on providing one-on-one financial coaching to newcomers captured through two financial coaching pilot projects that Prosper Canada conducted in collaboration with several frontline community partners.



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Introducing the Financial Relief Navigator

Resources

Handouts, slides, and time-stamps

Presentation slides for this webinar

Handouts for this webinar
Introducing the Financial Relief Navigator (FRN)
Access the Financial Relief Navigator here.

Time-stamps for the video recording:
3:22 – Agenda and Introductions
6:00 – Audience poll
9:00 – Why we created the Financial Relief Navigator (Speaker: Janet Flynn)
11:55 – What’s in the Financial Relief Navigator (Speaker: Janet Flynn)
16:35 – FRN Walkthrough using a Persona (Speaker: Galen McLusky)
33:15 – Tips for using the FRN (Speaker: Galen McLusky)
36:00 – The Working Centre experience using the FRN (Speaker: Sue Collison)
41:15 – Q&A

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Virtual tax filing: Piloting a new way to file taxes for homebound seniors

WoodGreen Community Services, a large multi-service frontline social service agency in Toronto, provides free tax preparation services year-round to people living on low incomes. WoodGreen was interested in designing a novel solution to address the tax filing needs of homebound seniors who are unable to access WoodGreen’s free in-person tax-preparation services due to physical or mental health challenges. Specifically, WoodGreen wanted to know… How might we provide high-quality professional tax preparation services to all clients whether or not they are onsite? Prosper Canada and a leading commercial tax preparation software company partnered with WoodGreen Community Services in order to answer this design question.



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Supported Self-File: Piloting a new way to empower individuals to file taxes independently

English

Supported self-file process maps: English

Virtual self-file overview
Supported self-file: Piloting a new way to empower individuals to file taxes

French

Process maps: French

Présentation du modèle de production de déclaration de revenus virtuelle
Autoproduction assistée: Une nouvelle façon de rendre les gens autonomes à produire leur déclaration de revenus eux-mêmes

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Voice of Experience: Engaging people with lived experience of poverty in consultations

The engagement of Canadians with lived experiences of poverty in government consultations on poverty reduction is critical. But as hard as governments work to try to include people living in poverty as full participating members in their consultation processes, there are many barriers that continue to impede their participation. This paper explores what these barriers and impediments are.

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Social Prescribing in Ontario

Research has shown that even short-term isolation can have long-term impacts to mental health. Social and community supports are essential for vulnerable persons, especially during times of severe impacts to routine and imposed social distancing. This report discusses the findings of the Rx: Community - Social Prescribing in Ontario pilot, using social prescribing as a tool to better connect social and clinical care and broaden the definition of health and well-being. 



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Community Volunteer Income Tax Program (CVITP) provincial snapshots

This infographics from the Community Volunteer Income Tax Program (CVITP) show information about the program by province for the tax filing year 2019, including number of returns filed and amount of refunds and benefits accessed. 

The information is presented in English and French.

Les informations sont présentées en anglais et en français.



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Working Without a Net: Rethinking Canada’s social policy in the new age of work

This report explores the implications of new technologies on Canada’s economy and labour market and the adequacy of current social programs and policies supporting workers.



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System transformation in Ontario Works: Considerations for Ontario

This paper focuses on proposed system transformation in Ontario Works, and explores the possibilities and limitations associated with the proposed changes in 2018. First, it looks at the broader context within which the government’s social assistance reforms are taking place. Second, it provides an overview of what is known about some of the structural changes in social assistance to date, as well as an overview of experiences in other jurisdictions that have undertaken similar reforms. In conclusion, the paper outlines some key considerations and unresolved questions that the government will need to address before it can move forward with a plan for reform.



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Getting Legal Help: A Directory of Community Legal Clinics in Ontario

This resource provides a directory of community legal clinics in Ontario.

Community legal clinics provide information, advice, and representation on various legal issues, including social assistance, housing, refugee and immigration law, employment law, human rights, workers' compensation, consumer law, and the Canada Pension Plan. Some legal clinics do not handle all of these issues, but staff may be able to refer you to someone who can help.

Community legal clinics are staffed by lawyers, community legal workers, and sometimes law students. Each legal clinic is run by a volunteer board of directors with members from the community. All help is private and confidential and provided free of charge.



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Blended programs: Boosting financial education and participant outcomes

Resources

Handouts, slides, and time-stamps

Read the presentation slides for this webinar.

Handouts for this webinar:
How Savings Circles Works
Information about the Strive program

Time-stamps for the video recording:
3:35 – Agenda and introductions
6:00 – Audience polls
10:58 – Financial empowerment interventions (Speaker: Glenna Harris)
14:00 – Savings Circles program at Momentum (Speaker: Anna Jordan)
33:18 – Strive program (Speaker: Monica daPonte)
55:50 – Q&A

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Welfare in Canada, 2018

These reports look at the total incomes available to those relying on social assistance (often called “welfare”), taking into account tax credits and other benefits along with social assistance itself. The reports look at four different household types for each province and territory. Established by the Caledon Institute of Social Policy, Welfare in Canada is a continuation of the Welfare Incomes series originally published by the National Council of Welfare, based on the same approach.



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Urban Spotlight: Neighbourhood Financial Health Index findings for Canada’s cities

This report examines the financial health and vulnerability of households in Canada’s 35 largest cities, using a new composite index of household financial health at the neighbourhood level, the Neighbourhood Financial Health Index or NFHI. The NFHI is designed to shine a light on the dynamics underlying national trends, taking a closer look at what is happening at the provincial/territorial, community and neighbourhood levels.

Update July 22, 2022: Please note that the Neighbourhood Financial Health Index is no longer available



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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.



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Homelessness and Brain Injury – Program Findings




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Financial coaching for newcomers: Promising practices

Resources

Handouts, slides, and time-stamps

Read the presentation slides for this webinar

Access the handouts for this webinar:
Poster presentation: Financial Empowerment for Newcomers project
Infographics: Newcomer settlement stages, money matters, and client personas

Time-stamps for the video recording:
3:11 – Agenda and introductions
5:21 – Audience poll
8:25 – Introduction to Financial Empowerment for Newcomers project (Speaker: Glenna Harris)
11:25 – AXIS financial coaching program (Speaker: Sheri Abbot)
30:05 – North York Community House financial coaching program (Speaker: Noemi Garcia)
45:40 – Q&A

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Financial Empowerment for Newcomers infographic

This infographic displays data gathered from interviewing 53 newcomer participants in three provinces (Saskatchewan, Ontario, and Newfoundland) between August and October 2017. Learn more about the stages of newcomer settlement, key money topics and experiences of newcomers, and three types of newcomer client personas.



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Take the stress out of tax filing for people on low incomes

Resources

Handouts, slides, and time-stamps

Read the presentation slides for this webinar

Handouts for this webinar:
Tax time insights research report – webinar handout (Prosper Canada)
Income tax checklist – webinar handout (The Working Centre)
Form for missing income information – webinar handout (The Working Centre)
Income tax return summary sheet – webinar handout (The Working Centre)
Host checklist for tax clinics – webinar handout (The Working Centre)
Forms for rental information – webinar handout (The Working Centre)
Referral to FEPS – webinar handout (The Working Centre)

Time-stamps for the video-recording:
3:10 – Introductions and Agenda
6:32 – Audience polls
10:52 – Tax time insights: Experiences of people living on low incomes (Speaker: Nirupa Varatharasan)
26:00 – The Working Centre tax clinic experiences (Speaker: Jen Smerdon)

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Financial Resources for End of Life




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Insights on planning free tax clinics in Indigenous communities

This infographic by Prosper Canada features advice to help Indigenous communities and organizations set up free income tax clinics. Advice was shared by clinic volunteers through a roundtable and interviews as part of the First Nations Financial Wellness project.

 



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Partenariat pour l’impact de l’autonomisation financière

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Retiring on a low income: Learnings

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Future planning for people with disabilities

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MPower Money Coaching Program


This is the final report on the MPower Money Coaching Program. This program was a unique collaboration that brought together Prosper Canada, a national charity, Canada’s leading investment firms and investment industry associations, and the City of Toronto’s Employment and Social Services Division (TESS) to provide neutral, high quality financial help to people living on low incomes.




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Financial coaching insights

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Tax clinic planning for indigenous communities (2)

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Tax clinic planning for Indigenous communities (1)

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Financial Empowerment: Proven Strategies for Reducing Poverty in Ontario

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Opportunities Account for Youth in Care

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Choosing Financial Services Where the Options are Limited: A Report on a Survey of Financial Service Choice of Residents in Inner-city Neighbourhoods in Toronto, Vancouver & Winnipeg

https://learninghub.prospercanada.org/wp-content/uploads/2018/01/Prosper_Canada_Hub_weblogo.png 0 0 John Smith https://learninghub.prospercanada.org/wp-content/uploads/2018/01/Prosper_Canada_Hub_weblogo.png John Smith2017-11-29 09:28:182018-02-15 16:58:42Choosing Financial Services Where the Options are Limited: A Report on a Survey of Financial Service Choice of Residents in Inner-city Neighbourhoods in Toronto, Vancouver & Winnipeg
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Prosper Canada works with partners in all sectors to develop and promote financial policies, programs and resources that transform lives and help Canadians to prosper.
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