Indigenous – Prosper Canada Learning Hub

Financial Health & Wealth

You worry about your family's physical, mental and spiritual health. You take care of yourself and make sure you and your family are healthy, safe and happy. Many people do not realize that you also need to be financially healthy.

Financial wellness is understanding and managing your own money. Money is a big way that others control and influence our lives. Sometimes we need to depend on others to give us money and tell us what to do with money. Opening a bank account, understanding where your money is coming from, and saving money will help you to become financially independent and financially healthy.

This report from The Native Women's Association of Canada covers the importance of financial health and has sections on financial information covering bank accounts, insurance, budgeting, saving, credit cards, car loans, income taxes and housing.

Household Food Insecurity in Canada, 2017-2018

Food insecurity – inadequate or uncertain access to food because of financial constraints – is a serious public health problem in Canada, and all indications are that the problem is getting worse.

Drawing on data for 103,500 households from Statistics Canada’s Canadian Community Health Survey conducted in 2017 and 2018, we found that 12.7% of households experienced some level of food insecurity in the previous 12 months. There were 4.4 million people, including more than 1.2 million children under the age of 18, living in food-insecure households in 2017-18. This is higher than any prior national estimate.

Labour Force Survey, April 2021

April Labour Force Survey (LFS) data reflect labour market conditions during the week of April 11 to 17.

3 Principles for an Antiracist, Equitable State Response to COVID-19 — and a Stronger Recovery

COVID-19’s effects have underscored the ways that racism, bias, and discrimination are embedded in health, social, and economic systems. Black, Indigenous, and Latinx people are experiencing higher rates of infection, hospitalization, and death, and people of color are also overrepresented in jobs that are at higher infection risk and hardest hit economically. Shaping these outcomes are structural barriers like wealth and income disparities, inadequate access to health care, and racial discrimination built into the health system and labor market.

This article discusses three recommended principles for guiding policymakers in making equity efforts.

Proposals for a Northern Market Basket Measure and its disposable income

As stated in the Poverty Reduction Act, the Market Basket Measure (MBM) is now Canada’s Official Poverty Line. The Northern Market Basket Measure (MBM-N) is an adaptation of the MBM that reflects life and conditions in two of the territories – Yukon and Northwest Territories^Note. As with the MBM, the MBM-N is comprised of five major components: food, clothing, transportation, shelter and other necessities. The MBM-N is intended to capture the spirit of the existing MBM (i.e., represent a modest, basic standard of living) while accounting for adjustments to the contents of the MBM to reflect life in the North.

This discussion paper describes a proposed methodology for the five components found in the MBM-N, as well as its disposable income. This discussion paper also provides an opportunity for feedback and comments on the proposed methodology of the MBM-N.

Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience

The federal budget released on April 19, 2021 covers the Canadian government's plan for:

Canadians’ Well-being in Year One of the COVID-19 Pandemic

Building Understanding: The First Report of the National Advisory Council on Poverty

In August 2018, the Government of Canada announced Opportunity for All – Canada's First Poverty Reduction Strategy. The Strategy included a commitment to the UN Sustainable Development Goal's target of reducing poverty by 20% by 2020 and 50% by 2030. Opportunity for All included the adoption of the Market Basket Measure (MBM) as Canada's Official Poverty Line and the creation of the National Advisory Council on Poverty (Council) to report on progress made toward the poverty reduction targets.

This is the first report of the National Advisory Council on Poverty. It continues Canada's discussion on poverty by bringing forward the voices of individuals with lived expertise of poverty. It details progress toward our poverty targets and recommends improvements to our poverty reduction efforts.

Opportunity for All – Canada’s First Poverty Reduction Strategy

Canada is a prosperous country, yet in 2015 roughly 1 in 8 Canadians lived in poverty. The vision of Opportunity for All – Canada's First Poverty Reduction Strategy is a Canada without poverty, because we all suffer when our fellow citizens are left behind. We are all in this together, from governments, to community organizations, to the private sector, to all Canadians who are working hard each and every day to provide for themselves and their families.

For the first time in Canada's history, the Strategy sets an official measure of poverty: Canada's Official Poverty Line, based on the cost of a basket of goods and services that individuals and families require to meet their basic needs and achieve a modest standard of living in communities across the country.

Opportunity for All sets, for the first time, ambitious and concrete poverty reduction targets: a 20% reduction in poverty by 2020 and a 50% reduction in poverty by 2030, which, relative to 2015 levels, will lead to the lowest poverty rate in Canada's history.

Through Opportunity for All, we are putting in place a National Advisory Council on Poverty to advise the Minister of Families, Children and Social Development on poverty reduction and to publicly report, in each year, on the progress that has been made toward poverty reduction.

The Government also proposes to introduce the first Poverty Reduction Act in Parliament in Canada’s history. This Act would entrench the targets, Canada's Official Poverty Line, and the Advisory Council into legislation.

Overcoming Digital Divides Workshop Series: Framing Paper

Canada’s digital divide has often been narrowly defined as the gap that exists between urban and rural broadband internet availability — Canadian urban centres have significantly greater internet subscription levels at faster speeds than rural communities.(Government of Canada, 2019). The cost of building new internet infrastructure in less developed areas continues to impede equitable access to sufficient internet services.

This series aims to engage people living in Canada, industry, academia and policymakers to advance a deeper, more nuanced understanding of the circumstances that precipitate the conditions that shape digital inequities in Canada. Through expert panel discussions and thoughtful participatory dialogue, the series aims to drive toward innovative solutions to greater digital inclusion across Canada. The series will be presented in six parts, each tackling a specific theme with unique concerns. The series will also build on intersectional connections across themes while identifying new issues and impacted communities.

State of the Child Report 2019

This report's release was part of Child Rights Education Week and also in celebration of the 30th anniversary of the United Nations Convention on the Rights of the Child (UNCRC). 2019 was declared the International Year of Indigenous Languages by the United Nations.

The report contains an overview of some of the serious challenges facing New Brunswick children and youth, including more than 200 statistics presented in the report’s Child Rights Indicators Framework. A special emphasis was placed on education rights.

Some of the concerning findings revealed in the report include:

nearly half of youths in poverty feel socially excluded;
half of all youths have no one they look up to; and
one in four youths with special needs does not feel that they belong at their school.

Creating Communities Where We Live – A Good Practices Guide

Creating Communities Where We Live - A Good Practices Guide is a locally-driven community-based researched project conducted in Edmonton, Alberta, by e4c and the University of Alberta Community Service-Learning program. The project seeks to add to the knowledge and practice of community care around supporting people to achieve a safe, secure, and affordable housing experience.

The 10 good practices in this guide describe structures, roles, and relationships which promote community and wellbeing for tenants who live in affordable housing. The practices are informed, in part, by research into tenant and staff experiences at affordable housing complexes run by four Edmonton housing providers.

Gender Results Framework: Data table on core housing need

Statistics Canada's Centre for Gender, Diversity and Inclusion Statistics has released an enhanced data table on the topic of core housing need. These statistics will be used by the Gender Results Framework, a whole-of-government tool designed to track gender equality in Canada.

Using data from the 2006 Census of Population, the 2016 Census of Population and the 2011 National Household Survey, the table shows the proportion of the population in core housing need by selected economic family characteristics.

This table includes a breakdown by province and territory, age group as well as other demographic characteristics such as population groups designated as visible minorities and Indigenous identity.

A profile of Canadians with a mobility disability and groups designated as visible minorities with a disability

Results from the 2017 Canadian Survey of Disability (CSD) have shown that over half of Canadians with a mobility disability need at least one workplace accommodation. Among population groups designated as visible minorities who have a disability, one-quarter considered themselves to be disadvantaged in employment because of their condition.

In recognition of the International Day of Persons with Disabilities, Statistics Canada released three new data products based on findings from the 2017 CSD. One infographic focuses on disabilities related to mobility and another takes a look at visible minorities with disabilities. In addition, two data tables, on industry and occupation of those with and without disabilities, are now available.

stats can - disability survey infographic

The Impact of COVID-19 on Women living with Disabilities in Canada

DisAbled Women’s Network (DAWNRAFH) Canada is a national, feminist, cross-disability organization whose mission is to end the poverty, isolation, discrimination and violence experienced
by Canadian women with disabilities and Deaf women.

People with disabilities, specifically women with disabilities face unique barriers related to Covid-19. This includes both the increased risk oftransmission and death from COVID-19, as well as the unique ways policies targeting COVID-19 impact this group. Prior to COVID-19 more than 50% of human rights complaints at the Federal, Provincial and Territorial levels in Canada for the last four years have been disability related, which speaks to systemic failures that have been exacerbated under COVID-19. In this brief, DAWN Canada highlights these unique considerations, as well as significant and existing policy gaps facing this group.

Labour Force Survey, October 2020

October Labour Force Survey (LFS) results reflect labour market conditions as of the week of October 11 to 17. By then, several provinces had tightened public health measures in response to a spike in COVID-19 cases. Unlike the widespread economic shutdown implemented in March and April, these measures were targeted at businesses where the risk of COVID transmission is thought to be greater, including indoor restaurants and bars and recreational facilities.

Employment increased by 84,000 (+0.5%) in October, after growing by an average of 2.7% per month since May. The unemployment rate was 8.9%, little changed from September.

Employment increases in several industries were partially offset by a decrease of 48,000 in the accommodation and food services industry, largely in Quebec.