This toolkit, presented by Pathways to Prosperity, features a variety of practices and programs that can be used to address and improve each of the characteristics of a welcoming community, as identified in Toolkit I: Measuring Welcoming Communities. The goal is to mobilize and facilitate the...

Rising housing costs have had an impact on the ability of families to move. This article, using data from the Canadian Social Survey (CSS), illustrates how higher prices have disproportionately affected the moving decisions of young Canadians, particularly those experiencing financial...

Financial literacy in the Black community is crucial for the economic prosperity of Black families across Canada. According to a 2015 report released by the Canadian Center for Policy Alternatives, 60 percent of Black Canadians fell into the bottom half of the national distribution of economic...

The Financial Consumer Agency of Canada’s (FCAC) report examines and compares key measures of financial well-being for 3 groups of Canadians: homeowners with mortgages, homeowners without mortgages, and renters. The data shown here are derived from FCAC’s COVID-19 Financial Well-being Survey....

Home ownership may be the biggest investment you’ll ever make, so it’s important to take your time. This resource by the Canadian Bankers Association outlines the types of mortgages, interest rate considerations, mortgage loan insurance, qualifying for a mortgage, renewing a mortgage and...

The Embedded Financial Coaching project builds on evidence that embedding financial coaching into employment services leads to stronger employment and financial well-being outcomes. This report provides insights on the project components including delivering financial coaching services, developing...

The Monthly Financial Well-being Monitor is a survey designed to collect information about Canadians' day-to-day financial management and financial well-being. It collects data from approximately 1,000 respondents per month and is a continuation of the COVID-19 Financial Well-being Survey, which...

Low-cost accounts cost a maximum of $4 per month in banking fees. The Government of Canada and certain financial institutions have an agreement to provide low-cost basic banking services. If you meet certain conditions, you may be eligible for a low-cost account at no cost. No-cost accounts have...

Women and girls are highlighted within Canada’s National Financial Literacy Strategy as a diverse population that can benefit from tailored approaches to strengthen financial resilience. To help close the gender gap, the Financial Consumer Agency of Canada (FCAC) developed and tested the benefits...

In 2023, the Financial Consumer Agency of Canada (FCAC) and researchers from Carleton University developed and tested the effectiveness of brief, online interventions at improving the financial confidence, financial knowledge and positive financial behaviours of young women ages 16–25. To...

This infographic provides a helpful visual summary of tax benefits that can add to income or reduce the taxes people in Canada pay when they file their tax return. The information is especially useful for people in Canada who: Are working or living on a low income; Live with a...

Money and Youth starts with an exploration of one’s values and covers how to make good decisions – and be aware of those who will try to influence decisions and how they can go about doing so. The book then proceeds through a learning framework looking at the challenges and opportunities of...

The findings in this report highlight the important role of Old Age Security in reducing poverty, with payments under this program making up a large share of annual income for older adults in Toronto’s lowest income deciles. However, too many eligible older adults in Toronto are not receiving OAS...

To give you confidence when seeking advice from anyone using a Financial Planner or Financial Advisor, or similar, title in Ontario, FSRA requires these individuals meet a minimum standard of education and be supervised by a FSRA-approved credentialing body.  Use this website to: Check...

Financial Services Regulatory Authority is responsible for registering all federally incorporated loan and trust companies that do business in Ontario. They enforce the Loan and Trust Corporations Act that govern loan and trust companies. Use this website to learn more about: How to find a...

FSRA’s role as regulator is to ensure pension plans meet the legal standards in the Pension Benefits Act. They can also help you if you can’t get the information you need from your plan administrator or want to file a complaint about your pension plan. Use this website to learn more...

Financial Services Regulatory Authority, through the Deposit Insurance Reserve Fund (DIRF), provides coverage of non-registered insurable deposits, such as a chequing or savings accounts, up to a maximum amount of $250,000, while deposits in registered accounts, such as RRSPs or TFSAs, have...

 Under the Mortgage Brokerages, Lenders and Administrators Act, 2006 (MBLAA) all individuals and businesses in Ontario who carry out regulated mortgage brokering activities must be licensed with the Financial Services Regulatory Authority unless otherwise exempted by the Act. As regulator, their...

Financial Services Regulatory Authority’s role, as a regulator, is to ensure that insurance companies’ proposed rates are fair and not excessive. This website will help you learn about: What to do after an accident How to save on auto insurance Filing a complaint Getting an auto...

The Money Matters resources are for use at home and in workshops and activities that are also free for participants. These workbooks are available in several formats and languages. Topics include: Spending Plans Banking Basics Borrowing Money Ways to Save Smart Shopping Building...

This year marks the 35th anniversary since the passing of the unanimous all-party federal resolution to end child poverty in Canada by the year 2000. Using tax filer data from 2022, the latest available, this year’s report card found a troubling trend: child poverty increased at record rates two...

The Dollars Seen Differently podcast breaks down financial topics to make them more accessible for people who are blind, Deafblind or have low vision. Hosted by Ryan Hooey, each episode features a down-to-earth conversation with financial experts, offering practical tips and resources on topics...

The Working Centre in Kitchener-Waterloo has been dedicated to aiding marginalized populations for over 40 years. In partnership with Prosper Canada, it embarked on an initiative to connect the populations they serve to government benefits and tax filing support.  Recognizing the intricate...

Financial coaching (FC) is a transformative approach that empowers individuals to take control of their financial future. Through personalized interventions such as assessing financial positions, creating budgets, managing credit, accessing benefits, and filing taxes, financial coaching equips...

The Canada Disability Benefit website is managed by Plan Institute, a national non-profit organization based in Burnaby, BC. The purpose is to provide individuals, families, and professionals across Canada with up-to-date information and resources on the Canada Disability Benefit (CDB). Their...