This document is a compilation of best practices and recommendations from a wide range of resources that Prosperity Now’s Racial Wealth Divide Initiative (RWDI) and Communications teams thought would be helpful for naming, framing, defining and understanding the issue of racial economic equity....

Children’s Savings Account (CSA) programs offer a promising strategy to build a college-bound identity and make post-secondary education an achievable goal for more low- and moderate-income children. CSAs provide children (starting in elementary school or younger) with savings accounts and...

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 TerritoriesNote. As with...

The Investor Office conducted this study to further our understanding of the experiences and behaviours of retail investors during the COVID-19 Pandemic. The study explored several topics including the financial preparedness, savings behaviour, financial situations, changing preference, and...

The effects of the COVID-19 pandemic have been profound and far-reaching. Beyond endangering the health of Canadians, the pandemic has worsened inequalities among groups of people. Women, girls and gender-diverse people have faced unique challenges during the pandemic. The Committee recommends...

The federal budget released on April 19, 2021 covers the Canadian government's plan for: Part 1 - Finishing the Fight Against COVID-19 Chapter 1: Keeping Canadians Healthy and Safe Chapter 2: Seeing Canadians and Businesses Through to Recovery Part 2 - Creating Jobs and...

Given the scope and the diversity of the reports and studies that examined the impacts of the pandemic on well-being, it can be challenging to absorb and understand all the ways in which quality of life has been affected by COVID-19. The well-being literature offers an approach that may help. This...

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...

Based on an extensive literature review and re-analysis of existing qualitative data, this report offers a working definition and an a priori conceptual model of financial well-being and its possible determinants. Using survey data from Norway (2016), ten regression models have been conducted to...

The Toronto Central Local Health Integration Network (Toronto Central LHIN) provided financial support to establish the Measuring Health Equity Project and has called for recommendations on health equity data use and a sustainability approach for future data collection. This report describes the...

A Racial Equity Impact Assessment (REIA) is a systematic examination of how different racial and ethnic groups will likely be affected by a proposed action or decision. REIAs are used to minimize unanticipated adverse consequences in a variety of contexts, including the analysis of proposed...

There is a growing "colour-coded" inequity and disparity in Ontario that has resulted in an inequality of learning outcomes, of health status, of employment opportunity and income prospects, of life opportunities, and ultimately of life outcomes. Colour of Poverty-Colour of Change believes that it...

In November 2017, the Minister of National Revenue, the Honourable Diane Lebouthillier, announced the creation of the Disability Advisory Committee to provide advice to the Canada Revenue Agency (CRA) on interpreting and administering tax measures for persons with disabilities in a fair,...

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...

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...

In the context of the COVID-19 pandemic, many Canadians, including Black Canadians, have experienced significant economic hardship, while others put themselves at risk through their work in essential industries such as health care and social assistance. Statistics Canada looked at how the 1...

The money management courses are offered online, on demand, for free. Learn at your own pace and on your own schedule on a variety of topics, including: budgeting credit assets banking consumerism education...

New data tables on the labour activities of Indigenous Peoples are now available. Data are from the 2017 Aboriginal Peoples Survey and include information on labour force status, job satisfaction, skills training, skills that limit job opportunities, job permanency, part-time or full-time job...

Tables on the income and mobility of immigrants by economic region, and a table on asylum claimant economic outcomes, are now available. These tables use data from the Longitudinal Immigration...

The labour market in Canada has experienced unprecedented changes over the last 12 months. Entire sectors of the economy have been subject to temporary restrictions on business activities as a result of public health measures aimed at limiting the spread of COVID-19. At the same time, many...

The most recent 2018 data from the Longitudinal Immigration Database (IMDB) indicate that immigrant children make a significant contribution to Canadian society and the Canadian economy over time. Although immigrant children (32.2%) are more than twice as likely as non-immigrant children (15.4%)...

This study covers the rapidly growing literature on the causal effects of financial education programs in a meta-analysis of 76 randomized experiments with a total sample size of over 160,000 individuals. The evidence shows that financial education programs have, on average, positive causal...

This video series offers concise summaries of in-depth academic and practitioner presentations, in plain English, for dissemination to a worldwide audience. For convenient viewing, most videos are between three and six minutes...

The TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) measures knowledge and understanding that enable sound financial decision making and effective management of personal finances among U.S. adults. The P-Fin Index is an annual survey developed by the TIAA Institute and the Global...

On March 9th, 2018, leading American and Canadian researchers and policy makers from all sectors gathered in Toronto to explore the question: Growing household financial instability: Is income volatility the hidden culprit? The policy research symposium was an invitational event co-hosted by the...