If you’re curious about Canadians experiences with buying crypto assets, you’ll want to read the results of the OSC’s Crypto Assets 2023. It provides insights into the evolution of Canadians’ crypto ownership and knowledge. Read the 2022 crypto survey results...

Since 2020, the Bank of Canada has engaged with Canadians, the financial industry and civil society groups to better understand how a digital version of the Canadian dollar might affect everyone. Bilateral and roundtable discussions were held, as well as demographically representative focus groups...

Debt can be a useful financial tool. Loans can help you buy a car or a home. And if you use credit cards, you can sometimes collect other benefits like travel miles or points you can spend. However, too much debt can make it difficult to save money and limit your financial options now and in the...

Working poverty is pervasive, racialized, and until the pandemic, was increasing in Toronto and across Canada. Until the pandemic, this increase was counterintuitive, during 2006 to 2016, as most of this ten-year period had been characterized by one of the most prolonged economic recoveries in...

The Expanding Economic Opportunity Through Volunteer Income Tax Assistance (EEOVITA) cohort has been working to identify and engage targeted, underserved populations most at risk for missing out on the expanded Child Tax Credit (CTC) benefit. This project, which began in January 2022 and concludes...

Economies around the world have had some rough years recently. From a global pandemic, a bout of inflation, a disruption in supply chains, coping with a European war and ongoing concern about global financial stability. The Canadian economy has weathered these storms as well, if not better than...

In Canada, laws and regulations protect financial consumers, ensuring they are treated fairly and have access to essential banking services. These rules prioritize helping people achieve better financial outcomes, especially concerning homeownership and mortgage difficulties. The Canada Mortgage...

This is the 2023 report on the progress of Opportunity for All – Canada’s First Poverty Reduction Strategy (PRS). While COVID-19 still threatens communities in Canada and around the world, the public health measures have largely been lifted. Temporary economic measures have also ended. At the...

This article by the Ontario Securities Commission outlines what volatility is, how it may affect your returns on investment and 4 ways to deal with market...

November 26 is National Economic Abuse Awareness day.  The Canadian Centre for Women's Empowerment has published their report on the state of economic abuse in Canada; championing financially strong futures for survivors.  Here are some additional resources of potential interest: The economic...

Inflation tells us how much prices have changed year-over-year. It’s noticeable in the cost of everyday things, for example the price of a candy bar today compared to 20 years ago. Over time, increases in inflation tend to be offset by increases in wages, since inflation and wages both tend to...

The Community Volunteer Income Tax Program (CVITP) is a partnership between the Canada Revenue Agency (CRA) and local community organizations. The program is intended to ensure that all taxpayers have equal access to the tax system. In Grey and Bruce Counties, 14 community organizations provide...

Widespread household financial insecurity is an undeniably urgent crisis in the United States today. A stunning 51 percent of U.S. households have expenses that are equal to or greater than their income, and 55 percent lack the necessary savings to weather a simultaneous income drop and expense...

Food Banks Canada's all-new Poverty Report Cards initiative grades how poverty reduction efforts are going in the provincial, territorial, and federal governments. The report cards will help policymakers and decision-makers at all levels of government gauge their performance in the fight against...

To learn more about Canada's food and seed security, read the SeedChange Impact report 2022. This report shows how and where donations were distributed in 2022, the impact of their work and the global projects they are involved...

The combination of the COVID-19 pandemic, social unrest, and a severely distressed economy poses a real and significant crisis to an already fragile safety net for the 1.2 million people that comprise Canada’s diverse Black communities. The aim of this report is to provide a systematic analysis...

As cash use, access, and acceptance declines in Canada, vulnerable demographics are at risk of being left behind. For many, cash is more than just a method of payment. The growing pattern of electronic payments means that cash could become more scarce, threatening those who rely on it. While a...

When immigrants arrive in Canada, they face many financial challenges. From opening a bank account to using a credit card, from buying a house to paying for insurance, they may find it difficult to navigate the nuances of Canadian markets. Newcomers rely on industry professionals to assist them in...

In this blog, John Stapleton breaks explains income security and personal tax systems in Canada in the simplest way...

The FCAC has updated their dashboard that present the result of two FCAC surveys: the COVID-19 Financial Well-being Survey and the Survey on Canadians' use of Bank Products and Services. The dashboard was updated in July 2023 with data collected between August 2020 and May 2023. Some indicators...

Food insecurity is a significant public health problem for Indigenous peoples in Canada. A comprehensive literature review is needed to organize the evidence according to the 4 pillars of food security (i.e., availability, access, utilization, and stability) and identify gaps in the published...

Two articles released in Economic and Social Reports provide insights on the poverty rates and changing demographics of racialized population groups in Canada. The article "Poverty among racialized groups across generations," shows that most racialized groups had higher poverty rates...

At first glance, the latest FDIC National Survey of Unbanked and Underbanked Households findings are encouraging: rates of un- and underbanked households reached historic lows after trending downward for the last decade. Yet, a lack of access to quality banking remains a problem for nearly 25...

Crypto products are in news stories and in a lot of advertising. But what do Canadians really know about crypto investments and how they work and how they are regulated? The OSC’s Crypto Asset Survey provides useful insights about the crypto ownership and knowledge of Canadians. Key...

The Welfare in Canada 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...