In time for Financial Literacy Month, the Financial Consumer Agency of Canada has released several resources on their website.  Checking up on your progress in managing and paying down debt is an important part of maintaining your overall financial health.  This infographic outlines how to...

This article by Credit Canada helps determine whether it's better to save for the future or pay off existing debts.  The "priority pyramid" is a method of visualizing your areas of financial focus from most important to least...

This is a custom report produced by Statistics Canada in collaboration with the Assembly of First Nations. It includes key social and economic statistics regarding Status First Nations people living on and off reserve and includes comparisons with the non-Indigenous...

This toolkit was created to support the Virtual Self Filing tax filing model piloted in 2020-2022 by Canadian community agencies. In this model, individuals file their own tax returns, but receive support from community agency staff or volunteers to do so. In 2023, this toolkit was updated to...

Owning stocks means you own equity in a company. Stocks are traded on a stock exchange.  Learn more about stocks and how they work by visiting the new...

There are rules about how much money a person living on Ontario Works can receive in gifts or “voluntary payments”. Generally, a person living on Ontario Works can receive gifts up to a maximum of $10,000 in a 12-month period. There are rules around reporting gifts, and decisions on how to...

In 2014, the government of BC declared October RDSP Awareness Month to help raise awareness about the Registered Disability Savings Plan (RDSP). The RDSP is the world’s first savings plan specifically designed for people with disabilities. Even with little to no personal contributions, there are...

It's never too early or too late to learn about your retirement options and plan for your future. Using the Government of Canada's newly launched Retirement Hub, find out about public pensions, when to collect them and tips to consider for your retirement income. Get started using their...

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...

The weekly themes for Financial Literacy Month 2023 are: Week 1 (November 1-4): Get the pulse on your financial health – What is financial health and why is it important? Week 2 (November 5-11): Check up on your debt – Check up on your progress in managing and paying down debt. Week 3...

Investing offers a way to potentially grow your money in a different way from savings. Many common investments involve the stock market. Head to the Ontario Securities Commission website to learn more about how investing...

Drawing on survey and interview data, as well as data from Daily Bread and North York Harvest’s member agencies, the 2022 Who’s Hungry report examines trends in food bank use and food insecurity over the past year in relation to three core areas: income and employment, housing, and the cost of...

Did you know Canadians have the highest level of household debt in the G7? While debt can be useful it can also be stressful. Consider trying some solid strategies to help you tackle your debt and get on firmer financial...

Employment and income experiences for persons with disabilities often differ from persons without disabilities. Barriers to accessibility within these areas often lead to lower employment rates and decreased income levels for persons with disabilities, in relation to persons without...

There are many options to deal with debt, but if it sounds too good to be true—it probably is. Ask questions and shop around to avoid paying unnecessary fees. The Office of the Superintendent of Bankruptcy Canada has put together a host of useful tools around debt based on an individual's...

A credit card allows you to borrow a pre-approved amount of money. It may help you pay for goods and services. When using a credit card, you must pay your minimum payment by the due date. If you don’t pay your balance in full, your credit card issuer usually charges an interest fee. Credit card...

Take stock of your RRSP, annuities, benefits, and whether you want to rely on your home as a source of retirement...

The Ontario Securities Commission (OSC) has shared three tax credits seniors should know about: Age amount Disability amount (for yourself) Pension income amount You may also learn more about sharing tax credits and splitting pension income with your...

Digital literacy skills have become essential. Computers and other digital devices are increasingly part of everyday life; they’ve changed how we do things, and they’re going to keep changing how we do things. To keep up, we need to keep learning so that we can continue to thrive at home, at...

World Elder Abuse Awareness Day takes place each year on June 15th and is a good opportunity to remind ourselves, friends and family about the importance of recognizing the signs of financial abuse and taking preventative measures.  Older adults are often the target of financial abuse, but anyone...

While there is no official definition of responsible or sustainable investing, many investors would like to adopt an investment approach that combines environmental, socials and governance (ESG) factors with traditional financial research. The Autorité des marchés financiers has compiled...

A comprehensive learning program that provides basic information and tools to help adults manage their personal finances and gain the confidence they need to make better financial decisions. Learn more about the program and how to use the learning...

There are many reasons why someone might be struggling financially. Job loss, health challenges, or a sudden financial emergency could cause hardship, preventing someone from staying afloat. In times like these, it’s not uncommon for someone to ask for help from friends or family. Before agreeing...

There are many good reasons to keep up to date on your tax filing each year. You may file a tax return even if you don’t have any income. It could help you access certain refundable tax credits and other...

Saving is an important part of financial well-being. Saving money helps you manage short-term needs such as day-to-day spending. It protects you and your family during emergencies. It is the key to reaching your future hopes and dreams. Maybe you are recovering from a hard time financially and...