Discover financial empowerment resources
Discover financial empowerment resources
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...
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...
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...
The CRA has compiled benefits and credits factsheets for: Students Persons with disabilities Modest income individuals Housing insecure individuals Adults 65 and older Women in shelters Indigenous peoples Newcomers These are available in English and...
Confused about whether to contribute to an RRSP or TFSA? Both offer tax advantages to help you reach your savings goals. If you need to choose between the two, you can learn about the differences in this article by the Ontario Securities Commission...
In response to Canada's Anti-Racism Strategy, Statistics Canada's Centre for Gender, Diversity and Inclusion Statistics is releasing a second set of five data tables on social inclusion. Over 20 new indicators, for a total of over 120 indicators, can now be used to examine various...
Your credit card can help you make purchases quickly without needing to have cash on hand. Follow these tips by the Ontario Securities Commission to use your credit card...
Saving for your child’s education can be difficult, especially if you are trying to save for multiple goals or pay down debt at the same time. The federal government offers contributions to your child’s Registered Education Savings Program (RESP) through its grant programs: the Canada...
When inflation rates go up, it can be tempting to look for ways to grow your money at rates higher than the rate of inflation. Investing can feel more appealing than the average savings account. While it’s important to stay the course on your investing goals, don’t neglect your savings. There...
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...
Questions and answers released by the Canada Revenue Agency (CRA) about filing your taxes, including information on: Prior to filing your tax return changing your address getting someone else permission to access your tax information getting free tax help Filing your tax...
Identity thieves try to use your personal information to take money from your bank account, shop with your credit card, or even commit crimes in your name. This publication explains how to spot the warning signs of identity theft, how to protect yourself, and what you can do if it happens to...
This resource provides a list of free legal information resources produced by Community Legal Education Ontario...
This fact sheet from the Government of Canada answers Frequently Asked Questions about the Canada Education Savings Plan. This includes details about the Canada Learning Bond, the Canada Education Savings Grant, and Registered Education Savings Plans...
Women own, on average, only 32 cents for every $1 owned by a man in America. Women of color have even less. Both the gender wage gap and the gender wealth gap need to be taken into account to address threats to women's economic...
This fact sheet provides insights from Prosper Canada's Financial Empowerment for Newcomers pilot project conducted with three newcomer-serving organizations, Saskatoon Open Door Society (SODS), AXIS Employment Services (AXIS), and North York Community House (NYCH), who implemented and integrated...
This fact sheet from ESDC explains how to open an RESP and access the Canada Learning...
This one-page fact sheet tells you everything you need to know to make your child's future possibilities grow! The Canada Learning Bond (CLB) is a grant of $500 up to $2000 from the Government of Canada to eligible families to help with the cost of a child’s education after high school. It...
