This infographic from Statistics Canada shows the labour market outcomes for college and university graduates between 2010 and 2014. It shows the median employment income achieved by graduates of different education levels, 2 years and 5 years post-graduation. Overall, it shows that people with...
This is the video recording of the AFOA 2014 Conference panel on Indigenous Financial Literacy. In this session, Liz Mulholland, Dr. Paulette Tremblay, Simon Brascoupe, and Darren Googoo discuss Indigneous financial wellness, financial literacy, and community...
A major national survey conducted in 2016 reveals a bold portrait of Canada’s Millennials (those born between 1980 and 1995), that for the first time presents the social values of this generation, and the distinct segments that help make sense of the different and often contradictory stereotypes...
An infographic highlighting how to attend post-secondary education with no student debt. It shows how a family eligible for the Canada Learning Bond, with average family savings, student earnings and available grants can cover the cost of post-secondary education (PSE) with no need to...
Using data from a survey of young, enlisted Army service members, we explore whether soldiers have emergency funds and other types of savings. We find different sets of predictors for having an emergency fund and for the amount held in the fund. In general, education and money management...
This is a pre-budget presentation from the Government of Canada on the state of the middle class in Canada. Middle class challenges, successes, and government commitments. All Canadians benefit from strong, sustained, and inclusive economic growth and everyone has a real and fair chance at economic...
Canada’s performance in higher education and skills development has been fairly strong for many years. On key measures we are at or near the top of international rankings and our highly skilled people contribute to economic competitiveness, social innovation, and political and community...
We use data for a large sample of Ontario students who are observed over five years from their initial entry into high school to study differences in postsecondary education participation. The students are grouped by average neighbourhood income and birthplace (Canadian or foreign‐born). We find...
In order to monitor the financial and economic status of American consumers, the Federal Reserve Board conducted the third annual Survey of Household Economics and Decisionmaking in October and November 2015. This survey provides insights into the well-being of households and consumers, and...
We characterize rates of intergenerational income mobility at each college in the United States using administrative data for over 30 million college students from 1999-2013. First, access to colleges varies greatly by parent income. Second, children from low and high-income families have very...
As of 2011, 43 percent of families endured swings of more than 25 percent. Such fluctuations, also called income volatility, make it difficult for families to plan, pay regular expenses, save, or pay down debt. But little research has investigated and compared the impact of changes in year-to-year...
In this chapter I examine whether and how the relationship between family socioeconomic characteristics and academic achievement has changed during the last fifty years. In particular, I investigate the extent to which the rising income inequality of the last four decades has been paralleled by a...
This is the first in a series of @ Issue Papers that looks at the participation of traditionally under-represented cohorts in postsecondary education. The purpose of this @ Issue Paper is to summarize what is currently known about the participation of low-income students in PSE, with a particular...
There is mounting evidence that the issues of financial, physical, and mental health are inexorably linked. Among funders, growing awareness of this intersection is sparking an exciting expansion of focused investments in both asset building and health promotion/disease prevention. This brief will...
This overview paper broadly outlines the types of strategies being used to help people move up from poverty. It lays out basic categories for classifying such programs, explains the logic of various approaches, and offers some broad pros and cons of various types of interventions. The accompanying...
The Consumer Financial Protection Bureau (the CFPB) looked at the information sources consumers are exposed to when they make financial decisions. Empowering consumers to make the financial decisions that will help them meet their own life goals is a critical part of the mission of the CFPB. To...
The purpose of this white paper is to outline how the ongoing struggle of many consumers to manage their finances can be mitigated in the future by focusing specifically on youth financial education. What we propose here is a comprehensive strategy to impart personal financial-management skills to...
Aboriginal women share some of the same demographic and socioeconomic characteristics as other women in Canada; however, there are also many important differences. Generally speaking, Aboriginal people in Canada are defined as three unique and distinct groups: First Nations (North American Indian),...
This is the slide deck from a webinar by Community Action Partnership for the CFED, on the racial wealth divide and the challenge of wealth building for families of color in the United States. Racial Inequality has always had economic inequality at its foundation....
This brief examines the financial challenges confronting low-income older adults, with a focus on housing costs. It estimates the share of adults who have inadequate income, reports their income sources, and describes their spending patterns. Data come from the American Community Survey and the...
This study explores relationships between selected social determinants of health and health outcomes for the off-reserve First Nations population aged 15 and older. The data are from the 2012 Aboriginal Peoples Survey (APS), and cover topics such as chronic conditions, smoking, alcohol consumption,...
This report focuses on the role that policy design can have on closing the country’s unrelenting and unacceptable racial wealth divide. We utilize a new framework—The Racial Wealth Audit—launched jointly by the Institute on Assets and Social Policy at Brandeis University (IASP) and Demos to...
While the recession may technically draw to a close in the third quarter, its reverberations will be felt for some time. Most notably, recovery will be sluggish relative to that in the wake of past recessions. Unemployment will continue to rise into 2010 as re-hiring proceeds slowly and more...
People living on low incomes have historically been excluded from politics and policy debates, even when the question at hand is how poverty can be reduced or its impacts mitigated. The aim of this research was to explore how people on low incomes perceive politics, understand how far they feel...
This is a financial planning guide developed by OCAD Financial Aid, to help art and design students learn about financial goals, spending, money management, and other...