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...

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...

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...

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...

A collaborative project with provinces to integrate economic, financial and enterprise education into the compulsory school curriculum. See the Building Futures in Manitoba, the Building Futures in Ontario and the new Building Futures in Alberta web sites for more information on these programs and...

Community organizations play a vital role in supporting people. In these difficult economic times, helping community members strengthen their financial literacy and build their financial resilience is essential for helping them to navigate financial challenges.   Building on Financial Consumer...

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...

Six years of data from the TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) clearly demonstrate that U.S. adults with greater financial literacy tend to have better financial well-being. This report shows that retirement readiness, a specific realm of financial well-being, likewise tends...

This presentation at the Canadian Economics Association by Professor Annamaria Lusardi, looks at how we measure financial literacy, how we measure the impact of financial literacy on behaviour, how this data and these findings may be used to design policy and programs and what the implications for...

Recent increases in the cost of living and declining real estate values had unprecedented impacts on net saving and wealth for more financially vulnerable households in the first quarter, such as those with lower incomes, less wealth, and in younger age groups. Statistics Canada has gathered data...

A prolonged period of rising inflation and interest rates has led to another significant downturn in the financial wellbeing of adult Canadians, risking their retirement readiness and security, according to the 2023 Canadian Retirement Survey from Healthcare of Ontario Pension Plan (HOOPP) and...

This webinar provides frontline practitioners with recently created tools to support Canadians who are living on a low income to manage their money and learn about saving and investing. Participants will be taken on a guided tour of our new Making the most of your money online course and then...

All investments come with risk. Generally, the higher the potential return an investment offers, the higher the risk. But there is no guarantee higher risk investments will pay off with higher growth or dividends. That’s why it’s important to know how much risk you are comfortable with....

You worry about your family's physical, mental and spiritual health. You take care of yourself and make sure you and your family are healthy, safe and happy. Many people do not realize that you also need to be financially healthy.  Financial wellness is understanding and managing your own money....

Managing money is challenging. In the current economic environment, it has become even more difficult. For people living on a low-income, managing the day-to-day expenses, let alone life changes or emergencies, can be overwhelming.   Prosper Canada has created an online course that you can share...

The average Canadian tax return amount in 2023 is $2,072 and that money can go a long way when it comes to meeting your financial goals. But remember, this isn’t a cash windfall; it’s YOUR money that the government borrowed from you, so Credit Canada recommends using it for needs versus...

Make it Count is a parent's resource for youth money management provided by the Manitoba Securities Commission that provides activities and tips to help you incorporate youth money management lessons into your daily routine. You can easily turn errands into education.  Disponible en...

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...

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...

In honor of Black History Month, BestColleges in the United States interviewed financial expert Terrance Dedrick to help curate a financial literacy resource for Black and African Americans. This article includes links to these organizations in the United States that cater to Black and African...

A Registered Retirement Savings Plan (RRSP) can help you save for retirement while also saving at tax time — or even getting a rebate. The articles from the Ontario Securities Commission (OSC) can help you understand more about opening, contributing to, and withdrawing from an...

Money Matters is a free introductory financial literacy program for adult learners that has been delivered to Canadians since 2011 and has reached over 80,000 adults. It was developed by ABC Life Literacy Canada in partnership with the Government of Canada and TD Bank Group and was designed by...

The Angus Reid institute reported from a recent study that 50% of Canadians couldn’t manage an unexpected expense of $1000 or more. In the same study, when Albertans were asked what they would do with a surprise bonus or gift of $5000, 46% said they would use it to pay down debt. Only 41% said...

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...