Discover financial empowerment resources
Discover financial empowerment resources
The Nova Scotia Securities Commission has investor education videos covering a range of topics from recognizing frauds and scams to learning more about investing and compound interest. Access this resource to see them...
Having a small emergency fund can alleviate major stress. Putting a few dollars away each month can help you prepare for the unexpected. Watch this new video by the Ontario Securities Commission to learn...
There are many ways to invest. Your choices will depend on your goals, your timeline and your willingness and ability to accept risk. It’s important to know some basics. Investing puts your money to work to achieve your financial goals. One way is to earn interest on a sum of money you invest....
Tax-free savings accounts (TFSAs) are designed to help Canadians save more. This comprehensive resource page by the Ontario Securities Commission will help you learn more about TFSAs, what the annual contribution limits are, how to make transfers between TFSAs and the penalties for breaking...
Take stock of your RRSP, annuities, benefits, and whether you want to rely on your home as a source of retirement...
CPA Canada developed the Financial Wellness Guide to help you understand money basics. Complete the online questionnaire to get straightforward tools and information, based on your financial situation, that will help you with your financial...
People save for different reasons. For instance, you may want to save for emergencies, or for your children’s education, or for your old age. Having goals for your savings helps to keep you motivated. You sleep better knowing you have some money set aside. Saving accounts earn interest. That...
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...
Some emergencies in life can affect you financially. You could get sick, lose your job, or have a costly repair to your car or home. One of the best ways to cope with unexpected financial changes is to have an emergency fund. Ideally, this fund would provide enough money to cover your essential...
A Tax-Free Savings Account (TFSA) can be used to save for any goal. You put after-tax dollars into a TFSA, but your investments grow tax-free and you won’t pay any tax on withdrawal. Use this calculator to estimate the value of the investments in your TFSA when you’re ready to withdraw them,...
Whether you’re new to investing, or new to Canada, InvestingIntroduction.ca can help. Visit the Ontario Securities Commission's refreshed website and find resources to help you make more informed investment decisions and better protect your money. The information is available in 22...
Banks offer extensive information on how newcomers to Canada can get started in their new country, including checklists, information, financial services and advice. The Canadian Bankers Association has compiled some basic information to get you started including an infographic with features of the...
Matched Savings programs, or Individual Development Accounts, are a financial empowerment strategy that aim to build financial stability and reduce poverty. These programs build sustainable livelihoods by working with participants to earn savings while learning about money management, build regular...
This booklet contains information on retirement planning on a low income. Topics include four things to think about for low income retirement planning, a background paper on maximizing the Guaranteed Income Supplement (GIS), and determining Old Age Security (OAS) and GIS eligibility for people who...
The introduction of Tax-Free Savings Accounts (TFSAs) in 2009 transformed how Canadians save. One of the main reasons for creating TFSAs was to provide a taxassisted savings instrument for low-income Canadians to enable them to improve their retirement income. Now, 10 years later, many low-income...
This calculator will help you estimate the value of the investments in your TFSA when you’re ready to withdraw them, and compare this amount to the value of your investments in a non-registered plan to see your overall estimated tax...