Discover financial empowerment resources
Discover financial empowerment resources
Artificial intelligence (AI) technology has made it easier to create convincing scams. From AI-generated phishing scams to voice cloning, the tricks are evolving, but you can still protect yourself. Access this resource to recognize the signs of a scam and stay...

In 2020, racialized individuals were less likely than non-racialized individuals to have income from multiple sources after the age of 65. Among all racialized individuals aged 65 and over, Japanese individuals were most likely to have private retirement income (74%) and investment income...

Canada is facing housing affordability challenges. In 2021, one in five households (20.9%) lived in unaffordable housing, defined as spending 30% or more of household total income on shelter costs (Statistics Canada, 2022c). Some estimates have projected a need for an additional 3.5 million housing...

The COVID-19 pandemic and post-pandemic recovery were “feast and famine” for the budgets of low-income families and individuals across Canada. Because of the income support programs put in place to help Canadians affected by workplace shutdowns, the poverty rate fell to 6.4% in 2020, down by...

In 2019, Canada’s National Housing Strategy Act recognized housing as a human right. This report highlights the progress, partnerships, and collective actions that have driven the right to housing movement forward, with a particular focus on key milestones and achievements in...

In 2024, close to half of First Nations people living off reserve (45%) and Métis (44%), and more than half of Inuit (54%) (all aged 15 years and older) reported that it was "difficult" or "very difficult" in the 12 months preceding the survey to meet their financial needs in terms of...

This 90-minute webinar is provided on a quarterly basis and is designed to provide frontline practitioners with foundational knowledge and skills to support Canadians who are living on a low income to access benefits. Participants learn the importance of access to benefits for individuals and...

The Government of Canada has created a digital toolkit for Black History Month 2025. Click on "Access this resource" to download a Black History month poster, a virtual background for video...

Money Smarts: My Financial Journey is an engaging board game designed for Indigenous youth aged 12 and older. The game introduces players to essential financial literacy concepts through realistic scenarios, encouraging them to develop practical skills for managing their own financial...

This research from early 2024 focuses on the perspectives of consumers as related to the individuals providing them with financial planning and/or financial advisory services. The research consisted of a survey of over 1,000 Ontario consumers, and two focus group discussions to supplement the...

The Financial Services Regulatory Authority of Ontario (FSRA) is responsible for protecting the rights of consumers in Ontario by promoting high standards of business conduct and transparency within the financial services they regulate. Financial services professionals are not required to use...

Whether you are buying insurance for your home or things you own, FSRA’s role as a regulator is to ensure that those selling insurance are licensed and following the legislation for property and casualty Insurance. Learn more by visiting the Financial Services Regulatory Authority of Ontario...

When you buy life or health insurance, FSRA protects you by ensuring insurance companies and life and health agents are properly licensed to operate in Ontario and that they comply with the Ontario Insurance Act. Learn more by visiting the Financial Services Regulatory Authority of Ontario...

This toolkit, presented by Pathways to Prosperity, features a variety of practices and programs that can be used to address and improve each of the characteristics of a welcoming community, as identified in Toolkit I: Measuring Welcoming Communities. The goal is to mobilize and facilitate the...

Rising housing costs have had an impact on the ability of families to move. This article, using data from the Canadian Social Survey (CSS), illustrates how higher prices have disproportionately affected the moving decisions of young Canadians, particularly those experiencing financial...

Financial literacy in the Black community is crucial for the economic prosperity of Black families across Canada. According to a 2015 report released by the Canadian Center for Policy Alternatives, 60 percent of Black Canadians fell into the bottom half of the national distribution of economic...

The Financial Consumer Agency of Canada’s (FCAC) report examines and compares key measures of financial well-being for 3 groups of Canadians: homeowners with mortgages, homeowners without mortgages, and renters. The data shown here are derived from FCAC’s COVID-19 Financial Well-being Survey....

Home ownership may be the biggest investment you’ll ever make, so it’s important to take your time. This resource by the Canadian Bankers Association outlines the types of mortgages, interest rate considerations, mortgage loan insurance, qualifying for a mortgage, renewing a mortgage and...

The Embedded Financial Coaching project builds on evidence that embedding financial coaching into employment services leads to stronger employment and financial well-being outcomes. This report provides insights on the project components including delivering financial coaching services, developing...

The Monthly Financial Well-being Monitor is a survey designed to collect information about Canadians' day-to-day financial management and financial well-being. It collects data from approximately 1,000 respondents per month and is a continuation of the COVID-19 Financial Well-being Survey, which...

Low-cost accounts cost a maximum of $4 per month in banking fees. The Government of Canada and certain financial institutions have an agreement to provide low-cost basic banking services. If you meet certain conditions, you may be eligible for a low-cost account at no cost. No-cost accounts have...

Women and girls are highlighted within Canada’s National Financial Literacy Strategy as a diverse population that can benefit from tailored approaches to strengthen financial resilience. To help close the gender gap, the Financial Consumer Agency of Canada (FCAC) developed and tested the benefits...

In 2023, the Financial Consumer Agency of Canada (FCAC) and researchers from Carleton University developed and tested the effectiveness of brief, online interventions at improving the financial confidence, financial knowledge and positive financial behaviours of young women ages 16–25. To...

This infographic provides a helpful visual summary of tax benefits that can add to income or reduce the taxes people in Canada pay when they file their tax return. The information is especially useful for people in Canada who: Are working or living on a low income; Live with a...

Money and Youth starts with an exploration of one’s values and covers how to make good decisions – and be aware of those who will try to influence decisions and how they can go about doing so. The book then proceeds through a learning framework looking at the challenges and opportunities of...
