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....

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...

The Multiplying Movement: The State of the Children’s Savings Field 2022 shares findings from Prosperity Now’s 2022 Children’s Savings Account (CSA) program survey. The report highlights the incredible growth of the field with over 4.9 million children and youth with CSAs across the US. In...

The Financial Consumer Agency of Canada’s (FCAC) COVID-19 Financial Well-being Survey, which began in August 2020, is a nationally representative hybrid online-phone survey fielded monthly, with approximately 1,000 respondents per month. The survey collects information on Canadians’ day-to-day...

This study uses the 2022 Portrait of Canadian Society Survey to examine the impact of rising inflation on the lowest income Canadians. Using multiple pre-pandemic data sources, the study takes a closer look at people living in the bottom family income quintile, examining their family income, debt...

The Consumer Price Index (CPI) rose 6.8% on an annual average basis in 2022, following gains of 3.4% in 2021 and of 0.7% in 2020. The increase in 2022 was a 40-year high, the largest increase since 1982 (+10.9%). Excluding energy, the annual average CPI rose 5.7% in 2022 compared...

Using data provided by provincial and territorial government sources, Welfare in Canada, 2021 describes the components of welfare incomes, how they have changed from previous years, and how they compared to low-income thresholds. Access the report here.  During the launch event, the report’s...

The forced transition from in-person to online activities as a result of the COVID-19 pandemic has had a profound impact on how families and communities buy groceries, acquire medical care, and utilize social services. This rapid shift has raised important questions about how to address access and...

The ballooning cost of living has had a disproportionate impact on low-income households, 77.6% of whom are financially vulnerable or extremely financially vulnerable. Prosper Canada's recently commissioned study from the Financial Resilience Institute, shows the unarguable deteriorating state of...

This report provides a call to action for more targeted support from policymakers, financial institutions and community non profit organizations for low-income households and Canadian households who are more financially vulnerable. This is particularly important given inequities, systemic barriers...

Drive through a low-income neighborhood in virtually any American city and it quickly becomes apparent that the area’s financial health is at risk. The giveaway? The abundance of payday lenders. According to the St. Louis Federal Reserve, there are now more than 20,000 of these organizations...

How we define financial vulnerability ultimately determines what supports are created and for whom. Is the current definition aimed at helping everyone who needs it? This webinar explores the conception and redefining of financial vulnerability in Canada based on the research and findings from the...

Social prescribing is a means of connecting people to a range of community services and activities to improve their health and well-being. These services vary based on each person’s needs and interests, and can include food subsidies, transportation, fitness classes, arts and culture engagement,...

The Canadian Institute for Social Prescribing (CISP) is a new national hub to link people and share practices that connect people to community-based supports and services that can help improve their health and...

According to Employee Benefit Research Institute (EBRI), workers with household incomes of $75,000 or more are more than twice as likely to say they feel they can handle an emergency expense than those with household incomes of less than $35,000. This report outlines the results of the 2022 survey...

Workers earning low to moderate incomes (LMI) continue to face challenges in financial security. The COVID-19 pandemic exacerbated the financial situation of many workers earning LMI. Along with the current macroeconomic environment, it has become even more challenging to build liquid savings for...

The Thriving or Surviving study uncovers the kitchen table issues that confront Canadians daily, revealing how the country is coping with concerns such as debt, savings, emergency funds and financial...

Improving people’s financial circumstances has never been more critical. Disadvantaged population groups have experienced even higher levels of financial strain and poor financial wellbeing during the pandemic. This has negatively impacted their physical and mental health. To support efforts to...

With speakers from CCFWE, Johannah Brockie - Program Manager for Advocacy and System Change and Jessica Tran - Program Manager for Education and Awareness, this webinar will guide you through the definition of economic abuse, how to identify an economic abuser, impacts of economic abuse, Covid-19...

This infographic explores 3 forms of economic abuse and associated tactics used to coercively control intimate partners. These abusive tactics are compounded by economic systems that systemically oppress groups including Black, Indigenous, and people of colour; people with disabilities; people...

Education after high school, or postsecondary education (PSE), is an important determinant of individuals’ future opportunities, as well as their health and even lifespan. Children’s Savings Accounts (CSAs) are programs that aim to increase access to PSE by building parents’ and children’s...

In 2016, Prosper Canada partnered with the Ontario government and nine non-profit organizations through the Ontario Financial Empowerment Champions and Financial Empowerment and Problem Solving projects, to pilot delivery of community financial help services for low-income Ontarians. Third-party...

Maytree released the 2020 edition of the Welfare in Canada report. For each province and territory, this report provides data and analysis on the total welfare income that households receiving social assistance would have qualified for in 2020, including COVID-19 pandemic-related supports. Welfare...

The financial resilience and financial well-being of Canadians with low incomes: Insights and analysis to support the financial empowerment sector detailed report, provides data and insights on the financial impact of the pandemic on Canadians with low incomes and their financial health,...

The P4P Planning Network was launched by Partners for Planning to support relatives, friends, or caregivers of a person with a disability with planning resources and tools. Resources on relationship building, school transitions, community involvement, financial objectives and more are shared and...