Discover financial empowerment resources
Discover financial empowerment resources
The Canadian Foundation for Economic Education (CFEE) works collaboratively with funding partners, departments of education, school boards, schools, educators, and teacher associations to develop and provide free, non-commercial programs and resources for teachers and students – developed and...

This course is offered by the Canadian Foundation for Economic Education, a non-profit organization that works to improve economic, financial, and enterprising capability. This financial literacy course for general audiences covers a range of topics: money basics and the economy, setting goals and...

Many initiatives are underway focused on teaching kids what people feel they should know about money. But, to our knowledge, no one has ever reached out broadly to ask youth what they want to learn about – what they are interested in – the challenges they face – and how they would like to...
Financial empowerment (FE) is an approach to poverty reduction that focuses on improving the financial security of people living on low income. Evidence shows that embedding FE interventions into municipal welfare, employment, housing, shelter and health services can significantly boost service...

Open, honest conversations about money are one of the keys to building a healthy relationship with your family, across the generations. With a little preparation, talking about financial matters can help build trust, deepen connections, relieve stress and lead to greater peace of mind. Yet for...

This dissertation evaluates the effects of various public policies related to education in Canada. The results indicate that the actions of parents are generally consistent with the procrastination saving model. I estimate that higher matching rates on contributions and lump-sum subsidies increased...
This paper assesses the extent to which education level affects how Canadians save and accumulate wealth for retirement. Data from administrative income-tax records and responses from the 1991 and 2006 censuses of Canada show that individuals with more schooling are more likely to contribute to a...

This module provides a concise summary of selected Canadian economic events, as well as international and financial market developments by calendar month. All information presented here is obtained from publicly available news and information sources, and does not reflect any protected information...

Using information from the FINRA Investor Education Foundation 2012 National Financial Capability Study, we examined financial capability among people with and without disabilities. Respondents noted as having disabilities throughout this report selected “permanently sick, disabled, or unable to...
This article in the Economic Insights series from Statistics Canada examines the economic well-being of millennials by comparing their household balance sheets to those of previous generations of young Canadians. Measured at the same point in their life course, millennials were relatively better...

Canadian students from poor socio-economic backgrounds continue to be disadvantaged compared to students from more affluent backgrounds. Pathways to Education is a comprehensive support program for students from poor socio-economic backgrounds that started in Toronto and is now expanding across the...
Canadians with disabilities have consistently experienced low levels of employment, as well as barriers in the educational, economic and social spheres. They face massive obstacles in participating in the labour market, especially those with severe disabilities or low educational attainment....
Using data from the 2014 Canadian Financial Capability Survey (CFCS), this study examines the gap in the financial knowledge of men and women and how the difference varies across socioeconomic characteristics such as age and education. It also provides additional insight into the financial...
This case study is about the Omega Foundation’s SmartSAVER program. It has effectively elevated the Canada Learning Bond (a post-secondary education savings program for low income families) from a struggling idea to a fully-fledged and well-utilized national resource. In so doing, Omega and...

Promotion of high school students’ access to post-secondary education is a major goal of Canadian governments, in part because of its increasingly important role in helping individuals attain social and economic success. Yet, uncertainty remains as to the best policy interventions to encourage...
Reimagining financial aid to include asset accumulation for those currently disadvantaged has the potential to meet one of our most critical challenges: equipping enough students to succeed in college education to power future societal economic prosperity, at a cost individual students and our...
This report describes the rationale and design of a project that will carefully implement and evaluate an innovative program — called Learn$ave — that aims to help low-income Canadians build savings for use in enhancing their labour market skills through adult education and micro-enterprise...
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...

When women living on low incomes are able to access effective Financial Literacy Education (FLE) programs, they will be better positioned to fully participate in economic life, help build a stronger economy, and improve the quality of life for themselves, their families, and their...

The pandemic has accelerated a polarization of jobs that has become a structural trend in the Canadian economy. Previous Cardus research has shown that this polarization of the labour market between low- and high-skilled occupations, with a declining share of jobs available for mid-skilled workers,...

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,...

Economic well-being has both a present component and a future component. In the present, economic well-being is characterized by the ability of individuals and small groups, such as families or households, to consistently meet their basic needs, including food, clothing, housing, utilities, health...

Daily aspects of Canadians' lives are increasingly touched by digital technology, and access to high-speed Internet has become an essential service and a key driver for improving our economic and social well-being. The Government of Canada originally announced Connecting Families in Budget 2017 to...

The economic lockdown to stop the spread of COVID-19 has led to steep declines in employment and hours worked for many Canadians. For workers in essential services, in jobs that can be done with proper physical distancing measures or in jobs that can be done from home, the likelihood of...

This Economic Insights article examines trends in the citizenship rate (the percent of immigrants who become Canadian citizens) among recent immigrants who arrived in Canada five to nine years before a given census. The citizenship rate among recent immigrants aged 18 and over peaked in 1996 and...
