Discover financial empowerment resources
Discover financial empowerment resources
Statistics Canada has updated preliminary estimates of the Indigenous economy, defined as gross domestic income (GDI) earned by Indigenous workers and Indigenous-led businesses (where 50% +1 of the owners identify as Indigenous), along with data on jobs held by Indigenous people. This latest...
Wealth inequality, health and health equity is one in a series of ongoing think pieces from Wellesley Institute that aim to stimulate ideas and new conversations to create a fairer and healthier tomorrow. Canadians are struggling with the rising cost of living. A national survey in November 2023...
Between 2016 and 2021, B.C. lost nearly 100,000 rental units priced below $1,000 monthly. For every new affordable rental home built in B.C., four more are lost to investors, conversions, demolition and rent increases, and new affordable units do not compensate for the loss of existing ones. The...
Many people living in First Nations communities do not have access to housing that is safe and in good condition—a fundamental human right. Improving housing for First Nations is vital for their physical, mental, and economic health and well-being. This is the fourth time since 2003 that we...
The Canadian Bankers Association’s Cyber Security Toolkit for Newcomers to Canada, developed in collaboration with Get Cyber Safe, aims to educate newcomers on cyber hygiene best practices and empower them so that they are equipped to recognize and avoid common scams in Canada. The Toolkit...
This year marks the 20th anniversary of Fraud Prevention Month. The theme of this year’s campaign is “20 years of fighting fraud: From then to now. With this theme, we’ll be exploring how certain frauds have evolved with the rise of the digital age, drawing insightful comparisons between the...
The Asset Funders Network engages philanthropy to advance equitable wealth building and economic mobility. For 19 years, AFN has provided a forum for grantmakers and financial institutions to connect, collaborate, and collectively invest in helping more people achieve economic security. The 2023...
Canada's homeless encampments are a national human rights crisis. A growing number of people in Canada are having to live in tents or informal shelters to survive due to a lack of affordable housing, limited support services, and nowhere safe to go. Recognizing the severity of this crisis, the...
The Canada Disability Benefit is an opportunity to guarantee that people with disabilities can live a life with dignity and have an adequate standard of living. For the new Canada Disability Benefit (CDB) to meet its goal of financially supporting and reducing poverty of people with disabilities,...
With frauds and scams on the rise, it's important for Canadians to recognize fraud and protect themselves from it. The Canadian Anti-fraud Centre has many resources on their website to help Canadians navigate fraud, how to recognize it and how to report...
Fast facts: More than 99 per cent of Canadians have a bank account 31 per cent of Canadians say they pay no service fees at all and another 45 per cent pay $15 or less per month Canadians are careful borrowers. Only 0.17 per cent of mortgages are in arrears Access this resource to read...
QR codes are a popular way to offer access to information by scanning the now familiar black and white code with your mobile phone. But not all QR codes are safe to scan. Scammers are taking advantage of the widespread use of QR codes to launch new versions of old scams. Learn more on the...
FAIR Canada engaged The Strategic Counsel (TSC), a national market research firm, to undertake focus groups to better understand Canadian investors. The overall purpose of this research is to provide a broad portrait of Canadian investors including their knowledge, attitudes, behaviours, and...
Gender-based violence (GBV) is one of the most prevalent human rights issues in the world. Worldwide, an estimated one in three women will experience physical or sexual abuse in her lifetime. GBV is a multifaceted issue that undermines the health, dignity, security and autonomy of women and has a...
Scammers continue to take advantage of people anxious about finding a new job by perpetuating scams with phony employment offers or by involving job seekers in a money laundering operation . Read this article by the Canadian Banker's Association to learn how to spot common red flags of an...
Renters across Canada are facing exorbitant rental housing costs, driven by excessive rent increases and the loss of affordable homes. Many renters are left with so few housing options that they can afford, leaving them vulnerable to “economic eviction,” or being forced to live in a home that...
As people in Canada navigate the impacts of a challenging economic environment that includes inflation, the rising cost of living, record debt levels, and high levels of income volatility, we’re seeing a greater connection between financial and emotional wellbeing. With these external factors...
Since 2020, the Bank of Canada has engaged with Canadians, the financial industry and civil society groups to better understand how a digital version of the Canadian dollar might affect everyone. Bilateral and roundtable discussions were held, as well as demographically representative focus groups...
If you’re curious about Canadians experiences with buying crypto assets, you’ll want to read the results of the OSC’s Crypto Assets 2023. It provides insights into the evolution of Canadians’ crypto ownership and knowledge. Read the 2022 crypto survey results...
Working poverty is pervasive, racialized, and until the pandemic, was increasing in Toronto and across Canada. Until the pandemic, this increase was counterintuitive, during 2006 to 2016, as most of this ten-year period had been characterized by one of the most prolonged economic recoveries in...
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...
November 26 is National Economic Abuse Awareness day. The Canadian Centre for Women's Empowerment has published their report on the state of economic abuse in Canada; championing financially strong futures for survivors. Here are some additional resources of potential interest: The economic...
This is a custom report produced by Statistics Canada in collaboration with the Assembly of First Nations. It includes key social and economic statistics regarding Status First Nations people living on and off reserve and includes comparisons with the non-Indigenous...
This is the 2023 report on the progress of Opportunity for All – Canada’s First Poverty Reduction Strategy (PRS). While COVID-19 still threatens communities in Canada and around the world, the public health measures have largely been lifted. Temporary economic measures have also ended. At the...
This toolkit was created to support the Virtual Self Filing tax filing model piloted in 2020-2022 by Canadian community agencies. In this model, individuals file their own tax returns, but receive support from community agency staff or volunteers to do so. In 2023, this toolkit was updated to...