Discover financial empowerment resources
Discover financial empowerment resources
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...
This study examined the financial lives of retired Canadians and those approaching retirement. While most retired Canadians said they are in a strong financial position, a concerning 15% of retirees rated their financial situation as poor. Almost one third of retirees reported their monthly...
With the holidays now behind us, it’s time to focus on what’s ahead: a fresh year full of possibilities. Many individuals have popular New Year’s resolutions involving better nutrition, weight loss and work-life balance. Yet others decide that now is the time to focus on enhancing their...
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...
The Ontario Securities Commission (OSC) has launched Investing Academy by GetSmarterAboutMoney.ca as part of Financial Literacy Month. Learn the basics about investing, managing your money, and planning for the future. The courses are available in English or French, and include learning activities,...
This free new course for newcomers consists of 4 short modules that should take 10-15 minutes each to complete. Each module includes short case studies, mini quizzes and other interactive elements. The topics for each module are: Essentials of credit in Canada How to build your credit...
In time for Financial Literacy Month, the Financial Consumer Agency of Canada has released several resources on their website. Checking up on your progress in managing and paying down debt is an important part of maintaining your overall financial health. This infographic outlines how to...
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 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...
The benefits of spring cleaning can extend beyond your home. Your investment portfolio needs regular maintenance to maximize its performance. A good habit is to regularly review your investment portfolio throughout the year to make sure it aligns with your financial needs. Click on "Access...
This article by the Ontario Securities Commission outlines what volatility is, how it may affect your returns on investment and 4 ways to deal with market...
It's never too early or too late to learn about your retirement options and plan for your future. Using the Government of Canada's newly launched Retirement Hub, find out about public pensions, when to collect them and tips to consider for your retirement income. Get started using their...
The weekly themes for Financial Literacy Month 2023 are: Week 1 (November 1-4): Get the pulse on your financial health – What is financial health and why is it important? Week 2 (November 5-11): Check up on your debt – Check up on your progress in managing and paying down debt. Week 3...
The Future of Wealth Discussion Series consist of 1-hour virtual convenings that are open to the public and bring together leaders across sectors and disciplines to consider wealth-building objectives that Aspen FSP considers critical to creating widespread household financial well-being. Click on...
A recent Prosper Canada report shows that Canadians with low incomes are increasingly financially vulnerable but lack access to the financial help they need to rebuild their financial health. People with low incomes are unlikely to find help when they need it to plan financially, develop and adhere...
Building the Case provides evidence for the federal government to urgently step up to support single, working-age adults in Canada. This group experiences Canada’s highest and deepest rates of poverty and some of the country’s highest rates of food insecurity. By analyzing publicly...
Families Canada’s report Financial Empowerment for Women Living on Low Incomes: An Action Plan shares 20 calls to action for adapting financial literacy programming to better support women living on low incomes. To help fulfill some of the calls to action outlined in the report, they’ve just...
World Elder Abuse Awareness Day takes place each year on June 15th and is a good opportunity to remind ourselves, friends and family about the importance of recognizing the signs of financial abuse and taking preventative measures. Older adults are often the target of financial abuse, but anyone...
A credit card allows you to borrow a pre-approved amount of money. It may help you pay for goods and services. When using a credit card, you must pay your minimum payment by the due date. If you don’t pay your balance in full, your credit card issuer usually charges an interest fee. Credit card...
This presentation at the Canadian Economics Association by Professor Annamaria Lusardi, looks at how we measure financial literacy, how we measure the impact of financial literacy on behaviour, how this data and these findings may be used to design policy and programs and what the implications for...
ABC Life Literacy Canada has unveiled the newest workbook from its HSBC Family Literacy First program, supported by HSBC Bank Canada. The workbook, entitled “Chug-a Chug-a Choo Choose”, includes a story and four new activities that teach children how to compare costs and identify needs and...
Practically everyone today seems to have some form of debt. Whether that’s from student loans or credit cards, debt is a huge issue for Canadians—one that we could all use a little help to get out of. To gain some relief, people all over the world have turned to side hustles and the “gig...
Black History Month is an opportunity to highlight the contributions and accomplishments of Black Canadians and their communities. These Statistic Canada findings provide a brief overview of the Black population that continues to grow with each census. The Black population now accounts or 4.3% of...
Teachers may incorporate two gamified financial literacy courses that are currently freely available into their lessons. Students can now access two age-appropriate courses designed to help boost students' financial knowledge and confidence at any stage of their financial journey. Course...