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...
As life expectancy in the U.S. increases, older adults will comprise a larger share of the population than ever before. At the same time, older adults will play an increasingly important role in the U.S. economy. Their contributions through consumption, labor, and unpaid activities—such as...
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...
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...
In their study, entitled, “Experiences of Financial Stress and Supports in Caregivers During Pediatric Hospital Admission,” Nadarajah et al interviewed caregivers of children admitted to a pediatric hospital and conducted qualitative analyses to assess financial needs, health related financial...
In Canada and the United States, approximately 1 in 5 children live in poverty, contributing to poor health outcomes. Families with children with chronic illness may experience additional financial stress related to hospitalization. This study aimed to capture experiences of financial needs and...
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...
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,...
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...
Rental apartment supply increased, but it has not kept up with the growing demand. As a result, vacancy rates have reached record lows while rent prices have soared to record highs. This situation has raised major concerns about the affordability of rental housing. Read the rental market...
The Government of Canada has put together statistics highlighting sociodemographic diversity, educational attainment, labour market participation and business ownership and income and inequality for Black History...
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...
The report presents a summary of CDSP annual statistics up to the end of 2022. These include the RDSP take-up rates, the number of RDSP beneficiaries, and the values of CDSB, CDSG, contributions, and total assets. Starting in 2024, the program will release comprehensive CDSP statistics on an annual...
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...
This publication is an outreach product to help promote the program "How to open a Registered Disability Savings Plan (RDSP) for yourself or a loved one with a disability". This infographic was created in response to feedback from stakeholders and was designed in collaboration with experts in...
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...
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...
Have you ever made an impulsive purchase? Do you struggle to stick to a diet or exercise routine? What’s the longest you have gone in keeping your New Year’s resolutions? The field of behavioural insights tells us that we have an innate desire to live for today at the expense of tomorrow....
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...
The Aspen Institute Financial Security Program hosted a public event, “Charting a Course Towards a More Inclusive Financial System: Our Collective Call to Action,” on Tuesday, December 5th 2023. At the event changemakers in government, industry, and nonprofits spoke about their role and...