Discover financial empowerment resources
Discover financial empowerment resources
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...
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...
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...
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...
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...
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...
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 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...
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...
From June – July 2023, ONN conducted our fourth annual sector-wide survey to gather critical data on the state of Ontario’s nonprofits regarding their financial health, staffing and volunteers, and general operations. Nearly 1,400 nonprofits, charities, and grassroots groups across the province...
The Community Volunteer Income Tax Program (CVITP) is a partnership between the Canada Revenue Agency (CRA) and local community organizations. The program is intended to ensure that all taxpayers have equal access to the tax system. In Grey and Bruce Counties, 14 community organizations provide...
Organizations play a vital role in providing community members with access to benefits. Tax clinics, homeless shelters, food banks, health centres and others can all do their part to provide these services. This free 60-minute demonstration will showcase our new Bridge to Benefits tool which...
Food Banks Canada's all-new Poverty Report Cards initiative grades how poverty reduction efforts are going in the provincial, territorial, and federal governments. The report cards will help policymakers and decision-makers at all levels of government gauge their performance in the fight against...
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...
For some individuals with a disability, the main labour market challenge is to find employment. Others may find it difficult to retain their jobs or qualify for promotion opportunities. This study offers important new insights into the life-long evolution of the earnings of individuals whose...
This Financial Resilience Institute report, authored by Eloise Duncan and commissioned by FP Canada and the Institut québécois de planification financière (IQPF) is being published for everyone with a stake in the financial resilience and well-being of Canadians. This study, leveraging the...
The Office of the Superintendent of Bankruptcy (OSB) is continuing its efforts to help Canadians experiencing serious financial difficulties find the right debt solution. These efforts include increasing consumer awareness about the unregulated Debt Advisory Marketplace and helping consumers...
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...
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...
Generally speaking, overspending refers to spending more money than one can afford or more than was planned. Overspending can stem from various factors that may be within or outside of your control. Common causes of overspending within one's control include underestimating expenses, mismanaging...