Discover financial empowerment resources
Discover financial empowerment resources
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...
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...
Every year, scammers take advantage of income tax filing season to try to trick Canadians into divulging sensitive personal information that scammers can use to commit fraud or into sending money to pay off fictitious "debts". How to spot most tax season scams There are often red flags that the...
This CRA site has information on what Indigenous Peoples should know about the tax return they send to the Canada Revenue Agency (CRA), and how that return can result in various benefit payments. There's also information on available tax filing...
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...
March is Fraud Prevention Month in Canada. This year's theme is "20 years of fighting fraud: from then to now", and will help Canadians recognize how fraud has evolved over the years. Canadians are encouraged to use learn more about common frauds and scams, use these promotional materials shared...
Investment scams often involve convincing you to put up money for a questionable investment – or one that doesn’t exist at all. In most cases, you’ll lose some or all of your money. There are many ways fraudsters can approach you. The digital era has allowed new kinds of scams as well as more...
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...
The overall purpose of the collaborative project between Seneca College and Prosper Canada was to build a supportive booking system for tax clinics serving low-income...
If you work with people in Canada living on low incomes, you can play a meaningful role in supporting access to benefits regardless of your expertise or sector. Prosper Canada identified 36 barriers that individuals living on low incomes face when trying to access benefits. More than half of the...
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...
In this video by the Ontario Securities Commission, learn the 4 signs of investment fraud to help you keep your money...
Do you know who is calling? New generative artificial intelligence (AI) can be used to imitate anyone’s voice or face. Learn to protect yourself from scams that use AI clones. Access this resource on the Getsmarteraboutmoney.ca website to learn more. Watch this video about AI cloning...
In Canada, laws and regulations protect financial consumers, ensuring they are treated fairly and have access to essential banking services. These rules prioritize helping people achieve better financial outcomes, especially concerning homeownership and mortgage difficulties. The Canada Mortgage...
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...
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,...
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...
In Canada, governments provide seniors with a spectrum of income supports and programs intended to maintain a baseline standard of living in retirement. For many years, the social safety net has been praised for producing lower poverty rates for seniors, as measured by the Market Basket Measure...
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...