Discover financial empowerment resources
Discover financial empowerment resources
This article examines the mental health outcomes (i.e., self-rated mental health, change in mental health since physical distancing began, and severity of symptoms consistent with generalized anxiety disorder in the two weeks prior to completing the survey) of participants in a recent crowdsource...
Previous research has demonstrated that the COVID-19 pandemic is negatively affecting the mental health of Canadians. Today, a new study highlights gender differences in the pandemic's impacts on the mental health of participants in a recent crowdsourcing survey, conducted by Statistics Canada...
In light of COVID-19, the financial security of workers has never been more in question. The workplace is an important delivery channel for tailored financial products and services that can help meet employee’s immediate financial needs and build long-term financial stability. The workplace is a...
In this presentation, Aaron Kozak, ESDC and Melissa Valencia, CRA, present findings from their research on the Community Volunteer Income Tax Program (CVITP). This includes recommendations for structural changes to the program, review of CVITP training, changes to registration, and more. This...
The research symposium "Overcoming barriers to tax filing for people with low incomes" was held in Ottawa on Thursday, February 7, 2019, hosted by Prosper Canada and Intuit. The symposium presents research results and insights from practitioners in the field on barriers to tax filing experienced...
Economic well-being has both a present component and a future component. In the present, economic well-being is characterized by the ability of individuals and small groups, such as families or households, to consistently meet their basic needs, including food, clothing, housing, utilities, health...
This brief examines the findings of three studies—one from The Pew Charitable Trusts and two commissioned by Pew with support from the W.K. Kellogg Foundation—that looked at the effect of asset limits on family finances and state and program costs and...
We present the results of a large field study exploring consumers’ use of the Reserve “set aside” feature on the American Express (the company) Serve prepaid card. The study aimed to address two key questions: 1) Can certain strategies encourage consumer saving behavior; and 2) Is saving...
For unbanked and underbanked borrowers, ncome supports, budgeting guidance, and additional savings will not entirely fill the need that credit satisfies. First, well-structured credit can support a household’s ability to save. Second, building a credit history is a critical financial asset in its...