For many newcomers, living in Canada involves learning about finances and money management in new ways. This can include navigating new financial systems, and learning about tax filing and benefits, as well as day-to-day money management and saving. One-on-one financial coaching programs...

Overcoming Poverty Together: The New Brunswick Economic and Social Inclusion Plan, 2014-2019, builds on the momentum of New Brunswick’s initial economic and social inclusion plan launched in 2009. It serves as a roadmap for the province to move towards economic and social inclusion for all. The...

This infographic displays data gathered from interviewing 53 newcomer participants in three provinces (Saskatchewan, Ontario, and Newfoundland) between August and October 2017. Learn more about the stages of newcomer settlement, key money topics and experiences of newcomers, and three types of...

This series summarizes the poverty reduction strategies now in place or in development in provinces and territories across Canada. Details were gathered from public documents made available by the profiled jurisdiction. This paper details the New Brunswick...

Moving to a new country is exciting, but there's no denying that it comes with its own unique set of challenges. This infographic shows results from the Money Talk For Newcomers Poll by TD Canada...

This fact sheet provides insights from Prosper Canada's Financial Empowerment for Newcomers pilot project conducted with three newcomer-serving organizations, Saskatoon Open Door Society (SODS), AXIS Employment Services (AXIS), and North York Community House (NYCH), who implemented and integrated...

This report explores New Zealand’s ‘Bright Spots’ – local places and community initiatives that are making a positive difference to children and families. Instead of asking about the issues and problems for ‘vulnerable children’ or ‘high-needs families’, we ask ‘what’s...

Accessing, understanding, and using financial services effectively are important components of economic security and successful integration into Canadian society. From day-to-day banking to income tax, investments, insurance, and government support programs, there is a wide range of knowledge and...

Are you a newcomer to Canada, or someone who works with newcomers? This online tool will help you explore five money modules to better manage your finances in Canada. Learn about the financial system in Canada, income and expenses, setting goals and saving, credit and credit reports, and filing...

This Economic Insights article examines trends in the citizenship rate (the percent of immigrants who become Canadian citizens) among recent immigrants who arrived in Canada five to nine years before a given census. The citizenship rate among recent immigrants aged 18 and over peaked in 1996 and...

Children need stability to thrive. But across the United States, more and more children are facing the most extreme form of instability and poverty—homelessness. In no place is this more evident than in New York City, where one out of every eight children attending public school in SY...

This brief and an accompanying interactive map were commissioned by the New York City Department of Consumer Affairs’ Office of Financial Empowerment. The brief provides information on how many New Yorkers are unbanked and underbanked, recognizing their links to financial health. It also...

The following profile presents data on the economic inequalities within New Orleans. These statistics may seem overwhelming. However, we know with more information about the challenges of racial economic inequality, there is greater opportunity to identify best practices and policies that can...

Sometimes we set new goals, have changes in income, or switch priorities in our lives. Making a plan is the easiest way to navigate these changes. You wouldn’t start a road trip without mapping it out first, and the same is true with your finances. This guide will help you gain a clear view of...

When you bought your home, you probably signed a mortgage agreement that remains in effect for a certain period, called the term . When your mortgage term comes to an end, you will have to pay off your mortgage, renew it for another term or switch your mortgage to another lender. Your options are...

The authors developed and experimentally evaluated four novel educational programs delivered online: an informational brochure, a visual interactive tool, a written narrative, and a video narrative. The programs were designed to inform people about risk diversification an essential concept for...

The objectives for this research were to: Quantify the unbanked marketplace in New York City; Establish baseline for critical indicators of financial behaviour and household financial stability; Inform the development and targeting of financial counseling services, asset-building programs, and...

Financial counselling may be an effective way to improve individuals’ financial behaviour and outcomes. However, its impacts have not been adequately studied. Previous studies show weak positive effects of counselling, but are subject to a number of limitations. This study, a collaboration...

This report explores the implications of new technologies on Canada’s economy and labour market and the adequacy of current social programs and policies supporting...

In early 2018, Enterprise Community Partners (Enterprise) began a pilot program, Enterprise Community Plus (EC+), to provide financial capability services to residents in two neighborhoods in New York City. Enterprise is a nonprofit housing developer seeking to create opportunity for low- and...

Where and when during childhood and adolescence do people acquire the foundations of financial capability? The Consumer Financial Protection Bureau (CFPB) researched the childhood origins of financial capability and well-being to identify those roots and to find promising practices and...

The Immigrant Financial Services Study combined quantitative and qualitative methods to obtain a picture of demand and supply-side barriers and opportunities for financial access for immigrants in New York City. Demand-side research consisted of three initial focus groups, a three-month survey...

The Financial Consumer Agency of Canada (FCAC) co-hosted the 2018 National Research Symposium on Financial Literacy on November 26 and 27, 2018 at the University of Toronto, in partnership with Behavioural Economics in Action at Rotman (BEAR). This report presents the key ideas and takeaways from...

This report quantifies the benefit of the ILA model through a return on investment calculation. Feedback from current partners of the ILA was also gathered in an attempt to reflect the strengths and weaknesses of the model in order to evaluate the potential of bringing these benefits to scale. This...

For Canadians living with low incomes, tax filing is an important opportunity to boost incomes by accessing a wide range of government benefits. In this webinar, "Insights on hosting volunteer income tax clinics," experts in Canada share their knowledge and practices on what it takes to host...