Discover financial empowerment resources
Discover financial empowerment resources
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...
Inflation tells us how much prices have changed year-over-year. It’s noticeable in the cost of everyday things, for example the price of a candy bar today compared to 20 years ago. Over time, increases in inflation tend to be offset by increases in wages, since inflation and wages both tend to...
The Office of the Federal Housing Advocate released their annual report to the federal Housing Minister, outlining findings from submissions they received from 2022 to 2023 through their online public submission process that allows people from across Canada to report directly to the Advocate...
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...
Between the high cost of living and inflation, many of us are struggling with debt. But with financial advice available everywhere - from your uncle’s friend to social media influencers, it can be easy to feel overwhelmed and hard to know whose advice you can trust. Learning some key warning...
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...
Digital literacy skills have become essential. Computers and other digital devices are increasingly part of everyday life; they’ve changed how we do things, and they’re going to keep changing how we do things. To keep up, we need to keep learning so that we can continue to thrive at home, at...
A new study by national charity Prosper Canada, undertaken with funding support from Co-operators, finds that Canadians with low incomes are increasingly financially vulnerable but lack access to the financial help they need to rebuild their financial health. The report, shows that affordable,...
Managing your finances means finding the right balance. Inflation and higher interest rates signal that you may need to adjust your budget to find the right balance between daily spending and paying down debt. The right balance will depend on your financial situation and goals. This selection of...
The Annual Report by the Office of the taxpayer's ombudsman provides key achievements, identifies Canada Revenue Agency (CRA) service issues and outlines trends in complaints. In addition, the report includes three recommendations to the Minister of National Revenue and the Chair of the Board of...
This collection of financial empowerment tools and resources is intended to support both Indigenous and non-Indigenous organizations working to build financial wellness in First Nation communities. It was created as part of the Financial Wellness in First Nations project (2021-2023) where...
Daily aspects of Canadians' lives are increasingly touched by digital technology, and access to high-speed Internet has become an essential service and a key driver for improving our economic and social well-being. The Government of Canada originally announced Connecting Families in Budget 2017 to...
Inflation tells us how much prices have changed year-over-year. It’s noticeable in the cost of everyday things, for example the price of a candy bar today compared to 20 years ago. Over time, increases in inflation tend to be offset by increases in wages, since inflation and wages both tend to...
Financial empowerment (FE) is an approach to poverty reduction that focuses on improving the financial security of people living on low income. Evidence shows that embedding FE interventions into municipal welfare, employment, housing, shelter and health services can significantly boost service...
Bright, beautiful, interactive and simple to use, Managing your money offers a series of seven worksheets to help Indigenous individuals and families to set and work towards money goals. Each financial topic and activity features artwork by Simon Brascoupé paired with a teaching from the animal...
Making a budget is one of the most helpful financial tools you can use on a regular basis. A budget can give you a clear picture of where your money is going. It’s easier to plan for the life you want, when you know how much money you have for saving, spending and paying off debt. If you’ve...
Prosper Canada has submitted a budget to highlight that a plan is needed to ensure that vulnerable people are not made to repay unmanageable CERB/CRB debts, to pay back the income people lost when their refundable tax benefits were clawed back because of CERB, and to guarantee that CRB and CWLB are...
This webinar hosted by FCAC (originally broadcast on November 17, 2021) targets women who want to learn more about managing money and building saving habits. Guest speaker, personal financial expert, Rubina Ahmed-Haq has also contributed to Canada's financial literacy blog on "Women face unique...
Whether you’re making a budget, finding money to save or invest, or deciding priorities during tight times, separating your spending “needs” from your “wants” can help. A “need” is something you must spend money on in order to get by. For most people this would include rent...
NB Social Pediatrics and the Saint John Community Loan Fund recently surveyed 157 New Brunswick and Nova Scotia residents about their experiences with finances, banking, and ID to better understand if biometrics or ID banks could be effective solutions for people living without ID. Eyeing the...
The COVID-19 pandemic has changed how production occurs in the economy in two ways. One is the full or partial closure of non-essential activities such as travel, hospitality, arts and entertainment, personal services, airlines, etc. The other is the widespread shift from in-office work to...
An analysis of provincial/territorial health care funding and funding for First Nations and Inuit by Indigenous Services Canada through the First Nations and Inuit Health Branch. This report provides an analytical overview of federal and provincial/territorial government health spending for the...
COVID-19’s effects have underscored the ways that racism, bias, and discrimination are embedded in health, social, and economic systems. Black, Indigenous, and Latinx people are experiencing higher rates of infection, hospitalization, and death, and people of color are also overrepresented in...
The federal budget released on April 19, 2021 covers the Canadian government's plan for: Part 1 - Finishing the Fight Against COVID-19 Chapter 1: Keeping Canadians Healthy and Safe Chapter 2: Seeing Canadians and Businesses Through to Recovery Part 2 - Creating Jobs and...
The Investor Office conducted this study to further our understanding of the experiences and behaviours of retail investors during the COVID-19 Pandemic. The study explored several topics including the financial preparedness, savings behaviour, financial situations, changing preference, and...