Discover financial empowerment resources
Discover financial empowerment resources
There are many reasons why someone might be struggling financially. Job loss, health challenges, or a sudden financial emergency could cause hardship, preventing someone from staying afloat. In times like these, it’s not uncommon for someone to ask for help from friends or family. Before agreeing...
A Registered Retirement Savings Plan (RRSP) can help you save for retirement while also saving at tax time — or even getting a rebate. The articles from the Ontario Securities Commission (OSC) can help you understand more about opening, contributing to, and withdrawing from an...
You’ve likely seen news stories about the changing value of various crypto currencies and other crypto assets. And you may be curious about whether investing in crypto could lead to a windfall. But remember that new investing technologies, like crypto trading platforms, still come with the same...
Your credit card can help you make purchases quickly without needing to have cash on hand. Follow these tips by the Ontario Securities Commission to use your credit card...
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...
All investments come with risk. Generally, the higher the potential return an investment offers, the higher the risk. But there is no guarantee higher risk investments will pay off with higher growth or dividends. That’s why it’s important to know how much risk you are comfortable with....
Are you considering investing in crypto assets, but aren’t sure whether it’s right for you, legal or just a scam? Test your crypto knowledge and learn how to spot the warning signs of fraud using OSC's...
Learn more about fraud in this latest set of videos by the Ontario Securities Commission. Investment fraud Pump and dump scams Fake government messages Warnings about your finances Work from home scams Quick high-return...
When it comes to investing, there are many considerations to make before choosing if and what types of investments are best for your situation. This webinar explores the topic of investor education and consumer protection for financially vulnerable Canadians. We'll start by discussing the basics...
If a recession seems likely, consider how your investing and savings plans may be affected. Increases in the cost of living and borrowing, combined with the overall financial uncertainty over the impact of a potential recession, can be enough to cause personal and financial stress. There is no...
This study by the Ontario Securities Commission examines Canadians’ crypto ownership and knowledge. It found 13% of Canadians currently own crypto assets or crypto funds. The study also found most Canadians did not have a working knowledge of the practical, legal and regulatory dimensions of...
Managing debt doesn't have to be overwhelming. These tips and tools from the Ontario Securities commission can help you borrow wisely and pay off debt more...
The Ontario Securities Commission (OSC) published the results of a survey assessing Canadian investors’ financial literacy. As individuals take on more responsibility for their own investing, it is essential that they have enough financial knowledge to effectively participate in Canada’s...
When inflation rates go up, it can be tempting to look for ways to grow your money at rates higher than the rate of inflation. Investing can feel more appealing than the average savings account. While it’s important to stay the course on your investing goals, don’t neglect your savings. There...
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...
Confused about whether to contribute to an RRSP or TFSA? Both offer tax advantages to help you reach your savings goals. If you need to choose between the two, you can learn about the differences in this article by the Ontario Securities Commission...
It pays to make saving a habit. Look for easy ways to build saving into your life and to make it...
Saving for your child’s education can be difficult, especially if you are trying to save for multiple goals or pay down debt at the same time. The federal government offers contributions to your child’s Registered Education Savings Program (RESP) through its grant programs: the Canada...
This article from OSC provides 8 tips to help you plan for retirement. Transitioning from working life to retirement takes careful financial planning and decision-making – give yourself plenty of time to prepare. Here are some things you can do ahead of...
Imagine a loved one is in trouble or hurt. You get a call asking for urgent help. You’d likely want to act right away because you care about them. Exploiting family ties is the driving force behind grandparent scams — or emergency scams. This article from the OSC can help you to protect...
Financial fraud can be stressful and time-consuming experience. It can affect you both financially and emotionally. If you are defrauded, or suspect that you may have been defrauded, follow the steps outlined in this...
Filing your taxes might be one of the most important financial actions you’ll take each year. It can also feel confusing or stressful at times. Find out more about how income tax works, including tax deductions and tax credits using the Ontario Securities Commission's interactive chart...
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...
The Trusted Contact Person initiative has been adopted across Canada. It is part of new regulatory measures to support advisors in their efforts to help investors, particularly older investors and vulnerable, protect themselves and their financial interests. Canadian seniors are increasingly...
There are many good reasons to keep up to date on your tax filing each year. You may file a tax return even if you don’t have any income. It could help you access certain refundable tax credits and other...