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Achievements

Prosper Canada works with partners in all sectors to develop and promote financial policies, programs and resources that transform lives and help Canadians to Prosper. The following are some highlights of our achievements.

2020

Over 56,000 users access the online Financial Relief Navigator launched to help Canadians identify and access emergency income, expenditure, and debt relief and local financial help services.

Prosper Canada’s Virtual Tax Filing service co-developed and piloted with partners is incorporated into CRA’s national Community Volunteer Income Tax Program To help people safely tax file during the pandemic.

2016 - 2020

Prosper Canada’s 9 Financial Empowerment Champion and 4 Financial Empowerment and Problem Solving community partners build the financial capability and health of 464,097 vulnerable Canadians, and connect them to $494M in new income.

  • 11,366 community financial educators and coaches are trained.

  • 207,273 people participate in financial education and 245,458 receive one-one-one financial coaching or tax filing support.

  • Service users open 8,120 RESPs, set up 7,952 direct deposit arrangements, and open 977 bank accounts.

  • 39,546 people access Prosper Canada’s online financial information and education tools.

2010 - 2015

The Prosper Canada Centre for Financial Literacy trains 2,200+ community financial educators from 820+ organizations, who deliver financial education to 75,000+ people with low incomes across Canada thanks to $3.5M in funding from TD Bank Group.

TD Financial Literacy Grant Fund awards $10.4M to 128 non-profits who:

  • Deliver 139 financial education projects in 34 languages reaching 75,460+ Canadians.

  • Create and share 142 new financial literacy resources.

2000 - 2009

Learn$ave project demonstrates that a combined financial education and incentivized savings program boosts low-income Canadians’ access to post-secondary education, encouraging creation of the federal Canada Learning Bond in 2005 that has helped low-income families save $9.5B for their children’s (1.46M) education

1990-2000

Prosper Canada develops and launches and delivers the first and largest urban Self-Employment Benefit program in partnership with the City of Toronto, Government of Canada, and the Ontario Ministry of Labour.