Our Financial Empowerment Champion partners helped 24,048 individuals build their financial capability and health — including providing 4,158 of these individuals with one-on-one financial coaching or problem solving — 18,986 with tax-filing help and 5,235 with help applying for income benefits. Tax filing and benefit help participants accessed $75.4 million in new income through these services.
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 aligned with CRA’s national Community Volunteer Income Tax Program to help people safely tax file during the pandemic.
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.
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 $10.4M to 128 non-profits who:
Learn$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
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.