Blog

In a recent interview with Danielle Thibaudeau from the Commissioner of Social Services’s Office at The Regional Municipality of Durham, Prosper Canada delved into the world of financial empowerment and the unique challenges faced by low-income Canadians. Danielle, Policy Advisor in the Strategic Partnerships and Priority Teams within the Social Services Department Commissioner's Office, shared her insights into the importance of financial resources, collaborations with non-profits like Prosper Canada, and the impact of the Making the Most of Your Money resource. The resource is a free online course designed to help individuals and families living with low income learn about money in an accessible way. It was developed by Prosper Canada with the generous financial support from Ontario Securities Commission and has been implemented by the Region of Durham to facilitate financial education within its community.

Canada's diverse landscape is home to many First Nation communities. Despite the availability of resources, these communities often face neglect in accessing vital financial support. The Financial Wellness in First Nations project is attempting to change this reality by bringing together non-profit organizations, community service centres, and Indigenous community organizations in a transformative partnership. This two-year project funded by IG Wealth Management aims to embed culturally appropriate financial wellness support in several First Nation communities.

“What if Canada Revenue Agency decides to freeze my bank account and seize all my assets because I haven’t filed my taxes for so long?” Roger nervously asked the Financial Empowerment and Problem Solving (FEPS) worker at Agincourt Community Service Association (ACSA) during his initial call seeking help with his back taxes. Staff could see Roger was extremely nervous about his situation and knew it would only be possible to help him if they took the time to listen and to understand his story and concerns.

Carla Macias, an Ecuadorian who came to Canada in 2007, shares her journey of integrating into a new country, outlining the ups and downs of facing a world where not only learning a new language is key to success but financial literacy proves equally important. Carla articulates just how instrumental the Jane/Finch Centre was to helping her embark on a path to ensure financial success for herself and her family.