Blog

As the baby boomer generation heads into retirement many of them are finding themselves financially unprepared. As a result, many Canadians, including those living on low incomes, are turning to financial coaching programs to help them to achieve financial stability in retirement.

Growing income volatility is causing tough financial challenges and mounting stress for millions of Canadians, according to a new report by TD Bank Group. TD’s research found that unpredictable and variable income is associated with lower overall financial health for those affected, as well as lower financial confidence and increased financial stress.

As tax time approaches, many of us may feel like shrinking from the task of tax filing, especially with the prospect that we may end up owing, rather than pocketing, money at the end of the process.

The Financial Empowerment and Problem Solving (FEPS) program provides much needed money management support to people living on low incomes. 

Last month, Vibrant Communities Canada (VCC) launched the Exploring Poverty Reduction Game Changers series. The series provided insight into their Game Changer approach to poverty reduction and evaluation, and highlighted eight priority areas and strategies that elicit an array of positive, significant, and cascading outcomes towards reducing poverty.