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.

The Financial Empowerment and Problem Solving (FEPS) program provides free, confidential, one-on-one support to individuals living on low incomes to help them build their financial health.

Can a financial literacy program deliver knowledge and shift behaviours so that people living on low incomes can make informed decisions when it comes to their personal finances? Credit unions think so.

For 10 years, the FAPS Program has worked with low-income people to address their financial issues, including financial literacy and exclusion.