News Releases

TORONTO, Nov. 8, 2021 /CNW/ - National charity Prosper Canada and the Steering Committee of the national ABLE Financial Empowerment Network are proud to host the 2021 ABLE Virtual Series – Recover and Rebuild: Helping Canadians build financial security during the pandemic and beyond.   The free virtual learning series will run from 12:00-3:00 PM EST on November 1...

Report paints a stark picture of the disproportionate financial impact of the pandemic on low-income households and their challenges finding the financial help they need TORONTO, Nov. 1, 2021 /CNW/ - Despite their best efforts, many low-income households in Canada have seen their finances deteriorate significantly over the past year and are having trouble finding the financ...

Trove will offer free tools and resources on money management, tax filing and debt reduction   TORONTO, September 15, 2021 – Today, national charity Prosper Canada announced the launch of Trove, a bilingual online portal providing free financial tools, worksheets, and educational resources to help financially vulnerable Canadians take control of their finances. &...

TORONTO, May 13, 2021 – The Common Good Plan has launched a new retirement plan to strengthen the financial health of workers in Canada’s not-for-profit sector – a group hard hit by the COVID-19 pandemic. The Common Good Plan is a consortium of prominent not-for-profit leaders, philanthropic foundations, and retirement security specialists dedicated to...

Pilot project secured $138.5 million in new income for low-income Manitobans over 4 years   WINNIPEG/TREATY ONE TERRITORY, March 23, 2021 / CNW/  – Urgently needed free financial help services for vulnerable Manitobans could not be ending at a worse time, as more low-income people than ever are seeking help to file their taxes and deal with CERB repaymen...

Five-year program includes new financial literacy partnership with Prosper Canada   WINNIPEG, MB and TORONTO, Dec. 10, 2020 /CNW/ - Today, IG Wealth Management ("IG") announced the launch of the IG Empower Your Tomorrow Indigenous Commitment, which dedicates $5 million over the next five years to support programs and initiatives to further the financial co...

TORONTO, Nov. 19, 2020 /CNW/ - A new Leger survey commissioned by national charity Prosper Canada shows that significantly more Canadians earning under $40,000, versus Canadians earning $40,000 or more, report that almost all aspects of their finances have worsened since the onset of the COVID-19 pandemic.   Canadians were asked in the survey to indicate whet...

New report shines a light on consumer debt – a potential roadblock to Canada's recovery   TORONTO, Nov. 10, 2020 /CNW/ - Almost half of low-income households and 62 per cent of moderate-income households carry debt, with households on low incomes spending 31 per cent of their income on debt repayments, according to a new report published by national cha...