News

Earlier this month the B.C. government released the provinces first-ever poverty reduction strategy called TogetherBC. The strategy aims to make progress on the 2024 targets introduced in the province’s 2018 Poverty Reduction Strategy Act:    25 per cent reduction in B.C.’s overall poverty rate 50 per cent reduction in the child poverty rate. ...

Prosper Canada is excited to welcome Deanna Mettler to its Board of Directors. Deanna has been with Equifax for the past four years and is currently the Senior Financial Officer. Prior to joining Equifax, she worked in both public accounting and in the technology sector in the capacity of VP Finance and Financial Controller and has over 14 years of experience working as a fi...

Achieving financial stability while living on low income can often feel unattainable for many Canadian families. Barriers to tax filing and accessing income benefits continues to prove to be an on-going challenge.   Over the past two years, Prosper Canada with the support of Intuit Financial Freedom Foundation, has conducted important research to better understand t...

Many people with low incomes experience barriers to tax filing that prevent them from accessing income benefits necessary for individuals and families to achieve financial stability. On February 7, 2019, Prosper Canada brought together 73 academic, government and community experts for a one-day symposium to discuss the latest research on barriers to tax filing and benefit ta...

All Canadians should file taxes regardless of whether they earn an income. This is because tax time is one of the most important financial opportunities in the year, when receiving a tax refund can be the largest single infusion of cash into the household for many Canadians living on a low income. It is also the only way for someone to esta...

OTTAWA, Dec. 13, 2018 /CNW/ - The Canada Revenue Agency (CRA) is taking steps to better understand the needs and expectations of Canadians, and to ensure they are at the centre of the design and delivery of its programs and services, with the goal of pursuing excellence in client experience.Read

Yes, the holidays are a wonderful time of the year. But the festivities can also be stressful!   It’s not just the last-minute shopping, overcooked turkey and tangled lights that take the fun out of the holidays. Gift giving is expensive, especially for families. Who doesn’t feel the pressure of hosting perfect meals and buying everyone just the right...

Submitted by Family Services of Greater Vancouver Ever make a purchase and have regrets afterwards? Why did I ever buy this?!  Buyer remorse can affect everyone at some time.  But there’s things you can do to prevent yourself from making hasty and regrettable consumer decisions?  In some cases, you may be able to receive a refund on the transaction, in ...

Submitted by ABC Life Literacy Canada A staggering 55 per cent of Canadians have inadequate numeracy skills, which means they may struggle with understanding written instructions that rely on charts, numbers and conditional statements.1 Moreover, 4 in 10 Canadians report that money is a daily concern and a third of low-income Canadians report worrying about money almo...

Attention Canadian financial empowerment practitioners Dr. Jen Robson, Associate Professor of Political Management, Carleton University is conducting research on the community programs and services that can financially empower vulnerable Canadians. This research is part of a larger study on the financial lives of low income Canadians, including financial diaries, led by Dr...