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News & Media
News
2019 Federal Budget highlights
29 March 2019
Investing in the Middle Class, the federal government’s 2019 Budget, builds on progress made with the government’s earlier commitments such as the Canada Child Benefit, the National Housing Strategy, and the recent National Poverty Reduction Strategy (which, among other measures, set an Official Poverty Line and a set of key indicators on poverty reduction). ...
New muscle for Canada’s Financial Consumer Protection Framework
26 March 2019
On December 13, 2018, the House of Commons passed Bill C-86, introducing sweeping new changes to Canada’s Financial Consumer Protection Framework that add new muscle to this critical legislation. This includes a number of important new consumer protection measures called for by Prosper Canada and the ABLE Network in briefs submitted to federal consultations in 20...
Tax-time matched savings program helping Calgarians to save
26 March 2019
Earlier this month, the Tax Time Savings Program launched its second year of programming, after showing successful results from the pilot year. It is a new matched savings program that encourages and supports low-income tax filers to save at least $200 from their tax refund in a personal ATB Financial savings account. Developed in partnership with Momentum and the Aspire ...
Financial empowerment for newcomers funding opportunity
26 March 2019
Immigration, Refugees and Citizenship Canada (IRCC) has launched a call for proposals for the Settlement and Resettlement Assistance Programs due April 12, 2019. IRCC has identified ‘Money and Finances’ as a vital topic that can support newcomers to effectively settle in Canada. Prosper Canada and leading agencies across the country are beginning ...
High Hopes for British Columbia’s first ever poverty reduction plan
26 March 2019
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 welcomes new board member Deanna Mettler
26 March 2019
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...
New tax-filing research on people with low incomes: Barriers and attitudes
26 March 2019
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...
Overcoming barriers to tax filing for people with low incomes – a recent research symposium
26 March 2019
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...
Low income or no income? Access money through filing your taxes
26 March 2019
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...
Canada Revenue Agency announces the creation of an external advisory panel on service
13 December 2018
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
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