News

To mark the launch of Financial Literacy Month this November, Prosper Canada and the Canadian Council on Social Development released Cross Canada Check Up, a new report which examines the financial heath and vulnerability of Canadian households in different provinces and territories using a new composite index of household financial health.   Canada ranks consist...

On November 1st, Prosper Canada and the Canadian Council on Social Development launched the Neighbourhood Financial Health Index (NFHI)– a new composite measure of household financial health at the neighbourhood level that takes into account the critical factors that determine our financial well-being – today and in the future.  Municipalities and com...

November 1, 2018 (Ottawa) – Marking the launch of Financial Literacy Month 2018, Prosper Canada and the Canadian Council on Social Development (CCSD) today released the Neighbourhood Financial Health Index (NFHI), a powerful new tool for measuring, visualizing and exploring the distribution and underlying drivers of financial health and vulnerability in local communiti...

Allyson Schmidt is a financial empowerment coach at the Credit Counselling Service of Sault Ste. Marie & District (CCS) where she helps clients reach their financial goals by connecting them to helpful resources and services that can help improve their financial well-being. Since April 1st of this year, CCS has helped clients access $1.1 million in benefits through ta...

Katie Walker, Social Worker, The City of Edmonton The importance of supporting education after high school to increase financial capacity building is a well-known strategy in the area of financial empowerment. For the Edmonton Financial Empowerment Collaborative and the City of Edmonton, we have been providing train the trainer sessions to service providers directly workin...

ABC Life Literacy Canada Thirty years ago, students were able to pay for their own post-secondary education by working summer and part-time jobs. These days, if a student is lucky enough to land a summer job it might pay for their textbooks – maybe. It is estimated that the full cost of a 4-year undergraduate degree from a Canadian university in 2035 could cost over ...

Springboard's Community Learning HUB is a learning platform for social service agencies across Canada looking to integrate innovative and engaging approaches to learning for at-risk populations.       The platform features six thematic areas of learning content designed to empower human growth and development, including: •Finance &bu...

SmartSAVER is excited to share that over 15,000 children have now accessed their Canada Learning Bonds through StartMyRESP. They expect that number to keep growing quickly as they’ve made some improvements.   Now, families can complete the form without entering Social Insurance Numbers for themselves or their children online. But they must have these when t...

There are many reasons to build savings, for example to create an emergency fund, or to put aside money for a large purchase. For parents, starting to save for your child’s post secondary education as soon as possible is extremely valuable. There are many advantages to pursuing higher education. In addition to building greater resiliency in life, higher education ca...

TORONTO, July 23, 2018 – A new money management booklet was recently published to support organizations and communities serving Indigenous Peoples with money conversations. Developed jointly by AFOA Canada and Prosper Canada, Managing Your Money: Tools and tips to help you meet your goals features a number of interactive worksheets to help Indigenous individuals and fa...