News

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...

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 ...