News

IIROC secures stronger enforcement authority thanks to passage of new Manitoba securities legislation  Manitoba legislative changes strengthen investor protectionJune 5, 2018 (Winnipeg, Manitoba) – The Investment Industry Regulatory Organization of Canada (IIROC), today thanked the Government of Manitoba for passing legislation that gives IIROC more effective to...

We are excited to announce the launch of our new Learning Hub, an online platform that offers convenient and easy access to financial empowerment resources.    The Learning Hub supports frontline practitioners, policymakers, funders and advocates looking for information to help advance their financial empowerment work. Located in the Resources section of the...

FrançaisInvestment industry regulator, consumer and seniors’ advocates applaud provincial government for swift passage of legislation to protect British Columbia seniors and vulnerable investors  Changes to Securities Act will strengthen regulation and better protect investorsApril 27, 2018 (Victoria, British Columbia) – The Investment industry Regulatory...

With the release of its 2018 Budget on February 27th, the federal government made real progress on its 2016 election commitment to connect more low-income and vulnerable Canadians to their benefits.    Presented by the Hon. Bill Morneau, Minister of Finance, the Budget contained significant measures to: improve Canada Revenue Agency (CRA) service delivery, e...

This issue of the Prosper Canada newsletter focuses on Indigenous Financial Wellness featuring a number of articles from our partners. We invited Simon Brascoupé, Vice-President, Education and Training of AFOA Canada, to write this month’s feature article and share why financial wellness matters in Indigenous communities. Simon explains some innovative approaches that ...

Reconciliation must create a more equitable and inclusive society by closing the gaps in social, health, and economic outcomes that exist between Aboriginal and non-Aboriginal Canadians.  – 5th Principle of Reconciliation, Truth and Reconciliation Commission of Canada  Indigenous Peoples have the right to determine and develop priorities and strategies ...

Last month the Government of Canada expanded the scope of automatic enrolment for the Guaranteed Income Supplement (GIS) to improve service delivery for low-income seniors. Eligible seniors began receiving letters in January notifying them that they will be enrolled for both Old Age Security (OAS) and GIS without needing to apply, and will receive their benefits automatic...

Next to social isolation, poverty is the biggest barrier felt by Canadians with disabilities. Too many Canadians with disabilities are living paycheque to paycheque, earning too little to get ahead. However, the Indigenous population experiences a disability rate twice that of the non-Indigenous population. As Indigenous people with disabilities represent a marginalized p...

The Government of Canada is committed to a renewed relationship with Indigenous Peoples that includes closing the socio-economic gap and improving overall living conditions of First Nations, Métis and Inuit Peoples.    In response to this commitment, the Financial Literacy Leader, Jane Rooney from the Financial Consumer Agency of Canada (FCAC), and National ...

Everyone needs a little help with money from time to time. Setting spending goals, tracking bills and income, and making a budget, are all part of managing your money. These are all important money conversations that happen with frontline staff who work to strengthen financial wellness in their communities.    The Managing your money booklet – a set of...