News

Via The Globe and Mail // June 13, 2023 The Canada Revenue Agency was aware that a planned ramp-up this past winter in its debt collection activities could result in confusion and financial hardship for some low-income individuals at a time of high inflation, according to a memorandum sent to the Minister of Revenue. The briefing, which was prepared for Mini...

Via The Hill Times, June 12, 2023 // Canada's finanicial help gap will not solve itself and people with low incomes cannot afford to wait any longer. The time for action is now. When Canadians have a financial problem, want to make a financial plan, or need help with their taxes, most simply reach out to their financial institution, adviser, accountant, or com...

Via The Canadian Press, May 23, 2023 // Nineteen-year-old Logan Robbins knows that learning to make a household budget is part of his journey to independence. The Prince Edward Island man has been developing job skills through Project Search, a program that helps young adults with intellectual disabilities find employment. He's drafted a resume, dropped it off with pros...

On May 3, 2023, a letter was sent out to the Honourable Chrystia Freeland on behalf of Prosper Canada, FAIR Canada and other key partners, expressing support for the amendments in the Budget Implementation Act, 2023, No. 1, which will establish a single external complaints body (ECB) for banking complaints while continuing to urge the government to designate Ombudsman for Ba...

Tax-Filer Empowerment Canada partners with Prosper Canada to support the Benefits Wayfinder OTTAWA, April 27, 2023 - Tax-Filer Empowerment Canada (TFEC), the national association representing Canada’s tax preparation and software industry, today announced a financial partnership with Prosper Canada to expand its Benefits Wayfinder service. “Tax-Filer ...

Finance Minister Peter Bethlenfalvy introduced the 2023 Ontario Budget: Building a Strong Ontario on March 23, 2023. The plan highlights the ongoing economic uncertainty faced by Canada and Ontario. Budget 2023 invests in increased financial support for seniors and mental health and addictions services.SeniorsProviding financial support to more seniors by proposing to expan...

Prosper Canada is excited to announce that the Toronto Public Library Foundation (TPLF), an organization that raises funds that help amplify and accelerate the exceptional work that TPL does, has committed to funding the pilot for the Financial Empowerment (FE) program for 2023 and 2024. In recognition of the importance of this program in providing customized financial suppo...

The Canadian Center for Women’s Empowerment (CCWE) released an Economic Abuse Screening Tool (EAST) for social service providers to assist in identifying and working with clients who have experienced economic abuse. The toolkit was funded by the Government of Canada, and Women and Gender Equality Canada, and aims to mitigate the shame and embarrassment that is present ...

In 2018, the Government of Canada made a historic commitment toward reducing poverty through Opportunity for All – Canada’s First Poverty Reduction Strategy, which included the creation of the National Advisory Council on Poverty (NACP).The NACP consists of 8 to 10 members representing a range of expertise in poverty reduction or lived experience with poverty. It...

Maytree and Community Food Centres Canada have proposed the development of the Canada Working-Age Supplement (CWAS) by enhancing the existing Canada Workers Benefit (CWB) for working age single adults without children (or unattached single adults). The groups believe the CWAS has the potential to reduce the depth of poverty experienced by unattached single adults across...