News

The financial empowerment (FE) sector in Canada is an innovative and ever-changing field but scarcity of resources has long presented capacity challenges, especially for national, coordinated initiatives as frontline service partners need to prioritize the immediate needs of the communities they serve.   Prosper Canada has played a backbone role in key projects that ha...

Over the past year, Coast Capital Savings generously committed to providing one year funding from December 2021 to December 2022 allowing us to provide capacity building and training to community organizations to start, improve and expand Finanical Empowerment (FE) services. In particular, this funding helped support the enhancement, expansion and formalization of the struct...

Through generous support from The Lawson Foundation, the Managing your money resource is being offered FREE of charge to non-profit organizations supporting Indigenous communities, in English and Plains Cree. Bright, beautiful, interactive and simple to use, Managing your money offers a set of seven worksheets to help Indigenous individuals and families to set and work towa...

Because income is the main determinant of food security, tax filing and benefit services are useful – but only to a point. When the income supports we are connecting people to are inadequate to meet basic needs, financial empowerment interventions are not a sufficient response to prevent food insecurity. In 2020, Canada’s poverty rate plummeted to 6.4 per cent o...

In April 2020, Prosper Canada reset its priorities to focus on helping people with low incomes to safely weather the COVID-19 pandemic. Recognizing that vulnerable Canadians would bear both the brunt of the disease and its devastating impacts on livelihoods and financial security, we set out to mobilize $20 million to sustain and expand financial help services to help t...

On April 7, the federal government released its 2022 budget, A Plan to Grow Our Economy and Make Life More Affordable, which marks a return toward pre-pandemic spending. We have highlighted some features of this budget that impact Canadians living with low income. We focused on measures benefitting low- and moderate-income Canadians, notably significant investments in ...

Social distancing has “pushed” more people to use online banking, order multitudes of items from their computer and even scan, pay and bag their own groceries. Self-service is a widely accepted way of providing more services with fewer resources. Though there are some drawbacks, it has also proven that with the right tools, and just a little help, people can perf...

Au début de la pandémie, le gouvernement fédéral a agi rapidement pour mettre en place la Prestation canadienne d’urgence (PCU), offrant une stabilité financière à 8,9 millions de personnes touchées par des pertes de revenus ou d’emplois. Ensuite, la Prestation canadienne de la relance économique (PCRE) et la Prestation canadienne pour les travailleurs en cas de ...

TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) -- On behalf of the coalition of concerned consumer advocates, FAIR Canada has sent the following open letter to Minister of Finance and Deputy Prime Minister Chrystia Freeland, calling on her to take action to establish a designated, single ombuds organization to handle consumer complaints.Read

As many Canadians confront the difficult financial realities of navigating through the COVID-19 pandemic, the need to help those struggling to access financial relief has never been greater. For those who are urgently seeking financial relief, benefits can be the life line to  increasing income, lowering expenses, and making a positive shift in quality of life, such as ...