News

Principles provide guidance on how to act and what decisions to make. Financial empowerment (FE) interventions such as supporting people to gain access to benefits, are not only ‘activities’ to achieve ‘outcomes’, but are based on principles as well. It is important, in understanding FE interventions, to also take stock of the foundation upon which th...

At the start of the pandemic, the federal government acted quickly to roll out the Canada Emergency Response Benefit (CERB), creating a financial floor for 8.9 million people impacted by earnings or job losses. The subsequent Canada Recovery Benefit (CRB) and Canada Workers Lockdown Benefit (CWLB) have continued to support people who have lost income because of the pandemic....

Now that the Benefits wayfinder has launched and many pandemic supports have ended, we will be winding down the Financial Relief Navigator and have transitioned the content over to this new, helpful tool. As of January 19, 2022, the Financial Relief Navigator is no longer receiving updates or maintenance. This means that some of the information may be outdated or no longer r...

The CRA has launched Learn about your taxes. This online interactive learning tool is designed to help Canadians learn about taxes, benefits and credits, and how to complete their income tax and benefit return. Canadians have said they need help understanding how to do their taxes. Following public consultations, the Canada Revenue Agency (CRA) identified the need to fill a...

The overnight creation and rapid rollout of the Canada Emergency Response Benefit (CERB) at the outset of the pandemic has been one of the great unalloyed successes of this federal government. Not because CERB was perfect, but because it was a swift and effective response to an urgent and widespread need, it kept our economy afloat, and it showed that when the government sai...

Credit Canada Debt Solutions shares four bite size financial tips to help Canadians take control of their finances. Use these tips to support your clients as they build their financial resilience.   Be aware of "Feelings" attached to spending behaviours: Review your good money behaviours & actions so you can build upon them. Let them be the foundation to...

Canadian Debtors Association calls on Canada’s Credit System to examine and improve its own financial literacy to help Canadians - Systemic flaws fail to provide accurate information about the credit status of consumers November is Financial Literacy Month and it’s time for Canada’s Credit industry to take a hard look at its own financial literacy, particu...

TORONTO, Nov. 1, 2021 /CNW/ - Despite their best efforts, many low-income households in Canada have seen their finances deteriorate significantly over the past year and are having trouble finding the financial help they need, according to a new Seymour Management Consulting Inc. study commissioned by Prosper Canada and the ABLE Financial Empowerment Network and released toda...

Dear Friends, Today, people across Canada will mark the first National Day of Truth and Reconciliation.  Coming in the wake of this summer’s tragic discoveries of thousands of unmarked graves at residential schools, this historic day is an opportunity for each of us to learn, reflect, and commit ourselves and our institutions to healing deep and longstanding woun...

As an organization, we embrace diversity, equity, and inclusion as a source of strength and strive to create a collaborative and forward-thinking culture where all feel valued and respected. Our financial empowerment efforts focus on equity-seeking groups, including those living with low incomes, Indigenous Peoples, members of racialized communities, newcomers and people liv...