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Centre for Financial Literacy
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Building food security through access to benefits
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News & Media
Snatching defeat from the jaws of victory
29 November 2021
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: Take control of your finances
26 November 2021
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
17 November 2021
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...
New study shows low-income Canadians fighting for financial survival
1 November 2021
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...
National Day of Truth and Reconciliation
30 September 2021
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...
Prosper Canada is seeking volunteers for its Board of Directors
20 September 2021
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...
2021 federal election overview of party platform commitments
15 September 2021
We have curated a summary of the election platform commitments issued by each of the major political parties up to September 10, 2021. The summary focuses on commitments that are most likely to directly impact the financial inclusion and health of Canadians with low incomes.Read
Attention: FCAC calls for Public Consultations
8 September 2021
Add your voice: Government consultations We wanted to bring to your attention two recently posted public consultations that may be of interest to you, your organization, and your network:Boosting charitable spending The Department of Finance is seeking feedback on potentially increasing the disbursement quota for charities and updating the tools at the Canada Revenue Agenc...
Save the date for the 2021 ABLE fall virtual series
8 September 2021
Recover and Rebuild: Helping Canadians build financial security during the pandemic and beyond The fall virtual series will take place on: Wednesday, November 10 - 12:00 - 3:00 pm EDTThursday, November 18 - 12:00 - 3:00 pm EDT Tuesday, November 23 - 12:00 - 3:00 pm EDT This virtual learning series showcases relevant topics for post-pandemic financia...
Getting to our destination: Diversity, equity and inclusion
8 September 2021
“Diversity, equity and inclusion” is a mantra we increasingly hear from business, government and non-profit organizations. If this is our destination, though, how do we know whether we are making steady progress toward our goal? As with any goal, we need to start by defining what success looks like and how we will measure our progress. When it comes to a...
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