News

Managing finances can be a daunting task for most people. Add to that a layer of complexity brought on by disparity and inequity, financial freedom can begin to feel like an unattainable dream. When a program can make concrete and foundational change in the lives of the people utilizing it, it bears shining a light on. Highlighting financial empowerment stories of hope and o...

Women face unique financial challenges compared to men resulting from systemic and societal barriers. The gap widens further for women within marginalized communities. Family status, self-confidence, gender stereotypes, and the way financial concepts are taught and discussed in the home all contribute to the gender gap. The Financial and Consumer Services Commission of New B...

Common Good offers a modern workplace retirement plan designed to help not-for-profit workers save for their future. As the not-for-profit sector begins to feel the impact of what many are calling the “Great Resignation”, we are doing what we can at Prosper Canada to invest in our team. Studies show that retirement benefits are a key component of employees&rsquo...

The federal government has recently rolled out a number of timely and very welcome benefit initiatives to help Canadians struggling with the surging cost of living. These initiatives include: An interim Canada Dental Benefit to help lower dental costs for eligible families earning under $90,000 per year.  (This is a temporary program while the government works to creat...

Prosper Canada is a proud signatory of the Joint Community and Labour Statement on Employment Insurance (EI) Reform. The letter was sent out to Prime Minister Trudeau and Ministers Freeland, Qualtrough and Gould to request their immediate action and bring attention to community and labour priorities and restore the role of Canada’s EI system as an economic stabilizer. ...

We are pleased to be signatories on the letter to Robert J. Morrissey, Chair of the Standing Committee on Human Resource Development, Skills and Social Development and the Status of Persons with Disabilities (HUMA) to express our collective concern with three amendments proposed at the recent HUMA meeting. As part of a group of organizations of and for people with disab...

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...