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26 November 2020
This November, the Financial Consumer Agency of Canada (FCAC) is celebrating the 10-year anniversary of Financial Literacy Month (FLM), an idea originally conceived by a handful of nonprofit organizations in a boardroom one Friday afternoon in an effort to raise awareness and support for their efforts to build the financial capability and health of Canadians.   S...
20 November 2020 A recent report from Prosper Canada found 62 per cent of moderate-income households have debt, and low-income households spend approximately 31 per cent of their income on debt repayments.   Based on the findings, the most common forms of debt for low- and moderate-income households are credit card and installment loans. Additionally, most indebted ho...
19 November 2020
Global News: When Janet Yu drove to Toronto from Texas in June to assist her 90-year-old mother, who was recovering from a spinal injury, she never thought she’d end up dealing with not one but two emergencies.  The second crisis emerged when Yu, a chartered professional accountant, sat down with her mother to review her retirement accounts after a trip to t...


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26 November 2020
Author: Lindsay Visser
Since October 2018, the Financial Empowerment Network of Nova Scotia (FENNS) has worked to raise the levels of financial empowerment and financial literacy across Nova Scotia. Representing a broad spectrum of public, private and non-profit sector groups, we bring together organizations working to increase financial understanding with organizations whose work is directly affe...

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