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News
Overcoming personal finance fears and creating awareness can have many positive benefits
26 November 2018
Submitted by ABC Life Literacy Canada A staggering 55 per cent of Canadians have inadequate numeracy skills, which means they may struggle with understanding written instructions that rely on charts, numbers and conditional statements.1 Moreover, 4 in 10 Canadians report that money is a daily concern and a third of low-income Canadians report worrying about money almo...
Financial Empowerment survey deadline Nov 30th
26 November 2018
Attention Canadian financial empowerment practitioners Dr. Jen Robson, Associate Professor of Political Management, Carleton University is conducting research on the community programs and services that can financially empower vulnerable Canadians. This research is part of a larger study on the financial lives of low income Canadians, including financial diaries, led by Dr...
Just released: Cross Canada check-up featuring findings from the NFHI
26 November 2018
To mark the launch of Financial Literacy Month this November, Prosper Canada and the Canadian Council on Social Development released Cross Canada Check Up, a new report which examines the financial heath and vulnerability of Canadian households in different provinces and territories using a new composite index of household financial health. Canada ranks consist...
We can only fix what we can see
22 November 2018
On November 1st, Prosper Canada and the Canadian Council on Social Development launched the Neighbourhood Financial Health Index (NFHI)– a new composite measure of household financial health at the neighbourhood level that takes into account the critical factors that determine our financial well-being – today and in the future. Municipalities and com...
Launch of new neighbourhood financial health index
1 November 2018
November 1, 2018 (Ottawa) – Marking the launch of Financial Literacy Month 2018, Prosper Canada and the Canadian Council on Social Development (CCSD) today released the Neighbourhood Financial Health Index (NFHI), a powerful new tool for measuring, visualizing and exploring the distribution and underlying drivers of financial health and vulnerability in local communiti...
Increasing RESP take up in Sault Ste. Marie
22 August 2018
Allyson Schmidt is a financial empowerment coach at the Credit Counselling Service of Sault Ste. Marie & District (CCS) where she helps clients reach their financial goals by connecting them to helpful resources and services that can help improve their financial well-being. Since April 1st of this year, CCS has helped clients access $1.1 million in benefits through ta...
Promotion of RESP’s and The Canada Learning Bond: News from Edmonton
21 August 2018
Katie Walker, Social Worker, The City of Edmonton The importance of supporting education after high school to increase financial capacity building is a well-known strategy in the area of financial empowerment. For the Edmonton Financial Empowerment Collaborative and the City of Edmonton, we have been providing train the trainer sessions to service providers directly workin...
Learn how to save for your children’s education with Money Matters
21 August 2018
ABC Life Literacy Canada Thirty years ago, students were able to pay for their own post-secondary education by working summer and part-time jobs. These days, if a student is lucky enough to land a summer job it might pay for their textbooks – maybe. It is estimated that the full cost of a 4-year undergraduate degree from a Canadian university in 2035 could cost over ...
Springboard launches community learning hub
21 August 2018
Springboard's Community Learning HUB is a learning platform for social service agencies across Canada looking to integrate innovative and engaging approaches to learning for at-risk populations. The platform features six thematic areas of learning content designed to empower human growth and development, including: •Finance &bu...
CLB signups are now easier than ever!
21 August 2018
SmartSAVER is excited to share that over 15,000 children have now accessed their Canada Learning Bonds through StartMyRESP. They expect that number to keep growing quickly as they’ve made some improvements. Now, families can complete the form without entering Social Insurance Numbers for themselves or their children online. But they must have these when t...
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