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News & Media
Highlights from the 2023 OMSAA Exchange Conference
21 June 2023
This past May, three staff from Prosper Canada attended the OMSSA Exchange conference in Ottawa, ON. The Ontario Municipal Social Services Association (OMSSA) hosted a gathering of more than 330 people to exchange knowledge, best practices, and examples of local projects and ways of working. This included representatives from human services, Ontario Works, child care, health...
IIROC and Prosper Canada empowering low-income Canadians on their path to financial stability
21 June 2023
We are living in challenging times, where economic disparities have been further magnified. The Financial Empowerment Program, led by Prosper Canada in collaboration with generous sponsors like IIROC, now known as CIRO, has emerged as a beacon of hope for low-income individuals and families across the country.Financial Empowerment Program At its core, the Financial Empowerm...
Opinion: It’s time for a humane, empathetic and respectful disability benefit
16 June 2023
Vancouver Sun, June 15, 2023 // The application process is so long, onerous and costly, Canadians with disabilities often feel it's designed to drive them away, rather than help them. It's time for a benefit without barriers. The proposed new Canada Disability Benefit is an historic opportunity to transform the lives of people with disabilities in Canada by lifting ...
CRA knew clawbacks would cause low-income taxpayers hardship, memo shows
13 June 2023
Via The Globe and Mail // June 13, 2023 The Canada Revenue Agency was aware that a planned ramp-up this past winter in its debt collection activities could result in confusion and financial hardship for some low-income individuals at a time of high inflation, according to a memorandum sent to the Minister of Revenue. The briefing, which was prepared for Mini...
Access to good, relevant, financial help is missing for those who need it most
13 June 2023
Via The Hill Times, June 12, 2023 // Canada's finanicial help gap will not solve itself and people with low incomes cannot afford to wait any longer. The time for action is now. When Canadians have a financial problem, want to make a financial plan, or need help with their taxes, most simply reach out to their financial institution, adviser, accountant, or com...
How improving yourfinancial literacy can help ease stress in a tough economy
23 May 2023
Via The Canadian Press, May 23, 2023 // Nineteen-year-old Logan Robbins knows that learning to make a household budget is part of his journey to independence. The Prince Edward Island man has been developing job skills through Project Search, a program that helps young adults with intellectual disabilities find employment. He's drafted a resume, dropped it off with pros...
Legislative Measures to Strengthen Canada’s Complaint-Handling System for Bank Customers
4 May 2023
On May 3, 2023, a letter was sent out to the Honourable Chrystia Freeland on behalf of Prosper Canada, FAIR Canada and other key partners, expressing support for the amendments in the Budget Implementation Act, 2023, No. 1, which will establish a single external complaints body (ECB) for banking complaints while continuing to urge the government to designate Ombudsman for Ba...
Helping Canadians with low incomes to access important benefits
27 April 2023
Tax-Filer Empowerment Canada partners with Prosper Canada to support the Benefits Wayfinder OTTAWA, April 27, 2023 - Tax-Filer Empowerment Canada (TFEC), the national association representing Canada’s tax preparation and software industry, today announced a financial partnership with Prosper Canada to expand its Benefits Wayfinder service. “Tax-Filer ...
2023 Ontario Budget Highlights
4 April 2023
Finance Minister Peter Bethlenfalvy introduced the 2023 Ontario Budget: Building a Strong Ontario on March 23, 2023. The plan highlights the ongoing economic uncertainty faced by Canada and Ontario. Budget 2023 invests in increased financial support for seniors and mental health and addictions services.SeniorsProviding financial support to more seniors by proposing to expan...
Strengthening Community ties through the Financial Empowerment program
31 March 2023
Prosper Canada is excited to announce that the Toronto Public Library Foundation (TPLF), an organization that raises funds that help amplify and accelerate the exceptional work that TPL does, has committed to funding the pilot for the Financial Empowerment (FE) program for 2023 and 2024. In recognition of the importance of this program in providing customized financial suppo...
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