News

Now that the holiday season is behind us it’s time to turn our attention to something a little less festive – tax season. While filing taxes may not be on your list of favourite things to do, for Canadians living on low incomes, tax time is an important opportunity to boost their income by accessing a wide range of government benefits.   There are a ra...

Canada Revenue Agency to extend a helping hand   Financial empowerment efforts received a major boost in November when Prime Minister Trudeau instructed Canada’s newly minted Minister of National Revenue, the Hon. Diane Lebouthillier, to help more Canadians access benefits they are entitled to and make it easier for Canadians with low and fixed incomes to tax ...

By Anne Makhoul, Principal Project Officer, Caledon Institute of Social Policy  The Caledon Institute of Social Policy launched the Canada Social Report initiative in June 2015 (www.canadasocialreport.ca). It is intended to act as a national hub of social policy information. The Canada Social Report features both Caledon-developed reports like Welfare in Can...

On November 13, 2015, the new Liberal federal government mandate letters were released and for the first time ever, publicly communicated to the Canadian public.  Through the letters, Prime Minister Justin Trudeau assigned each of his newly-appointed cabinet ministers with specific priorities and key goals for their respective portfolios over the next four years. &...

Canada has become home to approximately 6.8 million immigrants and a total population that includes over 200 ethnic origins! Thanks to funding provided by Citizenship and Immigration Canada (CIC), Prosper Canada has developed the online Money Management Tool for Newcomers to help new Canadians learn about our increasingly complex financial system. The tool provides valuab...

The 2015 ABLE Financial Empowerment Conference was a great learning and networking opportunity for many of our stakeholders who joined us in Toronto for two days this past November. We had an incredible roster of expert speakers who shared their knowledge and engaged more than 300 attendees in spirited and enlightening discussions on a range of financial empowerment topic...

$500,000 donation will help build the financial health of 1 million vulnerable Canadians   Toronto, January 5, 2016 – National charity Prosper Canada is pleased to announce a $500,000 personal donation from an anonymous supporter. This generous gift will help Prosper Canada to achieve its goal of expanding financial empowerment supports across Canada to hel...

FrançaisToronto, November 26, 2015 – National charity Prosper Canada has released a new report demonstrating the impact of the TD Financial Literacy Grant Fund, Canada’s first national granting program dedicated to building the financial literacy of Canadians with low incomes, and providing a snapshot of Canada’s growing community financial education field....

Capital One Canada and Prosper Canada announced they are launching an innovative financial coaching pilot project to develop and test different approaches to financially empower Canadians living on low incomes.Read

FrançaisToronto, November 25, 2015 – Prosper Canada, the Canadian Bankers Association (CBA) and the Financial Consumer Agency of Canada (FCAC) today announced a new collaboration to strengthen financial literacy program evaluation in Canada. Working together, they will develop a database of evidence-based financial literacy outcomes and indicators with an accompanying ...