News

The 2015 federal budget released yesterday in Ottawa contained a number of provisions that will affect Canadians with low-incomes and the community organizations working with them to provide financial empowerment supports.  For more information, please see the Budget in Brief  or the full Budget Plan.  Financial Literacy Partnership Fund ($10 million) &...

The report, Financial Counselling for People Living on Low Incomes: International Scan of Best Practices, was released earlier today in a webinar hosted by Liz Mulholland, CEO, Prosper Canada. Liz discussed findings from the report, which looks at emerging ideas on best practice in financial counselling for people living on low incomes. The report summarizes research undert...

Dignity for All – A National Anti-Poverty Plan for Canada was launched earlier this month by the not-for-profit organization, Canada Without Poverty. The plan provides policy solutions in six areas that, if applied would help the 4.8 million people living in Canada who currently struggle to make ends meet.    Canada Without Poverty wants our help to mak...

Join Liz Mulholland, CEO of Prosper Canada, on March 26, 2015, 11:00 am – 12:00 noon (EST), for an interactive one-hour webinar to discuss findings from a new report looking at emerging ideas on best practice in financial counselling for people living on low incomes.    The report, Financial Counselling for People Living on Low Incomes: International S...

Currently, over 1.4 million children in low- and modest-income families in Canada are missing out on significant federal education funding because they don't have a Registered Education Savings Plan (RESP).    Earlier this month, www.SmartSAVER.org launched a new online application form specifically created to help these families open RESPs and access fr...

This month, Prosper Canada CEO, Liz Mulholland, participated in a public consultation on the design of the Ontario government’s proposed Ontario Retirement Pension Plan (ORPP), a new mandatory pension plan for working Ontarians that will  closely mirror and augment Canada’s longstanding national pension plan, the CPP.  Welcomed by Associate Finance Mini...

The Asset Building Learning Exchange (ABLE) recently responded to the federal government’s national consultation on strengthening the financial literacy of priority groups – newcomers, Aboriginal peoples, people living on low incomes, and those with disabilities. ABLE’s submission highlighted the diverse financial barriers and challenges experienced by memb...

Join us on November 2-3, 2015 at the Allstream Centre in Toronto to learn about the latest developments in Canada’s financial empowerment field. We encourage you to visit our ABLE 2015 Conference page for information on the conference speakers and program as these develop in the coming months and to register. Read more

As concern mounts over the growing financial vulnerability of Canadians, more and more leading edge funders are investing in financial empowerment initiatives as a way to boost the impact of traditional  poverty reduction approaches. In particular, TD Bank Group, the J.W. McConnell Family Foundation, and Meridian have all made major new investments.  TD Bank G...

The Asset Building Learning Exchange (ABLE) responds to the federal government’s consultation on strengthening the financial literacy of designated priority groups. Its report provides recommendations to ensure all vulnerable Canadians can access quality, unbiased financial information, education and advice and provides examples and further solutions for overcoming som...