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22 June 2023
Author: Carrie Wong and Nandita Bijur

Via OMSAA's June Blog

Now more than ever Canadians are recognizing the importance of financial well-being – achieving peace of mind about our financial situation, feeling secure in our ability to absorb a money setback, and having the freedom to make choices that allow us to enjoy life. However, research shows that 63% of Canadians living on low-income are very concerned about their ability to meet basic expenses and that 54% of Canadians with income under $50,000 say they are in poor or terrible financial shape. Financial stress severely impacts our physical, emotional, and mental health.

30 March 2023
Author: Anitha Thillainathan
As a society, we often perceive education as a powerful tool that opens a world of opportunities, including a way to overcome financial hardships. Through education, individuals can secure employment and improve their standard of living. While education can serve as a steppingstone towards financial stability, it is important to recognize that without the right resources, it can be difficult to attain financial independence.
 
27 January 2023
Author: Anitha Thillainathan
Canada is often celebrated as a multi-cultural land of great opportunities where people from all walks of life are free to express their identities and live comfortably. But the remnants of Canada’s historical practices are apparent among some communities even today. The wounds from colonization and its negative impacts are deeply rooted within Indigenous communities in Canada. Covid-19 has further complicated the situation by widening the economic disparities experienced by vulnerable communities including the Indigenous Peoples. 
15 February 2022
Author: Ana Fremont
“What if Canada Revenue Agency decides to freeze my bank account and seize all my assets because I haven’t filed my taxes for so long?” Roger nervously asked the Financial Empowerment and Problem Solving (FEPS) worker at Agincourt Community Service Association (ACSA) during his initial call seeking help with his back taxes. Staff could see Roger was extremely nervous about his situation and knew it would only be possible to help him if they took the time to listen and to understand his story and concerns.
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 affected by that lack of understanding. 
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