Blog

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.
 

For Black History Month, the Broadbent Institute launched a policy series highlighting bold policy solutions in order to tackle anti-Black racism, focusing on the need for intergovernmental action. Melana Roberts, a municipal and federal food policy advisor, public speaker and community advocate based in Toronto posits that it is about more than addressing hunger, it's about combating anti-Black racism and intergenerational poverty through a multi-pronged intergovernmental approach, grounded in the right to food.

 

Carla Macias, an Ecuadorian who came to Canada in 2007, shares her journey of integrating into a new country, outlining the ups and downs of facing a world where not only learning a new language is key to success but financial literacy proves equally important. Carla articulates just how instrumental the Jane/Finch Centre was to helping her embark on a path to ensure financial success for herself and her family.

The Working Centre helps Nimaa, a single mother and newcomer to Canada, shed light on the unique financial challenges she experienced as an Arab woman and helps her secure benefits and financial support. Also, and importantly, they help her find the confidence to manage her own money and budget ensuring her future is brighter and full of possibility. 

Despite successfully accessing much needed benefits, systemic issues persist

An important aspect of financial empowerment work is ensuring people living on low income can access the benefits they are eligible for with ease. This can often be the “make or break” moment for many Canadians when they receive the much needed income. Small or large, the financial influx is often a relief for those who struggle financially. The value of accessing benefits cannot be understated and in the case of one EBO Financial Education Centre client, that experience has had an incredibly profound impact on her and her family’s life!