Blog

In a recent interview with Danielle Thibaudeau from the Commissioner of Social Services’s Office at The Regional Municipality of Durham, Prosper Canada delved into the world of financial empowerment and the unique challenges faced by low-income Canadians. Danielle, Policy Advisor in the Strategic Partnerships and Priority Teams within the Social Services Department Commissioner's Office, shared her insights into the importance of financial resources, collaborations with non-profits like Prosper Canada, and the impact of the Making the Most of Your Money resource. The resource is a free online course designed to help individuals and families living with low income learn about money in an accessible way. It was developed by Prosper Canada with the generous financial support from Ontario Securities Commission and has been implemented by the Region of Durham to facilitate financial education within its community.

Canada's diverse landscape is home to many First Nation communities. Despite the availability of resources, these communities often face neglect in accessing vital financial support. The Financial Wellness in First Nations project is attempting to change this reality by bringing together non-profit organizations, community service centres, and Indigenous community organizations in a transformative partnership. This two-year project funded by IG Wealth Management aims to embed culturally appropriate financial wellness support in several First Nation communities.

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.