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Blog
WoodGreen champions financial empowerment to build self-sufficient communities
22 November 2023
Author: Anitha Thillainathan
WoodGreen Community Services, a pillar of support in Toronto, positively impacts the lives of 37,000 individuals annually. Their diverse initiatives range from enhancing seniors' well-being to aiding newcomers in their Canadian journey, addressing housing challenges, and preparing youth for the workforce. As a significant United Way of Toronto member, WoodGreen actively contributes innovative solutions for pressing social needs, earning recognition across the Greater Toronto Area. WoodGreen also has considerable experience in helping low-income adults to improve their financial well-being. Their Financial Empowerment (FE) Program endeavours to alleviate and help individuals transition out of poverty through offering a full suite of specialized empowerment interventions, including financial literacy workshops, one-on-one financial counselling, benefits assessments, and free year-round income tax preparation. Prosper Canada is honored to collaborate with such impactful community organizations like WoodGreen. In this spotlight, we explore recent successes, encountered challenges, valuable lessons learned, and an inspiring client story that underscores the transformative impact of their efforts.
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A path to financial security: Danielle's experience in Durham region
26 September 2023
Author: Anitha Thillainathan
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.
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financial literacy
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financial literacy month
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financial stability
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financial well-being
,
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goals
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health
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inclusion
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INCOME
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literacy
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loan
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low income
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low-income
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networking
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Dreaming big: Financial empowerment leads to a life transformed
26 November 2021
Author: Wendy Abbott-Serroul
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.
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financial well-being
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goal setting
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immigrant
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immigration
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literacy
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low income
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low-income
,
newcomer
,
newcomers
,
RDSP
,
tax filing
,
tax-filing
Navigating a financial maze as an Arab newcomer to Canada
8 September 2021
Author: Wendy Abbott-Serroul
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.
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low-income
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EBO helps client access over $120,000 in retroactive benefits
24 March 2021
Author: Marc d'Orgeville
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!
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