News

On February 10, 2023, a letter was sent to the Honourable Chrystia Freeland on behalf of Prosper Canada, FAIR Canada and other key partners, calling on the government to "establish a single, independent ombudsperson, with the power to impose binding arbitration, to address consumer complaints involving banks".  Canadians deserve no less than a world-class ban...

The 2023 Federal Budget Consultation is underway, with the deadline set for February 10, 2023.   This is a chance for the government to hear directly from individuals and organizations about priorities for Budget 2023, through written submissions and/or the completion of a short (5 min) survey.   This survey is a quick and easy opportunity to draw attention to th...

Focused on improving financial resilience for all, the The Financial Resilience Institute has recently published two new reports.The reports shine a light on Canada's more financially vulnerable populations, including Indigenous Canadians, Racialized Canadians, people not working owing to a disability, single parents and others. The insights aim to help Financi...

The Community Volunteer Income Tax Program (CVITP) provides low- and moderate-income individuals and families with free, reliable assistance in filing federal tax returns every year. It is a critical program that ensures that vulnerable Canadians receive the credits and benefits designed to support them. CVITP volunteers prepare income tax and benefit returns ...

For many people in Canada, it is increasingly challenging to find a safe and affordable place to call home. As of December 12, 2022, the one-time top-up to the Canada Housing Benefit will be available to low-income renters who need it most. This one-time payment of $500 will be available to renters who:are at least 15 years of age as of December 1, 2022have an adjusted famil...

Managing finances can be a daunting task for most people. Add to that a layer of complexity brought on by disparity and inequity, financial freedom can begin to feel like an unattainable dream. When a program can make concrete and foundational change in the lives of the people utilizing it, it bears shining a light on. Highlighting financial empowerment stories of hope and o...

Women face unique financial challenges compared to men resulting from systemic and societal barriers. The gap widens further for women within marginalized communities. Family status, self-confidence, gender stereotypes, and the way financial concepts are taught and discussed in the home all contribute to the gender gap. The Financial and Consumer Services Commission of New B...

Common Good offers a modern workplace retirement plan designed to help not-for-profit workers save for their future. As the not-for-profit sector begins to feel the impact of what many are calling the “Great Resignation”, we are doing what we can at Prosper Canada to invest in our team. Studies show that retirement benefits are a key component of employees&rsquo...

The federal government has recently rolled out a number of timely and very welcome benefit initiatives to help Canadians struggling with the surging cost of living. These initiatives include: An interim Canada Dental Benefit to help lower dental costs for eligible families earning under $90,000 per year.  (This is a temporary program while the government works to creat...

Prosper Canada is a proud signatory of the Joint Community and Labour Statement on Employment Insurance (EI) Reform. The letter was sent out to Prime Minister Trudeau and Ministers Freeland, Qualtrough and Gould to request their immediate action and bring attention to community and labour priorities and restore the role of Canada’s EI system as an economic stabilizer. ...