News

Français November 28, 2019 (Toronto) – Prosper Canada and the Canadian Council on Social Development today released a new report comparing household financial health across Canada’s 35 largest cities.    A multi-phase research initiative sponsored by the Investment Industry Regulatory Organization of Canada (IIROC), Urban Spotlight: Neighbourhood ...

Français More than 30 budget counselling organizations, including Ottawa’s EBO Financial Education Centre, met on September 19, 2019, near Québec City, to discuss and share the results of the impact study by Desjardins Mutual Assistance Fund as well as its recommendations. The microloan program has been in existence since 2002 and is offered today by 35 community-bas...

Learning how to save money can come in many forms such as sticking to a budget, cutting spending and finding the right tools to help you. For those living on low income, saving can be an even greater challenge however; one proven way is finding ways to boost your tax refund. Alex* became a Tax Time Savings (TTS) participant recruited from one of the free tax clinics ope...

by Geneviève Tallmeister, SmartSAVER  We know that many parents are going through great lengths to save - whether it be through coupons when grocery shopping, finding the best back-to-school deals, or packing a brown bag lunch for their child. According to recent research by Mintel, 86 per cent of households who make less than $50,000 annually use a rewards o...

Financial empowerment must be included in federal party policy. Let’s spread the word that financial insecurity should be included in all policy platforms.    The ABLE Financial Empowerment Policy and Research Action Group has designed a toolkit to provide context, frame the “asks” and help you locate your MP and candidates, including how to...

Français Have you saved the date for the 2020 ABLE Financial Empowerment Conference yet? Join financial empowerment leaders from across the country on May 6-7 at the Fredericton Convention Centre, Fredericton, New Brunswick.  Planning for the conference is underway and we’ll be rolling out details on the speakers and agenda shortly. Under the conference the...

On September 18, 2019, Adam Fair, Vice President, Strategy and Impact, presented alongside two other Canada/U.S. Regional Finalists at the MIT Inclusive Innovation Challenge at the MaRS Discovery District. Adam presented our online benefits screening solution to more than 200 audience members and a panel of judges, sharing its potential to help low-income...

Many Canadians are struggling to save. Behavioural science and our personal experience reinforce that we’d rather spend than sock away our hard-earned dollars.But for modest-income Canadians, it’s proving to be less of a choice. Recent research is highlighting some alarming trends. Fully one third of Canadians are “asset-poor,” lacking the assets like...

Last year TD launched The Ready Commitment, their new corporate citizenship platform targeting $1 Billion by 2030 in four key areas:    financial security  a more vibrant planet  connected communities; and  better health  As part of this commitment, TD partnered with key non-profit partners, like Prosper Canada, to leverage busin...

In today’s non-profit landscape, there are challenges that are common to many organizations. Lack of resources, funding, sustainability, and an increasing demand for services, often result in difficulty building capacity. The magnitude of these issues can be quite daunting however, there is a burgeoning appreciation for the benefits of creating critical partnerships...