Is Canada Bridging the Financial Inclusion Gap? Here’s What the Latest Data Shows

by Eloise Duncan | Dec 20, 2024 | Financial Resilience, Financial Wellness, Seymour Financial Resilience Index TM

December 24, 2024 Authors: Eloise Duncan and Shela Tran, Financial Resilience Institute   What is Financial Inclusion anyway? Financial inclusion refers to the ability of individuals and businesses to access useful and affordable financial products and services...

Financial Resilience Gender Gap Narrows in Canada but Barriers Persist

by Eloise Duncan | Dec 10, 2024 | Financial Resilience, Financial Wellness, Seymour Financial Resilience Index TM

Opportunities to Advance Gender Equality and Empowerment December 10, 2024 Authors: Eloise Duncan and Gaurangi Gyanesh Singh   Financial Resilience Gender Gap is Narrowing in Canada The financial resilience gender gap is closing. This is the difference in the...

Two-thirds of Canadians choose the word ‘saver’ to describe their main money personality

by Umar | Oct 28, 2023 | Financial Resilience, Financial Wellness, Seymour Financial Resilience Index TM

Rob Carrick – Globe and Mail October 24, 2023   If you were to pick a dominant theme in Canadian personal finance, you could do a lot worse than debt. We’re among the world’s leaders in taking on debt to buy houses and other stuff. We might be better at it than...

How much Canadians have fallen behind amid high inflation and who’s hurting the most

by Umar | Mar 9, 2023 | Financial Health, Financial Resilience, Financial Wellness, Uncategorized

Source: Bloomberg February 8, 2023   Inflation has eroded purchasing power for many Canadians, but the experience with rapidly rising prices has been far from uniform. While the inflation rate shows how quickly prices are rising, other factors like income and...

Uh, Mr. Poilievre? Canada Pension Plan premiums are not a tax

by Eloise Duncan | Sep 27, 2022 | Financial Health, Financial Resilience, Financial Wellness, Seymour Financial Resilience Index TM, Uncategorized

Uh, Mr. Poilievre? Canada Pension Plan premiums are not a tax. Source: Rob Carrick, Globe and Mail September 27, 2022   It’s a little insensitive, but necessary, to raise the issue of retirement saving at a time when many households are struggling to pay for...

Trudeau announces billions in cost-of-living relief, says it won’t fuel inflation

by Eloise Duncan | Sep 16, 2022 | Financial Health, Financial Resilience, Seymour Financial Resilience Index TM

Double GST rebate and top up housing benefit for renters Prime Minister Justin Trudeau announced a package of new measures to help Canadians cope with steeply rising prices, as his governing Liberals face increasing political pressure to mitigate the cost-of-living...