“Prosper Canada has struggled for a long time to get a clear picture of the financial health and resilience of Canadians with low to moderate incomes, due to the lack of comprehensive, timely disaggregated public data. The Financial Resilience Institute and Index have transformed our work, enabling us to finally join hard data with our qualitative insights to provide a detailed picture of the financial challenges households are experiencing and key trends over time. With support from Eloise and her team, we’re able to generate and share new and important insights with our government, business and community partners – helping them to better understand what Canadians are experiencing, and where they can usefully intervene to help financially struggling households build their financial stability and health.”
Recent Posts
- Index shows only 24% of Canadians are Financially Resilient. 76% of Canadians have financial vulnerability and financial stress levels remain high
- Two-thirds of Canadians choose the word ‘saver’ to describe their main money personality
- Financial Resilience Institute report highlights the role of professional financial planning as a pathway to improving financial resilience
- How much Canadians have fallen behind amid high inflation and who’s hurting the most
- New study shows 73% of lower-income Canadians now ‘financially vulnerable’ or ‘extremely vulnerable’