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Close Canada’s financial help gap before it’s too late for struggling households

Canada’s National Financial Literacy Strategy identifies expanding access to ‘trustworthy and affordable financial help’ as a priority, but Ottawa has failed to put money or muscle behind this goal.

Opinion
BY ELIZABETH MULHOLLAND
April 8, 2024

Opinion | BY ELIZABETH MULHOLLAND | April 8, 2024

See all stories BY ELIZABETH MULHOLLAND

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Canada’s financial help gap will not solve itself and people with low incomes cannot afford to wait any longer. The time for action is now.

Access to good, relevant, financial help is missing for those who need it most

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Canada’s financial help gap will not solve itself and people with low incomes cannot afford to wait any longer. The time for action is now.

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It is estimated that 10 to 20 per cent of Canadians are underbanked, and many of these people are from low-income households.

Close Canada’s financial help gap before it’s too late for struggling households

Canada’s National Financial Literacy Strategy identifies expanding access to ‘trustworthy and affordable financial help’ as a priority, but Ottawa has failed to put money or muscle behind this goal.

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Fighting inflation can’t be left to central banks alone

Fall economic statement should include tax filing help, banking reforms, say advocates for lower income Canadians

Charities can’t keep helping others if no one will help them

Access to good, relevant, financial help is missing for those who need it most

Is the priority of financial inclusion in action evident across Canada? For women, the answer is no

Fighting inflation can’t be left to central banks alone

Fighting inflation can’t be left to central banks alone

Fall economic statement should include tax filing help, banking reforms, say advocates for lower income Canadians

Fall economic statement should include tax filing help, banking reforms, say advocates for lower income Canadians

Charities can’t keep helping others if no one will help them

Charities can’t keep helping others if no one will help them

Access to good, relevant, financial help is missing for those who need it most

Access to good, relevant, financial help is missing for those who need it most

Is the priority of financial inclusion in action evident across Canada? For women, the answer is no

Is the priority of financial inclusion in action evident across Canada? For women, the answer is no

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Close Canada’s financial help gap before it’s too late for struggling households

Canada’s National Financial Literacy Strategy identifies expanding access to ‘trustworthy and affordable financial help’ as a priority, but Ottawa has failed to put money or muscle behind this goal.

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