cover image: Missing for those who need it most - Canada’s financial help gap

20.500.12592/p6zwp1

Missing for those who need it most - Canada’s financial help gap

6 Apr 2023

incomes are frequently unable to access the types of help they need to build their financial capability, The National Financial Literacy Strategy also maximize their incomes, tackle urgent financial identifies the need to “Build and provide for problems, and set and pursue financial goals. [...] their implications, and sets the stage for the next from all sectors who contributed their phase of our work – working with stakeholders In this project, we have attempted to identify gaps expertise and insights to this work.from all sectors to identify and advance solutions in access to affordable, appropriate and trustworthy to close Canada’s financial help gap for people with financial help for. [...] Prosper Canada | Canada’s Financial Help Gap 2023 17 Access to priority financial help services In summary, there is no single source of • Provision of information/advice on how to support to set specific saving goals and to put comprehensive help and advice for people with save successfully in place more comprehensive action plans and low incomes seeking to understand, select and mechanisms to ac. [...] number of community organizations help people A small number of community financial help with low incomes to understand the kinds of Help to set and pursue short- and longer-term organizations offer financial coaching services to financial products appropriate to their needs and saving goals is important for people with low people with low incomes that include helping them refer them to potential. [...] Prosper Canada | Canada’s Financial Help Gap 2023 27 Appendix B Access to trustworthy financial help services is engaged in the development of our research Financial help crucial for people to make good financial choices approach and typology of services, and on the Personalized and semi-personalized financial and thereby to increase their financial health.
Pages
37
Published in
Canada