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.

Finance Minister Chrystia Freeland is responsible for Canada’s National Financial Literacy Strategy. Prosper Canada is calling on the government to invest $85-million over five years to close the financial help gap, writes Elizabeth Mulholland.The Hill Times photograph by Andrew Meade

Opinion

BY ELIZABETH MULHOLLAND

April 8, 2024

The affordability crisis is financially crushing low- and moderate-income Canadians who are increasingly spending down their savings, and taking on debt they cannot afford just to make ends meet. These same households are struggling to find the advice they need to stabilize ...

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