More than 500,000 Canadians have taken control of their financial future—and you can be one of them.
COVID-19 has left many Canadians feeling more financially vulnerable than ever. A year into the pandemic, one in five Canadians (20.4 percent) reported difficulty paying for basic necessities like food, housing, and other expenses, with women, youth, Indigenous people, and racialized communities bearing the brunt of employment and earnings losses.
Even before the pandemic, more than four in ten Canadians (43 percent) were living paycheque to paycheque. Almost half of Canadians (48.8 percent) lacked enough savings to stay above the poverty line for three months.
Financial stress is a heavy burden to carry, but you don’t have to carry it all on your own. Help is available for those who want to take charge of their finances.
Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living on low income, recognized the barriers faced by vulnerable Canadians and responded by creating a “Trove” of resources to help people regain financial control.
Trove is a free bilingual website created to help Canadians navigate their money situation, take charge of their spending, learn about tax filing and benefits, manage their debt, and plan for their futures.
Financial empowerment is an approach to poverty reduction that focuses on improving financial security—and that starts with having access to the tools needed to improve your financial literacy! Easy to understand and easy to use, Trove brings together a wealth of financial tools, worksheets, and educational information to help Canadians build healthy money habits and succeed financially.
Everyone wants to take control of their finances, but how do you tackle debt, stick to a budget, and save money for your goals when times are tough?
It’s hard to know where to start and where to find financial information and resources you can understand and trust. Trove eliminates these barriers by providing a full range of free, tested tools and learning resources in plain language, designed for everyday Canadians struggling with lost jobs and incomes.
Tackling your finances can be daunting, but knowing where to start is the first step.
To find out what you can do to improve your money situation, visit yourtrove.org
Trove is designed to help you find simple, easy ways to improve your finances. Explore a variety of financial tools and resources to meet your needs.