2. Financial Empowerment interventions measurably improve financial outcomes for people living in poverty
Interventions
OUTCOMES
Consumer education and
protection
Financial information, education and coaching
Safe and affordable
financial products/services
Saving and asset building opportunities
Help accessing gov’t benefits and tax credits
Financial Empowerment
Greater financial capability
More income
Enhanced financial inclusion
More financial security
Less financial risk

3. National Financial Empowerment Champions project launched Jan 2016 to expand FE capacity and delivery
We are partnering with 5 nonprofit Financial Empowerment Champion (FEC) organizations across Canada to:
Expand delivery of 5 proven financial empowerment interventions to reach at least 175,000 individuals living on low incomes
Mobilize new partnerships and resources for financial empowerment
Train other organizations to deliver financial empowerment supports
Work with large service systems to integrate financial empowerment solutions into their existing programs (e.g. provincial and municipal government services, financial institutions, etc.) or services

4. Tax and benefit assistance
Financial Empowerment Champions project is funded by ESDC to achieve the following outcomes ( )
Interventions
Target outcomes
Achieved to date
140,000 individuals receive financial education
2,000 staff trained to deliver financial education
Financial education
5,000 individuals meet one-on-one with a financial coach
Financial coaching
13,100 individuals are helped to file their taxes
3,500 benefits applications are submitted
1,000 volunteers assist with tax filing
Tax and benefit assistance
400 bank accounts are opened
5,000 individuals set up direct deposit
Basic banking support
8,000 RESPs are opened
500 staff are trained on RESP, CLB and CESG
Help opening RESPs
16%
73%
274%
292%
151%
101%
35%
18%
15%
85%
175,000 Canadians with low incomes

5. June 28, 2017
Our national Financial Empowerment Champion (FEC) representatives today
Sally Massey-Wiebe (Budgeting)
Financial Counsellor/Financial Literacy Coordinator
Jose Guerrero (Budgeting)
Financial Empowerment Counsellor
Lucas Stone (Savings)
Financial Empowerment Coordinator
Carlen Scheyk (Savings)
Financial Empowerment Facilitator
Isabelle Thibeault (Consumer protection)
Budget Counsellor
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