Toronto Public Library Partners with Prosper Canada

July 14, 2020 | Diana L.

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Since September 2019, we have been working with Prosper Canada as a service development and delivery partner. This is part of the Prosperity Gateways: Cities for Financial Empowerment (CFE) Toronto project, funded by Maytree and TD. This project employs a structured, human-centered consulting process over a 27-month period. We will identify, design and integrate scalable and sustainable opportunities for financial empowerment into our library programs and services. This project also supports the City of Toronto’s Poverty Reduction Strategy.

By the end of this project, our goal is to:

  • Enhance access to financial empowerment interventions for Toronto residents living on low incomes
  • Co-design a solution that improves their financial well-being
  • Measure the impact of our new programs and services.

 

This partnership supports TPL's priorities from our previous and current Strategic Plans.

 

These priorities are:

  • Establishing TPL as Toronto’s centre for lifelong and self-directed learning.
  • Providing the vital ingredients for a democratic society.

 

About Prosper Canada

Founded in 1986, Prosper Canada is a national charity. Their goal is to expand economic opportunity for Canadians living in poverty with program and policy innovation. Prosper Canada works with government, business and community partners. Together, they develop and promote financial policies, programs and resources to transform lives and foster prosperity for all Canadians.

Prosper Canada Logo

 

Financial Relief Navigator

Prosper Canada has recently created a new tool, the Financial Relief Navigator (FRN). It is a bilingual online portal that helps Canadians identify financial relief efforts created during the COVID-19 pandemic. This mobile-friendly tool includes information on the supports from federal, provincial and territorial governments. It also curates relief from banks, credit unions, and bills such as utility, internet and telecom.

 

Financial Relief Navigator Logo

The descriptions for each financial relief measure includes eligibility requirements. They also details on how new benefits may impact existing benefits some people receive already.

Learn more about the Financial Relief Navigator at financialreliefnav.prospercanada.org.

 

Launch Event

To support the launch of the FRN tool, we are hosting a 75-minute online information session on Thursday, July 30, 6:30 to 7:45 pm. Sarwar Choudhury will moderate this event, and it will include:

  • A brief panel discussion on income insecurity and financial preparedness during the COVID-19 pandemic
  • An explanation of how to use the FRN tool to access supports and relief, increase income and reduce expenses.

 

The live event has passed, but you can watch the reply online!

Our featured panelist is a representative from North York Community House (NYCH). NYCH is a multi-service organization. They have been assisting people with accessing benefits during the COVID-19 pandemic.

Sarwar Choudhury is a Chartered Professional Accountant (CPA), Chartered Accountant (CA) and Toronto Public Library Board Member

This event is part of our Live & Online programs and is a virtual version of our Personal Finance programming.

 

Other Online TPL Personal Finance Programs

Talk money to me

We hosted a great event on June 4 with Kelly Keehn in conversation with Sarwar Choudhury. Keehn is personal finance educator, FP Canada Consumer Advocate, and best-selling author of Talk Money To Me. Sarwar Choudhury is a Chartered Professional Accountant (CPA), Chartered Accountant (CA) and Toronto Public Library Board Member. They discussed how to save and spend wisely, feel good about money, and start living a more balanced life, even during these challenging times.

Watch the video replay of this event with Kelly Keehn and Sarwar Choudhury.

 

On July 10, we hosted a finance event with Matthew Siwiec for students and youth. Matthew Siwiec is a Certified Financial Planner (CFP). He talked about the Canada Emergency Student Benefit (CESB) and Canada Student Service Grant (CESS). These programs were introduced to offer financial support to students impacted by COVID-19. 

Watch the video replay of this event with Matthew Siwiec.

 

More Online TPL Resources

For further reading, check out these newly updated personal finance lists:

 

Edited July 31, 2:30pm: Added the launch event replay link.

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