With the wealthiest 10% of the Canadian population owning 47.9%[1] of the wealth and the bottom 30% owning just 1%6[2], there is a significant and growing inequality across Canada.
Despite a breadth of tools and resources, the Canadian Payroll Association survey found that 47% of people were living paycheck to paycheck[3] and 36% of Canadians report that not having enough money actually keeps them awake at night [4].
[1] Haves and Have Nots; Deep & Persistent Wealth Inequality in Canada, Broadbent Institute September 2014, p.3
[2] Haves and Have Nots; Deep & Persistent Wealth Inequality in Canada, Broadbent Institute September 2014, p.3
[3] http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/money-stress-catches-up-with-canadians/article5221810/
[4]http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/money-stress-catches-up-with-canadians/article5221810
[2] Haves and Have Nots; Deep & Persistent Wealth Inequality in Canada, Broadbent Institute September 2014, p.3
[3] http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/money-stress-catches-up-with-canadians/article5221810/
[4]http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/money-stress-catches-up-with-canadians/article5221810
WHY IS THIS? AND MORE IMPORTANTLY
HOW MIGHT WE CHANGE IT?
- What if we thought differently about finances?
- What if we moved from expert and product driven financial advice to openly talking about finances, sharing our knowledge, tools, and resources?
- What if we paid more attention to the barriers that are preventing people from succeeding and collectively worked to create meaningful solutions?
- What if we helped each other get to our financial goals?
STRIVE is working to do just that
- Hosting peer to peer workshops designed to help Canadians take control of their finances
- Working to create an understanding of where system barriers are preventing people from thriving and what meaningful solutions could look like
- Working to recognize and encourage behaviours of resiliency
Interested? Email to learn more about where we are and our upcoming workshops