Money Matters

Money Matters is a free introductory financial literacy program that has been delivered to Canadians since 2011 and has reached more than 125,000 adults. It was developed by ABC Life Literacy Canada with support from the Government of Canada and Money Matters founding sponsor TD Bank Group. The program was designed by literacy educators and in consultation with adult learners.

Money Matters is delivered in classrooms, workplaces and community organizations across Canada. Workshops can be delivered by the staff of the group delivering the program, or with the optional support of local TD Bank Group volunteer-tutors. Program resources can be adapted to the needs of individual groups.

A Financial Literacy Program for Adult Learners

Hear from Money Matters participants and facilitators about the impact of the program.

Testimonials

“Hosting Money Matters virtually and in-person has always been a huge success. With help from the volunteers, the workshop always goes smoothly and allows for our learners to ask questions and subsequently receive accurate answers from the experts themselves.”

Educator

“The TD Bank volunteer tutor was very knowledgeable and helpful. It added great value by having someone who knows about these things inside and out. They were so accommodating and easy to work with”

Educator

Facts & Statistics

46% of Canadians were targeted for financial information through phishing or hacking.

Canadian’s Financial Well-being: Summary of Financial Consumer Agency of Canada survey findings – Financial Consumer Agency of Canada, 2023

49% of people with low incomes in Canada carry debt and those who do spend an average of 31% of their income on debt payments.

Roadblock to Recovery: Consumer debt of low- and moderate-income Canadian households in the time of COVID-19 – Prosper Canada, 2020

12.5% (almost 800,000) of lower-income households experienced difficulties in accessing financial help programs or services (compared to 7% of households overall). A further 9% of households with lower incomes could not access help file taxes and obtain benefits they were eligible for, while 9% could not access help in managing their debt.

Financial Vulnerability of Low-Income Canadians: A Rising Tide – Financial Resiliency Institute, 2022

44% of Canadians say that money is what tends to cause them the most stress in their lives.

2024 Financial Stress Index – Financial Planning Standards Council, 2024

People who have higher levels of financial confidence tend to have better results with day-to-day money and debt management than those with low levels of confidence.

The link between financial confidence and financial outcomes among working-age Canadians – Social Research and Demonstration Corporation, 2016