Canadians’ Financial Health
The Financial Health Index study, in its third year, is Canada’s most robust, independent investigation into consumer financial health, resilience and wellness: and the role financial institutions can play to improve the financial lives of Canadians.
First launched in 2017, the national longitudinal Financial Health Index [“FHI”] studies in 2017 and 2018 were developed based on the best-of-the best financial health, resilience and wellness studies around the world.
Our first study has really helped to shine a light on the financial stress of Canadians as a mainsteam issue, and the need for improved cross-sector collaboration and (financial services innovation specifically) to support Canadians, given that financial stress is one of our country’s top social problems.
The independent longitudinal studies have a sample size of 5000 adult Canadians across all provinces excluding Quebec. The 2019 FHI Study has a sample size of 3000 adults, with data weighted to be representative for the population.
With now three-years of data insights, this provides a call to action to our Canadian financial and wider ecosystem, including financial providers, insurance companies, Government, Employers, non-profits and others to do more to support the financial health and resilience of Canadians, and their overall personal well-being.
Framing Financial Health Gender Gap Report: created with Vancity (2018)
Financial Health Index
We’re partnering with committed innovators to help them improve the financial health and resilience of their customers or stakeholders at scale. Contact us to explore opportunities for your organization.