This report, Control, Sufficiency, and Social Support: Lessons from Low-income Canadians about Financial Wellbeing, examines how diary participants achieve the financial wellbeing that they have. The evidence we found is that low-income people work very hard to manage their finances. They...

Cities are a significant source of economic growth and prosperity, but they may also contribute to social problems. In particular, the dynamics of urban spatial structure may exacerbate such problems as unemployment and poverty in the inner city. In this paper we examine a more recent but...

This book examines how credit and finance schemes affect the financial lives of vulnerable people around the world. These schemes include payday lending, matched savings, and financial literacy in the Global North, and micro-credit and mobile banking in the Global South. Buckland sets these...

This book analyzes the highly contentious payday lending industry, presenting valuable new data collected during Canada's recent regulatory reviews and demonstrating its relevance to payday lending conversations taking place worldwide. The authors treat the industry with a balanced hand by...

Although Canada has achieved relatively strong levels of social and economic equity, some indicators point to a decline in equity during the 1990s and 2000s. The changing role of the state helps to explain this change as does the process of financialization. Financialization – the growth in...

This report examines four distinct and geographically dispersed projects referred to here as community banking projects. The projects identified are Pigeon Park Savings (PPS, Vancouver), the Community Financial Services Centre (CFSC, Winnipeg), the Cash & Save (Toronto) and the Fonds...

Changes are occurring in the provision of consumer credit, including the expansion of subprime and some fringe financial services (e.g., payday lending). We link two existing literatures on credit constraint and financial exclusion to assess the impact of these developments on the financial...

This article analyzes the socioeconomic characteristics of the financially excluded in Canada using the 1999 Statistics Canada Survey of Financial Security and two surveys sponsored by the Financial Consumer Agency of Canada in 2001 and 2005. The authors find that financial exclusion is more...