Author: Amanda McKellar

Our New Strategic Direction

Featured Video Play Icon

In the Spring of 2017, you joined Momentum to help us envision the future. Together we shared dreams and hopes for Momentum through stories, drawings and action plans. From this process, we’ve created a new strategic vision for our work. We’re excited to present our new strategic vision that you helped us to craft. Thank you for being an engaged part of the Momentum community!… Read more

A Study on the Impact of the Changes in Payday Loan Regulation in Alberta on Borrowers

Dear Potential Participant: Have you taken a payday loan in the last three years?  If yes, We would like to invite you to participate in a research being conducted by a team from Mount Royal University in collaboration with Momentum. We are interested in talking to you about your experiences with payday loans to understand whether and how you have been impacted by the changes… Read more

Re: Payday lenders down 25% under new law (Calgary Herald)

There is no doubt that new rules have significantly changed the payday loan industry in Alberta. The changes have increased the importance of alternative options for short-term credit, such as products now offered by ATB and First Calgary Financial. However, it is incorrect to assume that the supply of credit provided by these options needs to meet the demand for short-term credit prior to the… Read more

Nicole’s Story

Featured Video Play Icon

Words that come to mind to describe Nicole: kind, driven, funny, and authentic. She’s the type of person that it’s easy to get to know because she emanates honesty, openness and caring. But Nicole has not had an easy life. Facing abuse and poverty throughout her childhood, she struggled with addiction and didn’t finish high school. After starting her own family she had to count… Read more

The Basics of Using Credit

Amber Cannon is a Momentum volunteer and participant. Here she shares what she discovered about credit. Who, really, wants to talk about, let alone think about their credit? Certainly not I. But in today’s society, credit is a must have. On this session of my Savings Circles program I learned that credit can be unsecured or secured. Unsecured being: You do not have to offer… Read more

Growing your Assets

Amber Cannon is a Momentum volunteer and participant. Here she shares what she discovered about her assets. In my second class of Savings Circles at Momentum we looked at assets. What is an asset? Assets are typically looked at as having ownership of something worth value. Typically a car, a home, a farm. Here we looked at it in multiple levels. Finances, connections, sense of… Read more

Budgeting on a Low Income

Amber Cannon is a Momentum volunteer and participant. Here she shares the reality creating a budget when on a low income. My first class at Momentum was Budgeting. Probably the best class to have, at the very beginning of my savings circles program. I learned about what kind of relationship I had with money. Good, bad? When I hear the word “money” I think of… Read more

Have your Say: Government of Alberta’s Proposed Consumer Protections

The Government of Alberta is looking for ways to better protect Alberta’s consumers—like you and I—and is needs your input! They recently launched a consumer protection survey to collect feedback on 14 different consumer issues, including: A consumer bill of rights Door-to-door sales The automotive sector Household moving Ticket sales Gift cards Truth in pricing Veterinary billing Fairness between consumers and businesses Cancellation rights Talent… Read more

Learn from Local Entrepreneurs: Patrick Lor

Featured Video Play Icon

Momentum is partnering with Bootkik Video to share the stories, successes, failures and lessons learned from some of our city’s leading entrepreneurs. Our hope is that these stories can provide inspiration to the entrepreneurs that we are connected to as well as inspire our wider community to support local businesses and build a stronger Calgary. We hope you enjoy the stories in this series. This… Read more

Engaging in Determining Vision

Recently, Momentum connected with our community to begin the process of determining our strategic map to carry us forward. We are grateful to everyone that engaged with us in our strategic visioning process. The visions and actions created through your engagements will be used to develop Momentum’s new strategic directions. Together we worked to: Discover what factors are vital to Momentum’s current work and past… Read more