An average Canadian household cannot cover an unexpected $200 expense.
Unexpected Expenses is an Alberta-wide public awareness campaign that encourages Albertans to know in advance how they will pay or save for an unexpected expense. To get people talking, each day in November they are giving away a $500 emergency savings account to someone who posts their unexpected expense of social media or at www.unexpectedexpenses.ca. That’s 30 Albertans with $500 in emergency funds in their bank!
Want to know more? Check out these stories:
The Williams Lake Tribune: Budget setting first step to financial planning
Toronto Star: Provincial adviser proposes basic income of least $1,320
Edmonton Journal: Emergency money being handed out as financial literacy month campaign kicks off
Calgary Herald: Fortney: Financial literacy campaign walks the talk with prize money
Global News: Financial literacy urged so Albertans can survive ‘booms and busts’
CKNW News Talk: New report shines light on B.C.’s high child poverty rate
CBC News – Toronto: A year after city launches strategy to reduce poverty, what’s been done?
The Squamish Chief: COLUMN: Low wage Squamish job?