Canadian Foundation for Financial Planning offers free tools and resources to support resilience
FP Canada and the Institute of Financial Planning have jointly launched the Canadian Foundation for Financial Planning, an independent registered charity focused on improving Canadians' access to financial planning.
According to its press release, the Foundation aims to support financial resilience, particularly among financially vulnerable groups, including low-income earners, youth, Indigenous Peoples, newcomers to Canada, seniors, and people with disabilities.
The Foundation’s mission is to equip Canadians with the knowledge and confidence needed to build financial resilience.
Its programs will include:
- Free financial planning seminars and webinars in collaboration with community-based organisations.
- A pro bono program connecting eligible Canadians with professional financial planners.
- Online tools and resources.
“Many Canadians are struggling financially and are unsure where to turn for help,” stated Carolyn Fallis, chair of the Canadian Foundation for Financial Planning.
She highlighted that financial planning can significantly contribute to financial resilience, and the Foundation aims to break down barriers preventing access to professional advice.
The Foundation will operate on a national scale, working with community partners and professional financial planners to ensure its programs are accessible and culturally relevant.
“Financial planning is a powerful tool that can empower Canadians to build financial resilience and confidently navigate the complex financial world,” said Chantal Lamoureux, president and CEO of the Institute of Financial Planning and a Foundation Board Member.
FP Canada president and CEO, Tashia Batstone, who also is the treasurer on the Foundation's Board, connected the initiative to FP Canada’s IMAGINE 2030 vision, emphasising the importance of financial wellness for all Canadians.
“Everyone deserves the opportunity to take control of their finances and build a more secure future,” she stated.
The Foundation’s efforts are supported by its Founding Members, FP Canada, and the Institute of Financial Planning. RBC Foundation, a founding partner, is also contributing to expanding the Foundation's reach.
“RBC and RBC Foundation are committed to driving more equitable opportunities for prosperity in our communities,” said Andrea Barrack, SVP of Sustainability and Impact at RBC and executive director of RBC Foundation.
She affirmed RBC Foundation’s commitment to reducing barriers for financially vulnerable individuals.
The Foundation is actively seeking additional support and expects to roll out its programs in 2025.
The organisation will be guided by a volunteer Board of Directors with diverse expertise, including:
- Chair: Carolyn Fallis
- Treasurer: Tashia Batstone
- Board Members: Shawn Brayman, Jennifer Curpen, Caroline Dabu, Nola Joorisity, Annick Kwetcheu Gamo, Chantal Lamoureux, Doretta Thompson, and Sylvain Tremblay
