Disclosure of Grant and Contribution Awards

Recipient Name: National Initiative for the Care of the Elderly
Location: Toronto, Ontario
Date: 2010-03-15
Value: $390,227.00
Type: Grant
Purpose: This two year national project aims to foster the economic security of 468 women aged 55 and over by enhancing their financial literacy. Senior women will develop and deliver 12 two-day pilot workshops in four community agencies in three cities. The proposed project: (1) specifically targets older women who are the most economically insecure, particularly unattached and immigrant women; (2) adopts a peer education model with a ‘train the trainer’ component, and (3) provides a comprehensive financial literacy information kit to: (a) create a personalized financial plan; (b) optimize pensions and public benefits; (c) adopt effective banking practices; (d) understand the legal dimensions of financial literacy, and (e) prevent or intervene in situations of financial abuse.
Comments: Multi-year project of 24 months