Benefit Bank: Financial Planning Tools | The Ismaili Canada
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Benefit Bank: Financial Planning Tools

Benefit Bank provides a repository of online resources to enhance the Jamat’s financial safety and security during COVID-19. Learn about government assistance programs, support for small businesses, the real estate market and other ways to be prepared for imminent and long-term economic situations.  

Government Assistance

Financial help for Canadians affected by COVID-19

A comprehensive and easy-to-navigate hub of benefits the federal government, provinces, and territories are offering to people financially affected by COVID-19. Resources can be sorted by location and by a segment that best applies to you (for example students, small business, seniors, families, etc.)

 

Canada Student Service Grant

Volunteer at a not-for-profit, gain skills, connect with your community – plus you may be eligible for a grant from $1000-5000. Backed by the Government of Canada, this is a program that will provide youth with opportunities to help with the response to COVID-19 at Canadian not-for-profit organizations.

 

Deferral repayment of Canada Student Loans

Overview of measures put into place to support student loan borrowers due to COVID-19. 

 

Loan Repayment Assistance Program

If you are having difficulty or are unable to make your payments, you can apply to have the Government of Canada and your provincial or territorial government help you by paying towards your loan.

 

Mortgage payment deferral

COVID-19 has left many homeowners in Canada without a job or with reduced hours and wondering how to pay their mortgage. Homeowners facing financial stress may be eligible for a mortgage payment deferral up to 6 months to help ease the financial burden.

Financial Well-being

Jubilee Development Program Canada (JDPC)

Jubilee Development Program Canada (JDPC) is a non-profit organization started by Mawlana Hazar Imam that acts as a lender of last resort, ensuring funds are provided to students in situations after all other options available have been exhausted. Please contact your local Aga Khan Education Board (AKEB) Representative for more details on how to apply.

 

Financial help for Canadians affected by COVID-19

A comprehensive and easy-to-navigate hub of benefits the federal government, provinces and territories are offering to people financially affected by COVID-19. Resources can be sorted by location and by segment that best applies to you (for example: students, small business, seniors, families, etc.)

 

Budgeting 101

A comprehensive guide to money management techniques, how to create a successful budget and follow it, and proven strategies for avoiding too much debt.

 

KOFE Platform: Welcome to KOFE | What is KOFE Video

Web-based financial education centre specifically for the Jamat.

 

Financial Consumer Agency of Canada Budget Planner

Helps you create a customized budget in 3 easy steps. Allows you to learn and improve your financial situation by providing budgeting tips, guidelines and alerts, and helps you determine next steps with suggestions and useful links.

 

Mint App (available for iOS and Android)

An app that brings together all of your accounts, bills and more, so you can conveniently manage your finances from one dashboard.

 

You Need A Budget (YNAB) App

Personal budgeting software

 

Mylo App

An app that rounds purchases up to the nearest dollar and invests the spare change. New users, promo code EPB10 gives $10 in your first savings account.

 

3 Budgeting Apps

Overview of three budgeting apps that will help keep your finances on track.

 

Building Your Perfect Budget

A robust, downloadable spreadsheet that guides you through the budget creation process.

 

Financial Transformation Download

A free financial tracking tool to help you see and understand your financial picture.

 

Basic Budget Planner

Basic budget planner that includes inputs for Income and Expenses.

 

3 tips for managing your money during a pandemic

Three tips from Metro Morning financial columnist Shannon Lee Simmons on how to manage your finances right now.

 

How to file taxes for free in Canada

A 30-minute step-by-step video to filing taxes online using UFile.

 

Fraud and Scam Information

Ways to protect you and your families from fraudulent activity during COVID-19.

Small Business

Financial help for Canadians affected by COVID-19

A comprehensive and easy-to-navigate hub of benefits the federal government, provinces and territories are offering to people financially affected by COVID-19. Resources can be sorted by location and by segment that best applies to you (for example: students, small business, seniors, families, etc.).

 

How to file taxes for free in Canada

A 30-minute step-by-step video to filing taxes online using UFile.

 

Small Business Financial Support Resources

Resources from The Government of Canada, who will be working with Canadian Banks and The Business Development Bank of Canada to provide critically required liquidity to business owners. 

Career Development

Financial help for Canadians affected by COVID-19

A comprehensive and easy-to-navigate hub of benefits the federal government, provinces and territories are offering to people financially affected by COVID-19. Resources can be sorted by location and by segment that best applies to you (for example: students, small business, seniors, families, etc.)

 

Canada Summer Jobs Program

Job Bank providing access to job listings in Canada.

 

Employment Resources

Resources to help with general employment questions, employment insurance, worksharing programs, and employee rights.

 

Employment Opportunities

National and regional job opportunities from various employers.

Real Estate

Financial help for Canadians affected by COVID-19

A comprehensive and easy-to-navigate hub of benefits the federal government, provinces and territories are offering to people financially affected by COVID-19. Resources can be sorted by location and by segment that best applies to you (for example: students, small business, seniors, families, etc.)

Volunteering

Public Service Volunteering Opportunities

The Government of Canada is working with provincial and territorial governments to respond to COVID-19. They are seeking volunteers to help in the following areas: case tracking and contact tracing; health system surge capacity; and case data collection and reporting.

Consumer Offerings

Consumer Offerings

Select retailers offering consumer discounts during COVID-19.

The Ismaili

Contact Us

His Highness Prince Aga Khan Shia Imami Ismaili Council for Canada

49 Wynford Drive Toronto, Ontario M3C 1K1 CANADA

Tel: +1-416-646-6965

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