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65% of QUBER users accepted and successfully completed a saving challenge, and of those, 80% continued with other saving goals.

80% of QUBER users accepted a saving challenge, and of those, more than 80% successfully completed the challenge.

Canadians’ top preference for receiving information about their investments is through digital channels (68%) followed by meeting with their advisor or getting a paper copy of their investment banking statement (15% each).

The most common reasons given for not opening an RDSP were: 1) not having enough money to save (46%); 2) lacking information about the RDSP program (29%); and 3) feeling it was too complicated (15%).

One year after a digital literacy training, the percentage of people who never use the Internet dropped from 3% to 1%.

Of the Canadians who contacted their bank for pandemic-related financial assistance, 52% received it. However, 8% turned down the offer for various reasons, such as the cost, concern about damaging their credit score, and the effort involved.

Participants of the FinLit U program reported more frequent saving after the 8-week workshop.

Participants of the FinLit U program reported seeking help with money more actively after the 8-week workshop.