What are the results in BC?

Since 1999 in British Columbia over 1200 people have participated in programs that included financial literacy training, mentorship programs and matched savings opportunities. As a result $5.5 million dollars of savings has been invested into the BC economy.

The Corporation for Enterprise Development (CFED), out of the USA, estimates that each dollar invested into Individual Development Accounts (savings accounts) or IDAs yields a return "of approximately five dollars to the national economy in the form of new businesses, additional earnings, new and rehabilitated homes, reduced welfare expenditures, and human capital associated with greater educational attainment.

Both the Family Self-Sufficiency Program, run by Burnside Gorge Community Association, and Future Foundations, run by MCC Employment have had comprehensive program evaluations done. These program evaluations provide some insight into the outcomes of the programs. Follow these links to learn more

This website was produced with CEDTAP, Vancity, Bell Canada, and the Royal Bank of Canada.