TORONTO, September 19, 2022 /CNW/ – The global pandemic has had an unprecedented impact on the lives of people around CanadaNevertheless, to research points out that various entrepreneurs have faced increased socio-economic effects.

Interac Corp. collaborates with Conscious Economics to help diverse entrepreneurs build financial confidence through a nationwide, community-led program, Mindfulness and money, to prepare them for success in today’s new economy. This program has been informed by community experts and is designed to educate and inspire entrepreneurs by examining work, money, and business through the lens of mindfulness and well-being.

“I have led financial education programs across Canada for over a decade, and I’ve come to understand that the convenience of money management is only part of the equation when it comes to building confidence and good – be financial. Each individual also has their own unique emotional relationship with money which is often developed in childhood based on family patterns and societal messages. In order to help people overcome personal and systemic barriers with money, a holistic approach is needed, and that’s why we created this program,” said Rhiannon Rosalindcreator and CEO of Conscious Economics.

Free digital learning to build financial confidence

The Mindfulness & Money digital learning program integrates mindfulness tools to improve financial confidence, including holistic and accessible digital financial wellness modules, engaging activities and interactive events to support the next generation of business owners. miscellaneous businesses.

“Interac is proud to work with Conscious Economics to expand access to tools that help diverse entrepreneurs, and all Canadians, be more financially confident. We hope entrepreneurs will find this digital learning program helpful in gaining more control over their own money, empowering their businesses of tomorrow,” said Daria Hillvice president, marketing and communications at Interac Corp.

This program comes at a time when data collected by the Canadian Chamber of Commerce, revealed that 71.14% of diversity-owned businesses experienced a sharp drop in demand, compared to the national average (64.8%) and 48.92% of diversity-owned businesses diversity said they could not stay open longer than 3 months amid social distancing, compared to the national average (39.7%). Various entrepreneurs have often faced unique challenges, but the pandemic has exacerbated matters further, with financial and mental health consequences.

Mindfulness & Money helps various entrepreneurs understand the importance of mental well-being as a foundation for developing positive financial habits and successful businesses out of the pandemic. Various entrepreneurs who have used these practices to build successful businesses also share their stories of success and resilience through the program.

In addition to a digital launch, Conscious Economics plans to activate the program by partnering with community-serving organizations, post-secondary institutions, public schools, and incubators and accelerators across the country to boost financial confidence. and well-being in Canada.

For more details on the Mindfulness & Money program, please Click here.

About Conscious Economy:

Conscious Economics is a national non-profit organization and global social enterprise headquartered in Canada, with a 10-year history and proven track record in economic education, financial literacy programs, research, events and experiential learning. We’ve hosted over 1,000 events that have brought together youth, business leaders, policy makers, change makers, educators, industry associations, charities and nonprofits. Although we engage with all communities, we maintain a particular focus on vulnerable populations, including BIPOC, LGBTQ2S+, women and artists.

Instagram: @consciouseconomics

About Interac Corp.

Interac enables Canadians to transact digitally with confidence by offering payment and value exchange services. By helping to develop the future of money, data and verification in Canada, safety is at the heart of everything we do. Through our privacy, fraud mitigation, governance, verification and authentication services, we help keep Canadian customers safe when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products more than 20 million times a day on average to exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion. We are proud to be one of Canada’s largest and most trusted financial brands. For more information visit our website.

Instagram: @interac

SOURCE Interac Corp.

For further information: or for press inquiries, please contact: Interac Corp., [email protected]; Rhiannon Rosalind, Founder and CEO, Conscious Economics, [email protected]

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