Financial recovery
Financial abuse is one of the most common forms of control in abusive relationships. Whether your credit was damaged, your accounts were drained, or you were kept from working, you can rebuild. It takes time, but there is a clear path forward.
What to know first
- Open a bank account in your name only if you haven't already. Most major Canadian banks have programs for women leaving abuse — ask when you call.
- Get a free copy of your credit report from both Equifax and TransUnion to see where you stand. You're entitled to one free report per year from each.
- A secured credit card (where you deposit a small amount as collateral) is one of the fastest ways to start rebuilding your credit score.
- Canada Child Benefit, the GST/HST Credit, and provincial social assistance may be available to you. Apply as soon as you're separated, even if you're not sure.
- If you have significant joint debt, a non-profit credit counsellor can help you understand your options. It's free and confidential.
- Financial abuse can be documented. Statements, missing funds, and controlled spending can all be relevant if you're pursuing legal action.
Canadian resources
Credit Counselling Canada
Free, non-profit help
creditcounsellingcanada.ca
Equifax Canada
Free annual credit report
www.equifax.ca
TransUnion Canada
Free annual credit report
www.transunion.ca
Canada Child Benefit
www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview.html
Service Canada
EI and benefits
www.canada.ca/en/employment-social-development/corporate/portfolio/service-canada.html
Prosper Canada
Financial empowerment programs
prospercanada.org
Women's Economic Security Programs
Search '[your province] women economic security'
211 Canada
Connects you to local emergency financial help
211.ca