Financial Literacy 101

A promotional graphic for the “Financial Literacy 101” series listing session titles, “How to Answer Questions About Registering with the CRA & Taxes,” “How to Answer Questions About Financing,” “How to Answer Questions About Financial Statements & Lending,” and “Applying an Intersectional Gender Lens to Finance and Access to Capital”

The Women Entrepreneurship Knowledge Hub (WEKH) partnered with the Canadian Women’s Chamber of Commerce to present Financial Literacy 101—a four-part series created to equip business advisors, mentors, and coaches with the practical knowledge needed to answer the most common financial questions women entrepreneurs may have and navigate the unique challenges women entrepreneurs face.

How to Answer Questions About Registering with the CRA & Taxes

WEKH Director Wendy Cukier joined Nancy Wilson, CEO of the Canadian Women’s Chamber of Commerce, to open the series and underline how business advisors and mentors can build bridges to close gaps around access to financial, social and entrepreneurial capital.

In this session, representatives from the CRA explain how you might answer questions about registering for business accounts with the CRA, income and sales taxes, when and why to register for GST/HST, and how women entrepreneurs should report business income.

How to Answer Questions About Financing

Presented in partnership with the Business Development Bank of Canada (BDC), this session considers types of financing, and what characteristic lenders look for when determining if someone is creditworthy. The session also outlines terminology and key concepts you should know, as well as how and where to refer clients for more information.

How to Answer Questions About Financial Statements & Lending

Representatives from the Business Development Bank of Canada (BDC) break down how lenders analyze financial statements, as well as key concepts around cash flow and financial management for small businesses.

Applying an Intersectional Gender Lens to Finance & Access to Capital

Nobu Mumba moderates a rich discussion featuring Nancy Wilson, Shannon Pestun, Marcela Mandeville, Sharon Barnes-Simmonds and Magnolia Perron examining the financial ecosystem through an intersectional gender lens.

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