Canada's Financial Wellness Lab

Translating data-driven insights into tools and practices Canadians can use to improve their financial resilience and support better financial decision-making.

The Lab’s goal is to develop quantitative finance and data analytics solutions that will enable Canadian households to enhance their financial resilience. The Lab resides in Western University’s Faculty of Science, leveraging strengths in actuarial science, financial modelling and data science. Academic partners from Canada are also part of the team. The academic team is joined by industry partners who are providing the lab with anonymized data on the financial circumstances of Canadians.

Financial Wellness Lab's Work is Featured in The Globe and Mail

Matt Davison Talks Financial Resilience on CBC London

From Western News: Western researchers mine decades of data to build financial resiliency

Latest Publications

An Architecture for Financial Wellness Research

In 2021, the Financial Wellness Lab published its first whitepaper on financial wellness. This paper is intended to update our conclusions from 2021 and to present a plan for moving forward on this important topic.