Financial abuse may be more common and less understood than many Canadians realize, new research suggests

New research commissioned by The Allstate Foundation of Canada reveals a significant awareness gap regarding financial abuse as a form of domestic abuse in Canada. While only 9% of respondents identified financial abuse when asked to define domestic abuse, 56% recognized financially abusive behaviours when presented with specific examples. The study found that 75% of respondents reported personal experience with or knowledge of domestic abuse, and over three-quarters identified financial barriers as obstacles to seeking safety. The Foundation emphasizes the importance of awareness-building, research, and partnerships with community organizations to help survivors regain financial independence.