Asset Building Program

PLEASE NOTE THAT ALL ASSET BUILDING PROGRAM STAFF ARE NOW LOCATED AT 215 ISABEL ST. ALL IN PERSON VISITS SHOULD BE DIRECTED TO THAT ADDRESS.

IRCOM’s Asset Building Programs (ABPs) aim to build the capacity of low-income households to manage their finances and save money for the purchase of assets that will yield long-term benefits for individuals, their families, and their communities. To be able to help participants meet their goals, our program includes the following activities:

  • Money Management Training classes adapted to an English-as-an-Additional-Language (EAL) format with culturally relevant information about transportation loans and the Refugee Assistance Program (RAP),
  • Matched savings credits that are added to the funds that participants save on their own,
  • Peer support and the opportunity to share their experiences with money, ways to deal with issues such as the pressure to send money back home
  • One-to-one support from IRCOM staff.

Click on the following links for more information about each Asset Building Program IRCOM offers:

The Saving Circle (SC) Program

The Individual Development Account (IDA) Program

Transportation Loan Financial Literacy Program

The Access to Benefits (A to B) Program

To qualify for IRCOM’s Asset Building Program you must…

  • Be a newcomer to Canada in the past 5 years
  • Be at or below the program’s income cut-offs (ask ABP staff for further details)
  • Have a strong desire to improve your financial future
  • Meet other criteria specific to your savings goal
  • Not be a past Program participant of either SC or IDA at IRCOM or other agencies

How do I apply?

Contact the Asset Building Program team by phone at 943-8765 extension 106 or 108 or by email at info@ircom.ca to register for an Information Session or for more information.

IRCOM’s Asset Building Programs are offered in partnership with…

  • SEED Winnipeg Inc.
  • The United Way of Winnipeg
  • Assiniboine Credit Union
  • The Province of Manitoba