Poverty is not just a question of income, it is about saving money and building assets. SEDI's asset-building initiatives are its most progressive approaches to combatting poverty and fostering economic independence.

The idea is to enable Canadians with low incomes to save money faster in order to acquire assets such as a new business, post-secondary education, job training, or a home. Our programs combine incentives for people to save (such as matching accounts), financial education and training in investment options, with a focus on linking low-income persons with local nonprofit agencies and financial institutions.

Our successful asset-building initiatives include the and the Independent Living Accounts programs, as well as in-depth research for . Developed by SEDI to help people move from transitional housing to the private rental market, the ILA program received the 2008 Vital Idea Award from the Toronto Community Foundation and is currently offered at seven Toronto shelters.