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Financial Counselling

Get confidential support from experts embedded in the military community, so you can stop worrying about money. When it comes to your finances, you’re never alone. 

Available to serving CAF members and their families.

Forge a new money plan

Let us serve you. Our salaried professionals can help you resolve stressful situations. Create a new plan to balance your income and debts, work out repayment options and develop a budget that works for you and your family. Plus, learn how to start saving to forge financial security for the future. 

Step into financial security

  • Get free, confidential counselling to assess your current finances
  • Counsellors act as agents to your creditors, and offer you follow-up support for budget management
  • Discover tools and tips to create manageable household budgets and build debt management strategies
  • Access loans and grants from the Support Our Troops Fund
  • What is Financial Counselling in the CAF?
    Financial Counselling provides serving members of the Canadian Armed Forces (CAF) and their families with assistance to help resolve financial problems, while providing them with tools, techniques and knowledge to maintain sound personal money management practices. 
  • Can my spouse receive counselling too?
    Yes. For the best resolution we encourage both the member and spouse to participate to ensure that the entire family situation is assessed. 
  • Does my Unit CO need to know?
    All information obtained through the financial counselling process is strictly confidential and can only be released with the applicant's express written consent or by a Court Order. 
  • What is the Financial Counselling Process?
    The applicant will provide to the financial counsellor certain financial information and documentation. After a detailed analysis of the information, the counsellor will provide the applicant with various options to resolve the situation being presented. Once the applicant has instructed the financial counsellor on which plan of action to pursue, the counsellor will assist the applicant with its implementation. 
  • My monthly bills are more than my monthly income. How can you help?
    After assessing the situation, we will provide you with various solutions, which may include remedial or preventive counselling, loans or grants through the Support Our Troops Fund, a recommendation to third party professionals for assistance. 
  • Are there loans or grants available to help me?
    Yes. Through the Support Our Troops Fund​, upon meeting certain criteria, you may qualify for loans or grants.  For more information contact your local financial counsellor or visit the Get Support section of the Support Our Troops website
  • What happens to my credit rating if I file for bankruptcy?
    The details of a first bankruptcy will remain on your Credit Bureau Report for 6 years after your Discharge has been granted. Our financial counsellors will assist you in finding the best solutions for your situation. 
  • What about Credit bureau reports?
    The credit reports are obtained in the normal course of financial assessments and are the property of SISIP Financial.