A Place to Start From: Why We Launched the Home Ownership Program – Backwoods Energy

by ahnationtalk on February 26, 202092 Views

TS Eliot once wrote that home is where one starts from. The line is in East Coker, Eliot’s second poem in Four Quartets. It establishes the emotional anchoring of home – the familiar in which we are based before we head off into a strange world.

The fortunate can understand the emotional appeal of home; we can sense the sights, smells and sounds of our childhood. But home is more than the location of our emotional grounding. For the vast majority of people on the planet, it is also the epicentre of financial wellbeing, the main family financial asset. Home is the place where financial security begins.

Recently, Backwoods launched a first time home ownership program for our employees. As part of the program, we will provide a one-time grossed up payment of 100% of the employees’ savings in their RRSP to a maximum of $10,000. There will also be an incentive of $2,000 per year of employment to a maximum incentive of $10,000. Employees who undertake the program will go through financial literacy training to ensure the decision is right for them.

Read More: https://www.backwoodsenergy.ca/a-place-to-start-from/

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