The Government of Canada launched the country’s third annual financial literacy month in Ottawa on Friday.
There will be a month of activities designed to help raise Canadians’ awareness of the importance of increased financial literacy.
“Canadians face different financial challenges as they go through life,” says Minister of State Kevin Sorenson.
The year’s theme is Financial Literacy across Generations, which puts the focus on learning or brushing up on the basics of money management.
A list of events is available on the Financial Consumer Agency of Canada (FCAC) website.
Here’s what other organizations are doing:
The Investment Industry Regulatory Organization of Canada (IIROC) has launched an online glossary of financial certifications to help Canadians make sense of the wide range of certifications in use.
It’s also highlighting IIROC’s AdvisorReport, an online searchable database that enables investors to check the backgrounds and disciplinary history when selecting or working with an advisor at an IIROC-regulated firm.
And the Canadian Bankers Association will be launching a national financial literacy program for seniors. The Your Money Seniors program will be offered in French and English, free of charge, to seniors’ groups across the country.
Focusing on people who are retired or preparing for retirement, the non-commercial program will cover issues such as: budgeting, cash management, financial abuse and fraud and scams targeted at seniors.
The program is being developed in partnership with FCAC and seminars are expected to begin in mid 2014.
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