First financial literacy consultations focus on seniors

Kevin Sorenson, minister of state for finance, and Alice Wong, minister of state for seniors, have joined forces with Canada’s financial literacy leader, Jane Rooney, to launch consultations on a proposed strategy to help improve the financial literacy of Canadians.

The first phase of consultations will focus on seniors.

The proposed blueprint, Toward a National Strategy for Financial Literacy – Phase 1: Strengthening Seniors’ Financial Literacy, is intended to encourage discussion and invites comments from all Canadians on ways to bolster the financial literacy of seniors and those approaching this phase of their lives.

Stakeholders from the public, private and non-profit sector will take part in in-person sessions across the country.

All Canadians are encouraged to submit comments on the blueprint by mail or email by July 15, 2014.

The blueprint is available on the government’s website.

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