Leave a commentFinancial Literacy Month is an opportunity to raise awareness on the
importance of acquiring life skills that can allow Canadians to act knowledgeably and with confidence when managing their personal financial affairs commented Minister Menzies. The Canadian Government is committed to enhancing the financial well-being of all Canadians both by increasing awareness of financial literacy resources, and by strengthening the existing consumer protection framework through a variety of regulations introduced since 2010 on issues as diverse as prepaid cards and credit agreements.
During November, community organizations, volunteer groups, government agencies and the private sector will team up to offer seminars, workshops and other events to highlight the importance of financial literacy in today’s economy.
The aim of this is to showcase the many tools, resources and sources of information that are already available to Canadian consumers to help them improve their financial knowledge and their confidence in making financial decisions.
Engaging youth early in financial literacy is another key objective of FLM. Their energy and creativity can have a significant impact on public awareness. FCAC hopes to capture this energy and creativity through the youth video contest it launched today. Thirteen to 19 year old students will have until November 30 to submit their one to three minute video entries. The entries will be shown on FCAC’s YouTube channel throughout November. Three winners will be selected and will be awarded great prizes for their submissions. In addition, a “viewer’s choice” award will also be presented to the finalist video with the greatest number of “likes” on YouTube at close of day, December 13. For more details on deadlines and prizes, visit the FLM’s Web pages.
For more information visit the CRA Website