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____ Tuesday November 3, 2015 ____


Financial Literacy

Financial Literacy Leader kicks off 5th anniversary of Financial Literacy Month

November is Financial Literacy Month in Canada; an opportunity for all Canadians and organizations to either host or take part in an activity to increase Canadians' financial knowledge.

Toronto - Canada's Financial Literacy Leader Jane Rooney kicked off the 5th anniversary of Financial Literacy Month (FLM) by speaking to over 300 attendees at the ABLE Financial Empowerment Conference in Toronto.

This year's FLM will focus on three areas: empower Canadians to manage their money and debt wisely, plan and save for their future, and prevent and protect against fraud and financial abuse. It will also provide Canadians and organizations alike an opportunity to share information and tools on, for instance, how to budget, choose a credit card, buy a house, plan for retirement or recognize common scams.

• 2015 marks the 5th anniversary of November as Financial Literacy Month in Canada as proclaimed by the Canadian Parliament. The first month in 2011 was the result of work between the Financial Literacy Action Group and the Financial Consumer Agency of Canada (FCAC). It brought together 75 organizations to hold 200 events across the country to strengthen Canadians' financial literacy.

• FLM 2014 featured 1,266 workshops, seminars and other events. Events were held every day of November, in every province and territory in Canada. FCAC participated in 44 FLM-related activities, hosted the National Conference on Financial Literacy, and launched the Canadian Financial Literacy Database and the Self-assessment quiz.

• The Canadian Financial Literacy Database is a one-stop source for information that ranges from how to open a bank account, access government benefits, budget and save, to how to protect yourself from fraud. It also offers organizations a platform to promote their tools and resources.

• The database includes more than 1,000 resources from more than 115 organizations. It also provides Canadians with a list of the financial education activities and events taking place in November across the country.

• Organizations are encouraged to submit their financial literacy activities and events slated for November 2015 in the database via the input tool.

• Everyone is encouraged to take part in the FLM daily challenge on Twitter and Facebook.

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