Count Me In, Canada will aim to improve financial literacy – The Globe and Mail
Jun. 09, 2015
More than 50 new financial-literacy initiatives are launching across Canada, part of a national strategy the federal government has rolled out to improve the money-managing skills and habits of Canadians.
Financial institutions, not-for-profit groups and government organizations will offer new programs aimed at helping different at-risk groups across the country improve their knowledge and skills when it comes to tackling their finances, managing debt and detecting fraud.
The move comes after years of research, reports and consultations with a variety of stakeholders on the topic of Canadians’ financial understanding, dating back to June, 2009, when then-minister of finance Jim Flaherty created the Task Force on Financial Literacy. The new strategy, called Count Me In, Canada, is meant to be a framework to support three financial-literacy goals. The first is to empower Canadians to manage money and debt wisely. The second is to help them plan and save for their future. And last, the strategy should reduce financial fraud and abuse.
