Consultations for the National Strategy for Financial Literacy: Submit Comments by December 10

October 30, 2014

The Government of Canada is leading the development of a national strategy on financial literacy, with the goal of strengthening Canadians’ knowledge, skills and confidence to make sound financial decisions throughout their lives.

To inform this process, the Financial Consumer Agency of Canada’s Financial Literacy Leader, Jane Rooney, is inviting comments on questions raised in the consultation paper on the financial literacy needs of priority groups. Identified priority groups include low-income Canadians (particularly people with disabilities, women and single adults), Aboriginal peoples and newcomers.

The deadline to submit comments is December 10, 2014.

Consultation Paper: Toward a National Strategy for Financial Literacy, Phase 2: Priority Groups

Consultation questions at a glance and how to submit comments

A number of ways are being proposed to engage Canadians and organizations in shaping and implementing the national strategy:

  • The Financial Literacy Leader, appointed by the Government of Canada in April 2014, is working with interested organizations and individuals to discuss and coordinate financial literacy activities.
  • A National Steering Committee on Financial Literacy has been established. It brings together experts and leaders who will help develop and implement the national strategy and engage broad audiences in contributing to its goals and objectives.

This is the second phase of consultations. The final phase, to be launched in November 2014, will seek input on a plan to bolster the financial literacy of young Canadians and adults. The full national strategy for financial literacy will be published in 2015.

For more information visit the National Strategy for Financial Literacy-Development and Consultations