In the 2009 budget, the Minister of Finance announced his intention to establish a national task force dedicated to the issue of financial literacy. Appointed in June 2009, the Task Force on Financial Literacy is c omprised of 13 members, drawn from the business and education sectors, community organizations and academia.
The Task Force on Financial Literacy will provide advice and recommendations to the Minister of Finance on a national strategy to strengthen the financial literacy of Canadians. This strategy will outline the following:
The Task Force will draw on global “best practices” and build on the strengths of successful initiatives that are already in place, in Canada. The Task Force will submit a final report by the end of 2010 that recommends to the Minister of Finance a national strategy on financial literacy. The Task Force will make its report available to the public.
For information on the Task Force’s public consultations process, click here.