What We Heard is a summary of the presentations, submissions and comments the Task Force received from Canadians during public consultations in every province and territory and online.
Table of contents About the Task Force on Financial Literacy Acknowledgements Message from the Chair and Vice Chair Executive Summary Financial Literacy Challenges and Opportunities in Canada National Strategy on Financial Literacy Shared Responsibility Financial Literacy Stakeholders A Call to Collective Action Leadership and Collaboration Dedicated Leadership Multi-Stakeholder Collaboration Lifelong Learning Foundations An Essential Skill […]
Definition The Task Force defines financial literacy as having the knowledge, skills and confidence to make responsible financial decisions . “ Knowledge ” means understanding personal and broader financial matters. “ Skills ” are the ability to apply that knowledge in everyday life. “ Confidence ” means feeling self-assured enough to make important decisions. This is often a key factor in galvanizing people […]
The Task Force’s public consultations – timeline and results In the 2009 budget, the federal Minister of Finance announced his intention to establish a national task force dedicated to the issue of financial literacy. The Task Force would consult Canadians, undertake research and provide advice and recommendations to the Minister of Finance on a national […]
Leveraging Excellence: Charting a course of action to strengthen financial literacy in Canada To guide our consultations, we prepared the document, Leveraging Excellence: Charting a course of action to strengthen financial literacy in Canada, which we published on February 22, 2010. It provided background information and posed key questions, at that early stage, that the […]
The Task Force on Financial Literacy has released a summary of its nationwide public consultations with Canadians. What We Heard is a summary of the presentations, submissions and comments we received from Canadians during our public consultations in every province and territory, which wrapped up in May 2010. On behalf of our fellow Task Force members, […]
Welcome to the website for Canada’s Task Force on Financial Literacy. Our mandate from the Government of Canada is a challenging one – to make recommendations to the Minister of Finance by December 2010 on a national strategy to strengthen financial literacy in Canada. To start, the Task Force is reviewing international developments as well […]
What We Heard is a summary of the presentations, submissions and comments the Task Force received from Canadians during public consultations in every province and territory and online.
A National Strategy on Financial Literacy Building a Brighter Financial Future Donald A. Stewart, Task Force Chair, and Jim Flaherty, Minister of Finance Canada’s Task Force on Financial Literacy has made public its report to the federal Minister of Finance, recommending urgent action on a national strategy to strengthen Canadians’ financial literacy. The Task Force’s recommended […]
How the Task Force developed its recommendations To meet its mandate, the Task Force drew on what it heard from Canadians, on research it reviewed or commissioned, and on its review of international best practices. In February 2010, the Task Force published a comprehensive consultation document, Leveraging Excellence – Charting a course of action to strengthen […]