The Financial Consumer Agency of Canada says there’s a need for more financial literacy programs.
Jane Rooney is the federal government’s Financial Literacy Lead and says all indicators show Canadians are struggling with a lot of debt.
“It’s information that all Canadians need, because we really have a high debt level as a society, and we have really low savings,” she notes.
She says says they try to provide help where it’s needed.
“We are working with collaboratively with a number of organizations to deliver financial literacy in the workplace.”
Rooney says they are pleased to be able to offer a pilot program through the Seven Generations Institute in this region, which recently announced plans to offer a financial literacy course in many of its programs.
#FinLitLeader Jane Rooney this morning at the launch of the financial literacy pilot project for #Indigenous Peoples with the Right Honourable Paul Martin and Brent Tookenay, CEO for @7GenerationsEd https://t.co/qnEXKY018y #FinLit pic.twitter.com/WveWKdSVDj
— ItPaysToKnow (@FCACan) October 1, 2018