Financial Literacy Consultations and Opportunity For Advisors
This week, the Task Force on Financial Literacy released a discussion paper entitled
Leveraging Excellence. The Task Force was formed by Finance Minister Jim Flaherty and is charged with making a cohesive national strategy on financial literacy.
Evelyn Jacks, the founder and President of The Knowledge Bureau, is a member of the Task Force. "We are hoping to find ways to strengthen financial education among young people and help Canadian adults become more confident and knowledgeable financial decision-makers. Tax and financial advisors may have a unique view and may want to participate in the consultation process to help us strengthen the financial literacy of all Canadians."
Mr. Flaherty advises that financial literacy is a key priority for the current Government and thata national strategy for improving Canadian'sfinancialliteracy is importantto "ensure Canadians are able to make informed and prudent financial decisions throughout their lives."
The release of the discussion paper kicks off the beginning of national consultations which will take place over a three-month period, with The Task Force meeting with Canadians in 15 cities and will also be hosting an interactive online forum.
For more information on the Task Force and the upcoming consultations, click
here.