IFB comments on Canadian National Strategy for Financial Literacy, Phase 3

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Independent Financial Brokers of Canada (IFB) is pleased to contribute our comments to Phase 3 of this consultative process, which focuses on young Canadians and adult.

We agree that early exposure to financial learning is an integral step for children to develop sound long-term attitudes toward spending and saving. Parents, the educational system, and organizations that provide services to children and youth (such as Junior Achievement, 4H, Boy Scouts, Girl Guides, etc.) are at the forefront of influencing such behavior in children and young people. We note that a number of interesting and engaging ideas were presented in November at the Financial Literacy conference in Vancouver from various organizations, including those representing students and youth groups. Links to these on the FCAC database can help ensure such projects receive broad exposure. Financial and educational institutions can use these examples to model similar initiatives to appeal to various age groups, languages and cultures.

Click here to read the full position paper.

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