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Survey: Lack of financial literacy taking its toll

...poll here. Rising personal debt loads and insufficient retirement savings suggest financial literacy education should start at an earlier age in Canada. A national survey...

Canadians earn a "B" in financial literacy

...There is definitely room for improvement, according to the inaugural BMO Financial Literacy Report Card. Canadians were asked to give themselves a grade on their...

Kids financial literacy? There’s an app for that

If you want to promote financial literacy among kids, you need to play at their own game. Try giving them a lecture and they’ll...

Why financial literacy matters

...modest positive effects on savings and financial planning,” stated Saul Schwartz. “Financial literacy is critical to the prosperity and well-being of Canadians. It is...

Industry reacts to Financial Literacy report

Reaction to the final report by the Task Force on Financial Literacy has been overwhelmingly favourable, with several industry groups volunteering to provide education and...

Financial literacy key to prosperity

...late to the party, Canada is considerably further ahead on the financial literacy continuum than the simple chronology of history suggests. Financial literacy, therefore, could...

Ottawa names financial literacy task force

...the federal government has commissioned a new national task force on financial literacy. The task force, announced by Finance Minister Jim Flaherty in Toronto on...

Urgent action needed on financial literacy: Task force

Urgent action is needed to improve the financial literacy of Canadians, as individuals must increasingly take responsibility for their own future, according to the Task...

Financial literacy goes to school

Financial literacy: now available in junior packaging. Financial education is set to become part of the Ontario curriculum for students from Grade 4 to Grade...

Opinion: The importance of financial literacy

Financial literacy is the elephant in the room that is finally getting the attention it deserves. With the federal Task Force on Financial Literacy preparing...