Canada’s Finance Minister was in Toronto last week to kick off the Financial Literacy Week. This initiative is a nationwide campaign aimed at helping Canadians increase their financial knowledge so that they can make more informed decisions when it comes to their personal finances.
Many Canadians have taken advantage of the low interest rates since the recession and the government warns of the dangers of piling on too much debt, and especially at this time. With a clearer understanding of financial matters and stronger financial literacy, Canadians will have greater control over their own finances and collectively build a more stable economy.
Financial Literacy Week was started in 2009 with that aim in mind. Many resources are now available online, and events are being held across the country.