The federal government has joined forces with Canada’s Financial Literacy Leader Jane Rooney to launch consultations on a proposed strategy to help improve the financial literacy of Canadians.
Recognizing the unique and often significant challenges faced by near and current seniors, the first phase of consultations will focus on seniors.
Additional phases will follow with an emphasis on low-income Canadians, Aboriginal peoples, newcomers to Canada, and children, youth and adults.
The proposed blueprint, Toward a National Strategy for Financial Literacy – Phase 1: Strengthening Seniors’ Financial Literacy, is intended to encourage discussion and invites comments from all Canadians on ways to bolster the financial literacy of seniors and those approaching this phase of their lives.
Stakeholders from the public, private and non-profit sector will take part in in-person sessions across the country. All Canadians are encouraged to submit comments on the blueprint by mail or email by July 15, 2014.
“We are committed to working with stakeholders to better understand the unique challenges faced by seniors. I look forward to hearing from Canadians and stakeholders alike throughout this process to ensure that we implement a national strategy that will respond to seniors’ needs,” said Rooney, in a release.