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Financial Literacy Month includes events across Canada

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Groups across Canada are teaming up to help fight the lack of financial literacy in young and old alike.
Ottawa has declared November as Financial Literacy Month with government agencies and various non-profit groups partnering and hosting special events throughout the country. The Financial Literacy Action Group (FLAG) is heading the campaign along with the Financial Consumer Agency of Canada, the federal government's lead agency on financial literacy.

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Groups across Canada are teaming up to help fight the lack of financial literacy in young and old alike.
Ottawa has declared November as Financial Literacy Month with government agencies and various non-profit groups partnering and hosting special events throughout the country. The Financial Literacy Action Group (FLAG) is heading the campaign along with the Financial Consumer Agency of Canada, the federal government's lead agency on financial literacy.
"The issue of financial literacy means a great deal to me, and it certainly means a great deal to our Government," said Finance Minister Jim Flaherty in a news release. "Throughout our time in office, our Government has been focused on helping Canadian consumers to identify and take advantage of the best possible financial products and services for their respective needs and circumstances."
FLAG comprises a coalition of seven non-profit organizations, including: ABC Life Literacy Canada; the Canadian Foundation for Economic Education (CFEE); Credit Canada; Financial Planning Standards Council (FPSC); the Investor Education Fund (IEF); Junior Achievement; and the Canadian Centre for Financial Literacy, a division of SEDI (Social and Enterprise Development Innovations).
Several several national, provincial, community-based and not-for-profit organizations are also participating as part of a bid to raise awareness of financial literacy in Canada and help Canadians reinforce their financial knowledge. More than 200 activities, ranging from general sessions for all Canadians to specific groups, such as seniors, youth, students, teachers and immigrants, are being offered by approximately 75 groups.
Events cover such topics as the homebuying process, credit education and money management, to name a few. More information can be found on the Financial Literacy Month website.
"Given FCAC's dual mandate – to strengthen oversight of consumer issues and to expand consumer education in the financial sector – we view Financial Literacy Month as a key component not only within our own strategic priorities, but also those of the Government of Canada," said Lucie Tedesco, the FCAC's deputy commissioner.

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