SYS-CON MEDIA Authors: Xenia von Wedel, Peter Silva, Glenn Rossman, Ava Smith, Elizabeth White

News Feed Item

This Year's Financial Literacy Month Encouraged Networking and Creativity

FLM 2012 has come to a close, but for many, increasing Canadians' financial literacy carries on.

OTTAWA, ONTARIO -- (Marketwire) -- 12/12/12 -- The second Financial Literacy Month (FLM) has drawn to a close, and Canadians were able to participate in more than 260 events organized by close to 60 different organizations across the country. Community and volunteer groups, government agencies and private-sector organizations offered a wide range of activities throughout November to help Canadians learn more about managing their personal finances.

The Honourable Ted Menzies, Minister of State (Finance), was actively involved in FLM and met with a number of stakeholders, including the Financial Literacy Action Group and the Chambers of Commerce in Winnipeg, Kitchener-Waterloo and Regina, as well as with attendees at a roundtable discussion at the Economic Club of Canada in Toronto.

"There is a broad range of people and organizations doing excellent work to ensure that Canadians have the critical skills they need to manage their personal finances," said Minister Menzies. "They are all looking forward to the appointment of the Financial Literacy Leader, who will serve as a catalyst for financial literacy efforts across the country. Our government tabled legislation that will allow for the appointment of the Leader sometime in the new year," he added.

"Financial Literacy Month offered something for everyone," said Ursula Menke, Commissioner of the Financial Consumer Agency of Canada (FCAC). "From seminars on surviving the holiday shopping season to developing money resolutions, from the basics of investing to tackling debt, from preparing for home ownership to managing your finances to planning for retirement. The FLM Calendar of Events was a great way for people presenting activities, as well as those who were looking for an event to find the information they needed."

Over 300 people participated in 18 Financial Basics workshops run by 12 organizations that offered a hands-on learning experience on topics including managing expenses, credit and debt; protecting oneself from fraud; and saving for the future.

Social media played a big part in FLM, with people using the Twitter hashtag #FLM2012 (#MLF2012 in French) and the FLM Facebook page to engage others and promote their activities. They also shared their thoughts and ideas on financial education and encouraged their followers to join in the conversation. This strong participation of financial literacy advocates across the country resulted in more than 3,900 references to FLM on Twitter alone, potentially reaching more than 5.1 million users.

FCAC's FLM video contest for youth also generated great successes on YouTube. At last count, the 38 videos submitted and uploaded onto FCAC's YouTube channel were viewed more than 7,800 times and received close to 500 "likes". All winners will be announced on December 14. More details on the contest and prizes are on FLM's Web pages at itpaystoknow.gc.ca/flm.

The momentum of FLM will be maintained by FCAC and by the partnerships established in several provinces and communities that promote financial literacy. These include the Financial Forum in Manitoba, the Financial Education Network Resource Centre in New Brunswick, the new Financial Literacy Action Network Ottawa and Calgary's Financial Futures Collaborative.

About FCAC

With educational materials and interactive tools, the Financial Consumer Agency of Canada (FCAC) provides objective information about financial products and services to help Canadians increase their financial knowledge and confidence in managing their personal finances. FCAC informs consumers about their rights and responsibilities when dealing with banks and federally regulated trust, loan and insurance companies. FCAC also makes sure that federally regulated financial institutions, payment card network operators and external complaints bodies comply with legislation and industry commitments intended to protect consumers.

You can reach us through FCAC's Consumer Services Centre by calling toll-free 1-866-461-3222 (TTY: 613-947-7771 or 1-866-914-6097) or by visiting our website: itpaystoknow.gc.ca.

Follow @FCACan on Twitter

Subscribe to FCACan on YouTube

November is Financial Literacy Month

Like Financial Literacy Month in Canada on Facebook

Join Partnering to Turn Financial Literacy into Action on LinkedIn

Disponible en francais

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific approach to user experience design that combines approaches from interaction design, industrial design and service design to create experiences that go beyond simple connected gadgets to create lasting, multi-device exp...
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
High-performing enterprise Software Quality Assurance (SQA) teams validate systems that are ready for use - getting most actively involved as components integrate and form complete systems. These teams catch and report on defects, making sure the customer gets the best software possible. SQA teams have leveraged automation and virtualization to execute more thorough testing in less time - bringing Dev and Ops together, ensuring production readiness. Does the emergence of DevOps mean the end of E...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
"Verizon offers public cloud, virtual private cloud as well as private cloud on-premises - many different alternatives. Verizon's deep knowledge in applications and the fact that we are responsible for applications that make call outs to other systems. Those systems and those resources may not be in Verizon Cloud, we understand at the end of the day it's going to be federated," explained Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, in this SYS-CON.tv interview at...
"For the past 4 years we have been working mainly to export. For the last 3 or 4 years the main market was Russia. In the past year we have been working to expand our footprint in Europe and the United States," explained Andris Gailitis, CEO of DEAC, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. Acco...
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...