A Push for Increased Financial Education at Queen's Park

Jan 29, 2013, 06:59 ET from The Economic Club of Canada

TORONTO, Jan. 29, 2013 /CNW/ - On January 24, the Ontario PC Party released a white paper on education entitled Paths to Prosperity: Preparing Students for the Challenges of the Twenty-First Century.  In it, the PC's promised to make financial literacy a key priority of Ontario's education curriculum.  The paper specifically applauds the work already being done in the field of financial literacy by organizations such as the Junior Economic Club of Canada and the Investment Funds Institute of Canada (pp. 9), and pledges to implement this approach directly into Ontario schools.

"As the Founder and President of The Jr. Economic Club of Canada I am extremely honoured that our program was recognized in this way. We know first hand how important it is to teach financial literacy at a young age. " - Rhiannon Traill.

The Jr. Economic Club of Canada was created in 2011 to inspire Canadian youth to become financially literate. The organization takes students outside of the classroom and down into the heart of Toronto's financial district for "A Day on Bay Street".  Students spend the day doing fun and engaging activities that help young minds develop a deeper understanding of finance and personal money management. The Jr. Economic Club also gives participating students a chance to win academic scholarships by participating in their take home academic challenge. The program mostly targets Ontario high school students in grades 10, 11, & 12.  The Investment Funds Institute of Canada is the title sponsor of The. Jr. Economic Club of Canada along with The Certified Management Accounts of Ontario, Visa Canada, Scotiabank and Porter Airlines.

"IFIC and its members are strongly committed to contributing to financial literacy education, especially where younger Canadians are concerned.   We're especially proud of our ongoing partnership with the Junior Economic Club of Canada and their innovative "Day on Bay" program.  These efforts are delivering important results and we are pleased to be recognized for our positive contributions to financial literacy." -Joanne De Laurentiis, IFIC President & CEO

SOURCE The Economic Club of Canada