LÉVIS, QC, Feb. 9 /CNW Telbec/ - Desjardins Group, the leading
cooperative financial group in Canada, recognizes the value and
importance of financial literacy and is happy to see that a number of
its recommendations have been included in the report published by the
Task Force on Financial Literacy.
"We would like to congratulate Canada's Minister of Finance for this
tremendous initiative as well as all the members of the Task Force for
their concerted efforts and the quality of their report," stated Chair
of the Board, President and CEO of Desjardins Group, Monique F. Leroux.
"Financial education is at the very heart of Desjardins Group's
mission and this is why we actively participated in the development of
the recommendations put forth by the Task Force. We are convinced that
efforts to raise public awareness of the importance of responsible
financial decision-making will contribute to our society's growth and
Desjardins believes that it is essential for Canadians to be informed
about financial literacy and is very pleased with the acceptance of its
recommendation for an awareness campaign based on sound financial
While recognizing that the responsibility of improving financial
literacy in Canada is shared, Desjardins feels that by combining
contributions from various public, cooperative, private and
not-for-profit organizations, it will be possible for a greater number
of citizens to enjoy financial literacy.
Desjardins actively works to increase the financial capacities of its
members and clients as well as the general public. Examples of its
contributions are the plain-language financial advice provided by its
personnel, and, with a view to continuous improvement, Desjardins is
constantly working to ensure the clarity of its documents.
Desjardins Group plans to lend its full cooperation to federal and
provincial governments as this strategy is implemented.
Highlights of the memorandum of financial literacy issued by Desjardins
are available at http://www.desjardins.com/en/a_propos/profil/difference/memoires/memoire05-2011.pdf.
About Desjardins Group
Awarded the coveted title "Bank of the Year 2010 - Canada" by the UK
magazine The Banker, Desjardins Group is the leading cooperative financial group in Canada
and the sixth largest in the world, with assets of over $175 billion.
Drawing on the strength of its caisse network in Québec and Ontario,
and its subsidiaries across Canada, it offers a full range of financial
products and services to its 5.8 million members and clients.
Desjardins specializes in Wealth Management and Life and Health
Insurance, in Property and Casualty Insurance, in Personal Services, in
Business and Institutional Services. As one of the largest employers in
the country and one of Canada's 10 Most Admired Corporate CulturesTM of 2010, Desjardins is supported by the skills of its 42,200 employees
and the commitment of nearly 6,000 elected officers. For more
information, visit www.desjardins.com.
SOURCE DESJARDINS GROUP
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