Video: Charlotte Cheng, a 16-year-old from LaSalle, ON, has won first place.
Video: Matthew Lau, a 13-year-old from Vancouver, BC, has won second place and the people's choice award.
OTTAWA, Dec. 17, 2013 /CNW/ - The results are in and three young
Canadians will be spending the holidays taking advantage of their
well-deserved prize following the Financial Consumer Agency of Canada (FCAC) second Financial Literacy Month (FLM) video contest.
Aimed at tapping into young talent and energy, the video contest invited Canadian students aged 13 to 19 to show off their financial
savvy by producing a video that demonstrated how talking with someone
about money helped them achieve a financial goal.
The entries received from across Canada demonstrate that Canadian
students know the importance of money management and who to turn to for
financial advice. Those who entered the contest had creative ways of
highlighting the guidance they received from a friend, sibling or
parent as they set out to save for goals including university tuition
and a down payment for a car.
"As our children prepare to move into adulthood and out on their own to
attend university or enter the workforce, they need to know the basics
of how to manage their money," said FCAC Commissioner Lucie Tedesco. "As they build experience and knowledge and as their
knowledge grows, they can strengthen the good financial habits they
were taught by their friends, parents and teachers. This is precisely
what this year's video contest was looking to showcase as part of FLM
An FCAC jury narrowed the videos down to eight finalists, followed by a second jury who selected the top three winners from
these eight finalists based on creativity, production quality and
messaging. This year's video contest winners are:
1st place: Charlotte Cheng, a 16-year-old from LaSalle, ON, has won a 13" MacBook Pro.
2nd place: Matthew Lau, a 13-year-old from Vancouver, BC, has won a 16-GB iPad with Wi-Fi.
3rd place: Chad Nadin, a 13-year-old from Oakville, ON, has won an 8-GB iPod Touch.
One of the final eight also had an opportunity to win a special
"People's Choice" award: a $50 iTunes gift card to the student whose
video received the most "likes" on YouTube by 11:59 pm EST on December
13, 2013. The "People's Choice" was awarded to Matthew Lau, a
13-year-old from Vancouver, BC, whose video got 46 "likes."
The winners were selected by an FCAC jury comprised of Jane Rooney,
Director of Financial Literacy and Consumer Education, Bruno Lévesque,
Director of Research, André-Marc Allain, Director of Marketing and
Communications and Lucie Tedesco, FCAC Commissioner.
All eligible videos were uploaded onto FCAC's YouTube channel, where people had the chance to view, "like" and comment on them.
Altogether, they collected more than 3,288 views, 258 likes and
With educational materials and interactive tools, 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
Like Financial Consumer Agency of Canada (FCAC) on Facebook
Like Financial Literacy Month in Canada on Facebook.
Subscribe to FCACan on YouTube
Follow Financial Consumer Agency of Canada on LinkedIn
Join the Financial Literacy in Canada group on LinkedIn.
Video with caption: "Video: Charlotte Cheng, a 16-year-old from LaSalle, ON, has won first place.". Video available at: http://youtu.be/i3ERBaFAHeU
Video with caption: "Video: Matthew Lau, a 13-year-old from Vancouver, BC, has won second place and the people's choice award.". Video available at: http://youtu.be/KLIxbqRsTv4
SOURCE: Financial Consumer Agency of Canada
For further information:
Acting Media Relations Officer
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