As an avid skier, the cost of ski trips adds up quickly for Ashley Reid. She believes that her financial knowledge has allowed her to make better decisions when it comes to the management of her personal finances.
Financial Literacy Month is fast approaching. Ready? Set. Action!
OTTAWA, Sept. 24, 2012 /CNW/ - As part of Canada's Financial Literacy Month starting November 1, the Financial Consumer Agency of Canada (FCAC) today is launching a video challenge on its YouTube channel. With the theme: "How I am saving for...," the contest challenges all Canadian youth aged between 13 and 19 (as
of November 30, 2012) to submit a one- to three-minute long video
showing and explaining how they are saving toward or managing their
money to achieve a financial goal. Videos must also end with the line
"Financial Understanding. It Just Adds Up."
Videos of all eligible participants will be evaluated for messaging,
creativity, and production quality by a panel of three judges selected
by FCAC. The jury's top three videos will be awarded the following
1st place: a 13" MacBook Pro
2nd place: a 16-GB iPad with Wi-Fi and a $50 iTunes gift card
3rd place: an 8-GB iPod Touch.
Up to eight finalists will be announced at the opening of Financial
Literacy Month on November 1. In addition to the above prizes, a
special "People's Choice" award of a $50 iTunes gift card will be given
to the video that gets the most "likes" on YouTube by November 25. All
winners will be announced by November 30 on FCAC's website.
Videos must be submitted by October 28 in English or French through the
FTP site https://transfer.fcac-acfc.gc.ca, using the username "flm-mfl" and password "Pass12!@". They must be in
MPeg4 format, in either standard or high definition. We will also
accept mail submissions by CD, DVD or USB key. Only videos that are deemed to meet the rules and regulations as well as the entrant eligibility requirements of this contest will be uploaded to FCAC's YouTube channel.
To be considered eligible, all participants under the age of majority in
their respective province or territory must obtain consent from their
parent or legal guardian. Each person who appears in the video must
also submit a signed consent form available on the Financial Literacy Month Web page. Additional details and other requirements are specified in the video challenge's official rules and regulations available at itpaystoknow.gc.ca/flm.
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.
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Image with caption: "Videos must be submitted by October 28 and must show how you are saving toward or managing your money to achieve a financial goal. (CNW Group/Financial Consumer Agency of Canada)". Image available at: http://photos.newswire.ca/images/download/20120924_C8609_PHOTO_EN_18217.jpg
Video with caption: "As an avid skier, the cost of ski trips adds up quickly for Ashley Reid. She believes that her financial knowledge has allowed her to make better decisions when it comes to the management of her personal finances.". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20120924_C8609_VIDEO_EN_18219.mp4&posterurl=http://photos.newswire.ca/images/20120924_C8609_PHOTO_EN_18219.jpg&clientName=Financial%20Consumer%20Agency%20of%20Canada&caption=As%20an%20avid%20skier%2C%20the%20cost%20of%20ski%20trips%20adds%20up%20quickly%20for%20Ashley%20Reid%2E%20She%20believes%20that%20her%20financial%20knowledge%20has%20allowed%20her%20to%20make%20better%20decisions%20when%20it%20comes%20to%20the%20management%20of%20her%20personal%20finances%2E&title=Ashley%20Reid%20Success%20Story&headline=%40FCACan%20launches%20a%20video%20contest%20on%20its%20YouTube%20channel%20inviting%20youth%20to%20share%20how%20they%20save%20to%20reach%20a%20financial%20goal
SOURCE: Financial Consumer Agency of Canada
For further information:
Media Relations Officer
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