Youth Invited to Take Part in the "Financial Fitness Challenge" Contest



    MONTREAL, Feb. 4 /CNW Telbec/ - Canadian youth are invited to get
financially fit through an interactive scholarship contest sponsored by the
Canadian Securities Administrators (CSA). The contest, the "Financial Fitness
Challenge", which runs from February 4 to February 29, 2008, engages youth
aged 15 - 21 with a quiz, games, tips and interactive simulations. The goal is
for youth to learn the importance of saving and investing money for their
future, ultimately aiming to make smart money management "cool" for an
increasingly web-savvy generation.
    Part of the CSA's mandate is to improve the financial literacy of youth.
Over 12,000 youth participated in the contest and registered for a chance to
win last year and while only 33% were very interested in personal finance
before completing the online challenge, 62% said they were very interested in
personal finance after participating in the challenge. "Young people have a
thirst for learning about saving and investing information, especially at an
age where they hold their first part-time or summer jobs," said Jean
St-Gelais, Chair of the CSA and President & Chief Executive Officer of the
Autorité des marchés financiers (Québec).
    The contest features exciting interactive games such as "Slapshot
Shopping" a game where players are given $200 of virtual money to purchase a
number of necessities and luxuries. The game uses humour - and our Canadian
love affair with hockey - to teach the importance of balancing financial needs
versus wants. Other games, "warm ups" include 'The Tradeoffs', an overview of
different types of investments, 'A Little Goes a Long Way', a compound
interest simulator, and 'Budget Breakaway', a student-focused budget
calculator.
    The quiz, which is available at FinancialFitnessChallenge.ca, features
questions and facts about budgeting, saving and investing, in a format
directly focused on the experience of students. Thirteen entries, one from
each province and territory, will be randomly selected from eligible quiz
participants to win a $750 scholarship.
    Teachers are encouraged to use the Challenge as a fun and informative
learning tool. "The modules and worksheets are entertaining and
instructional," said St-Gelais. "In fact, 91% of teachers we surveyed have
told us that they plan to use the materials in their classrooms." Teachers can
go to www.financialfitnesschallenge.ca/teachers to check out the Teacher
Resource Centre, download classroom materials and enter a contest to win a
gift certificate or a $1000 grand prize.

    The CSA, the council of securities regulators of Canada's provinces and
territories, coordinates and harmonizes regulation for the Canadian capital
markets. Their mandate is to protect investors from unfair or fraudulent
practices through regulation of the securities industry. Part of this
protection is educating investors about the risk, responsibilities and rewards
of investing.

    For more information on the Financial Fitness Challenge and contest,
visit www.FinancialFitnessChallenge.ca

    
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    Yukon Securities Registry            British Columbia Securities
    Bette Boyd                           Commission
    bette.boyd@gov.yk.ca              Andrew Poon
    867-667-5225                         APoon@bcsc.bc.ca
                                         604-899-6880
                                         1-800-373-6393 (BC & Alberta only)
                                         www.bcsc.bc.ca

    -------------------------------------------------------------------------
    Securities Registry                  Alberta Securities Commission
    Northwest Territories                Mark Dickey
    Donald MacDougall                    mark.dickey@seccom.ab.ca
    donald_macdougall@gov.nt.ca       (403) 297-4481
    867-920-8984                         1-877-355-0585 (toll free)
    www.justice.gov.nt.ca/               www.albertasecurities.com
    SecuritiesRegistry

    -------------------------------------------------------------------------
    Nunavut Securities Registry          Saskatchewan Financial Services
    Bruce MacAdam                        Commission
    bmacadam@gov.nu.ca                Barbara Shourounis
    867-975-6586                         bshourounis@sfsc.gov.sk.ca
                                         306-787-5842
                                         www.sfsc.gov.sk.ca

    -------------------------------------------------------------------------
    Manitoba Securities Commission       Ontario Securities Commission
    Ainsley Cunningham                   Patricia Trott
    aicunningh@gov.mb.ca              416-593-8303
    204-945-4733                         1-877-785-1555 (toll-free in Canada)
    1-800-655-5244 (Manitoba only)       www.checkbeforeyouinvest.ca
    www.msc.gov.mb.ca                    www.osc.gov.on.ca

    -------------------------------------------------------------------------
    Autorité des marchés financiers      New Brunswick Securities Commission
    Frédéric Alberro                     Jane Gillies
    frederic.alberro@lautorite.qc.ca  Jane.gillies@nbsc-cvmnb.ca
    514-395-0337, poste 2176             506-643-7745
    1-800-361-5072 (Québec only)         1-866-933-2222 (New Brunswick only)
    www.lautorite.qc.ca                  www.nbsc-cvmnb.ca

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    Nova Scotia Securities Commission    Department of Attorney General
    Natalie MacLellan                    Prince Edward Island
    maclelnj@gov.ns.ca                Mark Gallant mlgallant@gov.pe.ca
    902-424-8586                         902-368-4552
    www.gov.ns.ca/nssc                   www.gov.pe.ca/securities

    -------------------------------------------------------------------------
    Financial Services
    Regulation Division
    Newfoundland and Labrador
    Doug Connolly Connolly@gov.nl.ca
    709-729-2594
    www.gov.nl.ca/scon
    -------------------------------------------------------------------------
    
    -%SU: TAX,EDU
    -%RE: 1




For further information:

For further information: Yukon Securities Registry, Bette Boyd,
bette.boyd@gov.yk.ca, (867) 667-5225; British Columbia Securities Commission,
Andrew Poon, APoon@bcsc.bc.ca, (604) 899-6880, 1-800-373-6393 (BC & Alberta
only), www.bcsc.bc.ca; Securities Registry, Northwest Territories, Donald
MacDougall, donald_macdougall@gov.nt.ca, (867) 920-8984, 
www.justice.gov.nt.ca/SecuritiesRegistry; Alberta Securities Commission, Mark
Dickey, mark.dickey@seccom.ab.ca, (403) 297-4481, 1-877-355-0585 (toll free),
www.albertasecurities.com; Nunavut Securities Registry, Bruce MacAdam,
bmacadam@gov.nu.ca, (867) 975-6586; Saskatchewan Financial Services
Commission, Barbara Shourounis, bshourounis@sfsc.gov.sk.ca,(306) 787-5842,
www.sfsc.gov.sk.ca; Manitoba Securities Commission, Ainsley Cunningham,
aicunningh@gov.mb.ca,(204) 945-4733, 1-800-655-5244 (Manitoba only),
www.msc.gov.mb.ca; Ontario Securities Commission, Patricia Trott, (416)
593-8303, 1-877-785-1555 (toll-free in Canada), www.checkbeforeyouinvest.ca,
www.osc.gov.on.ca; Autorité des marchés financiers, Frédéric Alberro,
frederic.alberro@lautorite.qc.ca, (514) 395-0337, poste 2176, 1-800-361-5072
(Québec only), www.lautorite.qc.ca; New Brunswick Securities Commission, Jane
Gillies, Jane.gillies@nbsc-cvmnb.ca, (506) 643-7745, 1-866-933-2222 (New
Brunswick only), www.nbsc-cvmnb.ca; Nova Scotia Securities Commission, Natalie
MacLellan, maclelnj@gov.ns.ca, (902) 424-8586, www.gov.ns.ca/nssc; Department
of Attorney General, Prince Edward Island, Mark Gallant, mlgallant@gov.pe.ca,
(902) 368-4552, www.gov.pe.ca/securities; Financial Services Regulation
Division, Newfoundland and Labrador, Doug Connolly, Connolly@gov.nl.ca, (709)
729-2594, www.gov.nl.ca/scon


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