Out of 38 videos submitted by students from across the country, 8 finalists are now racing towards the finish line to win cool prizes like a 13' MacBook Pro.
Ursula Menke, Commissioner of the Financial Consumer Agency of Canada (FCAC)
Successful contest features young Canadians sharing their money saving
OTTAWA, Dec. 7, 2012 /CNW/ - During Financial Literacy Month (FLM) in November, young Canadians were invited to submit a one- to
three-minute video entry showing how they are saving for something
special to them. The 38 qualifying videos submitted have been uploaded
on the YouTube channel of the Financial Consumer Agency of Canada (FCAC), including the eight finalists selected by FCAC.
Canadians can now vote for their "People's Choice." A special award of a
$50 iTunes gift card will be given to the creator of the finalist video
that gets the most "likes" on YouTube until the close of day, December
In mid-December, a panel of three judges appointed by FCAC will pick
three prize winners who will be awarded the following prizes:
1st place: a 13-inch MacBook Pro
2nd place: a 16-GB iPad with Wi-Fi and a $50 iTunes gift card
3rd place: an 8-GB iPod Touch.
Their videos will be evaluated for creativity, production quality and
"The young people who made these videos showed great enthusiasm for
saving money and reaching their financial goals," says Ursula Menke,
FCAC Commissioner. "They came up with some very creative ideas and I'm
sure they will be an inspiration to many others, young and old."
Entries were received from students in:
British Columbia: Kelowna, Langley, Richmond, Vancouver, Victoria
Alberta: Calgary, Edmonton, Mayerthorpe, Okotoks
Saskatchewan: Pilot Butte
Ontario: Barrie, Brampton, Kanata, Kingston, Nepean, Oakville, Orangeville,
Ottawa, Richmond Hill, Scarborough, Thornhill, Toronto, Vaughan
Quebec: Montréal, Beaconsfield and Saint-Félicien
Winners will be announced by December 14 on FCAC's website itpaystoknow.gc.ca. More details on the contest and prizes are available on FLM's Web
pages 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.
For Broadcast use:
Do you have a savings plan?
If not, you can get some savings tips from the 38 young Canadians who
have created videos that describe what they are saving for, and how
they are doing it.
Now is your chance to vote for your favourite video.
A "People's Choice" award of a $50 iTunes gift card will be given to the
finalist video that gets the most "likes" on YouTube by December 13.
Simply visit the Financial Consumer Agency of Canada website at itpaystoknow.gc.ca to see all the videos and learn more about how financial understanding
just adds up.
Follow @FCACan on Twitter
Subscribe to FCACan on YouTube
November is Financial Literacy Month
Like Financial Literacy Month in Canada on Facebook
Join Partnering to Turn Financial Literacy into Action on LinkedIn
Video with caption: "Out of 38 videos submitted by students from across the country, 8 finalists
are now racing towards the finish line to win cool prizes like a 13' MacBook
". Video available at: http://www.youtube.com/v/HHhMUiv5bfg?version=3&hl=en_US
Image with caption: "Winners will be announced by December 14 on FCAC's website itpaystoknow.gc.ca. (CNW Group/Financial Consumer Agency of Canada)". Image available at: http://photos.newswire.ca/images/download/20121207_C7145_PHOTO_EN_21672.jpg
Audio with caption: "Ursula Menke, Commissioner of the Financial Consumer Agency of Canada (FCAC)
". Audio available at: http://stream1.newswire.ca/media/2012/12/07/20121207_C7145_AUDIO_EN_21666.mp3
SOURCE: Financial Consumer Agency of Canada
For further information:
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