Recommendations acknowledge importance of bringing together government, business and education experts to build Canadians' financial literacy knowledge

TORONTO, Feb. 9 /CNW/ - Junior Achievement of Canada, the largest national youth organization, commends the Task Force on Financial Literacy on the release of their report highlighting action to improve financial literacy of Canadians.

"Junior Achievement is pleased to have participated in the Task Force's consultation and today we welcome this report," said Stephen Ashworth, Senior Vice President, Operations and Education, Junior Achievement of Canada.  "The Task Force report clearly identifies the need for and action required to improve financial literacy for Canada's future success. It is imperative that we follow through on the recommendations made in the report, particularly on providing youth with the knowledge and experience they need today, to ensure that they are equipped to wisely manage their money and build wealth both now and on through their adult and senior years. This will pave the way for a much more financially secure future for individual Canadians and for our country as a whole."

Junior Achievement programs, including Economics for Success, Dollars with Sense and the Company Program, are making a positive impact on today's youth by putting financial literacy into practice in elementary, middle and high schools across Canada. As the largest national provider of financial literacy education in Canada, Junior Achievement provides youth with the essential skills they need to ensure sound money management and decision making throughout their lives. Last year alone, more than 230,000 young Canadians experienced a Junior Achievement program from 13,029 committed business mentors. 

"Junior Achievement brings business leaders and youth together in order to build financial literacy knowledge," said Mr. Ashworth.  "Junior Achievement mentors inspire and prepare youth by offering their real-world knowledge of financial literacy.  Learning from business leaders is the unique education advantage Junior Achievement provides to youth."

Junior Achievement supports the Task Force's recommendation to develop a multi-disciplinary council to bring together federal and provincial governments, businesses, educators and other non-governmental organizations with the experience, programs and distribution to build Canadians' financial literacy knowledge. "Junior Achievement looks forward to working with federal and provincial governments to build on our efforts to ensure all Canadian youth have access to financial literacy education," said Mr. Ashworth.

About Junior Achievement of Canada
Junior Achievement is the largest non-profit organization in Canada dedicated to inspiring and preparing youth to succeed in a global economy. Junior Achievement offers education programs in the areas of work readiness, entrepreneurship and financial literacy, which are delivered to youth in elementary, middle and high schools by business mentors. Across Canada, Junior Achievement offers eight national programs and six local programs.  These programs reach over 230,000 youth, as well as over 1 million teachers, parents and business mentors. Since 1955, over 3.7 million youth have participated in a Junior Achievement of Canada program.

SOURCE Junior Achievement of Canada

For further information:

or to arrange an interview with Mr. Stephen Ashworth, please contact:
Kristina Fixter, Director of Communications
Tel: 416-622-4602, ext. 229
E: kfixter@jacan.org


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