New national organization formed to help Canadians in financial crisis

    Canadian Association of Credit Counselling Services launched as the new
       national voice for not-for-profit credit counselling in Canada

    TORONTO, April 2 /CNW/ - Canadians experiencing financial difficulties
can now turn to the newly established Canadian Association of Credit
Counselling Services (CACCS) for independent and unbiased financial
counselling. Based in Ontario with a Canada-wide mandate, the new,
not-for-profit association has been approved by Industry Canada to operate
with a focus on a wide range of objectives including:

    -  Promoting education programs that enhance the financial literacy and
       personal financial skills of Canadians
    -  Making not-for-profit credit counselling services widely available to
    -  Establishing, promoting and regulating uniform Canada-wide standards
       of knowledge, skills and ethics of persons and organizations providing
       not-for-profit credit counselling
    -  Providing industry-leading training and exclusive professional
       designations for Credit Counsellors

    "Canadians need access to high-quality credit counselling and financial
coaching services now more than ever," says CACCS CEO, Henrietta Ross. "We are
reaching out to not-for-profit credit counselling organizations and supporters
across Canada to join forces with us to ensure Canadians get the qualified
assistance they need to manage their financial difficulties, particularly
during these unprecedented harsh economic times."
    "Reaching out to a trained and certified Credit Counsellor can be one of
the smartest steps a person can take during financial distress," says C.M.
(Duke) Stregger, Chairman, CACCS Board of Directors. "They can provide the
advice and guidance you need to get your finances in control and work with you
to develop a plan for the future."
    Working in partnership with federal and provincial governments,
educational bodies, the Credit community and other credible organizations,
CACCS is committed to establishing a culture of responsible financial
behaviour for all Canadians.
    "The programs we've designed are available across the country so
Canadians will recognize who they can turn to for a credible source of help,
guidance and advice as they search for ways to establish a healthier financial
lifestyle," says CEO Ross.

    About CACCS

    The Canadian Association of Credit Counselling Services (CACCS)
represents a Canada-wide network of accredited, not-for-profit agencies and
affiliates offering preventative education and confidential services to
clients experiencing financial difficulties. With a focus on financial
counselling education, accreditation of agencies and certification of
Financial Counsellors, CACCS is also committed to national research and policy
initiatives concerning personal finance and industry advocacy.
    To reach the CACCS central referral service, contact 1-800-263-0260 or
for more information, visit

For further information:

For further information: Josh Turner, (416) 322-3030 ext. 232, Cell:
(647) 828-0862,

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Canadian Association of Credit Counselling Services

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