National Strategy for Financial Literacy Phase Strengthening Seniors Financial Literacy

"An early milestone of the National Strategy for Financial Literacy—Count me in, Canada was the publication of a strategy to enhance the financial literacy of current and future seniors. The senior’s strategy sets out four goals as the foundation for moving forward:

  • engaging more Canadians in preparing financially for their future years as seniors
  • helping current seniors plan and manage their financial affairs
  • improving understanding of and access to public benefits for seniors
  • increasing tools to combat financial abuse of seniors.

A broad range of organizations from the public, private and non-profit sectors will contribute to the implementation of the seniors’ strategy. The Financial Literacy Leader, together with the members of the National Steering Committee on Financial Literacy, will coordinate an action plan to make progress toward these goals."

Source: Financial Consumer Agency of Canada

 

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