Working group wants to improve indigenous financial literacy

FCAC and other agencies launch new focus

Working group wants to improve indigenous financial literacy
Steve Randall

A new working group will focus on financial literacy needs of Indigenous Peoples, including First Nations, Inuit and the Métis Nation.

Canada's Financial Literacy Leader Jane Rooney and the National Steering Committee for Financial Literacy made the announcement Tuesday.

"I am pleased to begin collaborating with the working group and learning from members' experience and insights. I look forward to working with members of the working group to develop and deliver initiatives to enhance the financial well-being of Indigenous Peoples across Canada," said Ms. Rooney who will chair the new group.

It comes in response to research showing that Indigenous Peoples face unique barriers to financial wellness.

"It is important for all Canadians to have the knowledge, skills and confidence to navigate a rapidly changing financial marketplace. I anticipate tremendous cooperation and partnership as this working group lays a foundation for improving the financial well-being of Indigenous Peoples," commented Lucie Tedesco, FCAC commissioner.

The group will meet three times a year and will focus on information-sharing, collaborating on developing and piloting programs and initiatives, and identifying research priorities.

 

LATEST NEWS