FCAC committees and networks
The Financial Consumer Agency of Canada (FCAC) works closely with the following committees, networks and working groups to support its mission to protect, supervise and educate Canadian consumers.
Consumer Protection Advisory Committee
The Consumer Protection Advisory Committee provides advice to the Commissioner in support of FCAC’s financial consumer protection mandate on:
- FCAC priorities and objectives
- emerging trends, issues and research
- other matters relevant to financial consumers
Members are individuals with public, private or non-profit sector experience on matters of consumer protection in the areas of supervision, research, policy and education.
Consult the biographies of the Consumer Protection Advisory Committee members.
Financial Literacy Working Group for Indigenous Peoples
The Financial Literacy Working Group for Indigenous Peoples was established to assist FCAC in responding to the financial literacy needs of Indigenous Peoples, including First Nations, Inuit and the Métis Nations. The working group is comprised of leaders from a broad representation of Indigenous and non-Indigenous organizations and its mandate is to undertake financial literacy initiatives that are community-driven, created for and with Indigenous Peoples. The working group will focus efforts on sharing information about Indigenous financial literacy initiatives, establishing collaborative partnerships for developing and delivering new initiatives and identifying gaps that could be addressed by undertaking research.
FCAC Research Committee on Financial Literacy (2022 to 2024)
The Research Committee advises FCAC on the implementation of the National Financial Literacy Strategy through presenting research, exchanging information, and sharing insights on methods for reducing barriers and catalyzing actions within the financial ecosystem.
The Research Committee also promotes research findings and collaborations to advance the Strategy’s priorities within the broader research community.
Members of the Research Committee are:
- Ruth Stephen (Chair), Financial Consumer Agency of Canada
- Dr. Kara Brisson-Boivin, MediaSmarts
- Dr. Jerry Buckland, Canadian Mennonite University
- Dr. J. Michael Collins, University of Wisconsin-Madison
- Dr. Philippe d’Astous, HEC Montreal
- Dr. Matt Davison, Western University
- Dr. Andrea Hasler, George Washington University
- Dr. Chuck Howard, Texas A&M University
- Dr. Muharem Kianieff, University of Windsor
- Allison Meserve, Prosper Canada
- Dr. Miwako Nitani, University of Ottawa
- Louise Simbandumwe, SEED Winnipeg
- Molly Willats, FinTech Cadence
- Dr. Jiaying Zhao, University of British Columbia
Interdepartmental Committee on Financial Literacy
The Interdepartmental Committee on Financial Literacy is chaired by the Financial Consumer Agency of Canada. Composed of representatives from federal government departments and agencies with an interest in financial literacy, the Committee meets twice a year to:
- contribute to the implementation of the National Financial Literacy Strategy
- facilitate information sharing with federal departments and agencies
- identify gaps and opportunities to collaborate and coordinate on financial literacy initiatives across federal departments and agencies
- facilitate an integrated approach that seeks to embed financial literacy in federal government programs, policies and training
- increase efficiency by resolving overlapping initiatives and avoiding duplication of effort
- engage stakeholders in research and discussion on financial literacy
Member organizations include:
- Bank of Canada
- Canada Deposit Insurance Corporation
- Canada Mortgage and Housing Corporation
- Canada Revenue Agency
- Canadian Anti-Fraud Centre
- Canadian Forces Morale and Welfare Services – SISIP Financial Services
- Department for Women and Gender Equality
- Department of Finance Canada
- Employment and Social Development Canada – Canada Student Financial Assistance Program
- Employment and Social Development Canada – Program Policy Development
- Employment and Social Development Canada – Seniors and Pensions Policy Secretariat
- Employment and Social Development Canada – Service Canada
- Employment and Social Development Canada – Social Policy Directorate
- Employment and Social Development Canada – Workplace Partnerships Directorate
- Financial Consumer Agency of Canada
- Immigration, Refugees and Citizenship Canada
- Indigenous Services Canada
- Innovation, Science and Economic Development Canada – Competition Bureau
- Innovation, Science and Economic Development Canada – Digital Policy Branch
- Innovation, Science and Economic Development Canada – Office of Consumer Affairs
- Innovation, Science and Economic Development Canada – Office of the Superintendent of Bankruptcy
- Office of the Privacy Commissioner of Canada
- Office of the Superintendent of Financial Institutions
- Public Services and Procurement Canada – Receiver General Modernization
- Statistics Canada
Financial literacy networks
In recent years, networks have sprung up across the country to advance financial literacy. Organizations have come together to harness their resources and work collaboratively toward a common goal, sharing information and best practices for the benefit of their community.
- ABLE Steering Committee (Asset Building Learning Exchange)
- Alberta Financial Empowerment Collaborative, Alberta
- Aspire Calgary Financial Empowerment Collaborative, Calgary, Alberta
- Black Creek Financial Action Network (BCFAN), Toronto, Ontario
- Canadian Financial Empowerment Network for those with Disabilities (CFEND), Toronto, Ontario
- Chilliwack Financial Literacy Committee, Chilliwack, British Columbia
- Edmonton Financial Empowerment Collaborative, Edmonton, Alberta
- Financial Education Network (FEN), Saint John, New Brunswick
- Financial Empowerment Network of Nova Scotia (FENNS), Nova Scotia
- Financial Literacy Action Group (FLAG), Toronto, Ontario
- Financial Literacy Action Network Ottawa (FLANO), Ottawa, Ontario
- Financial Literacy Youth Network (FLYN), Toronto, Ontario
- Manitoba Financial Empowerment Collaborative, Manitoba
- Manitoba Financial Literacy Forum, Winnipeg, Manitoba
- Newfoundland and Labrador Financial Literacy Network, St. John's, Newfoundland and Labrador
- Québec Financial Education Experts Network, Québec City, Québec
- SaskMoney, Saskatchewan
- Yukon Literacy Coalition, Whitehorse, Yukon
To add your network to this list, please contact us at fcac.engagement.acfc@fcac-acfc.gc.ca.
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