Financial literacy committees and networks

From: Financial Consumer Agency of Canada

The Financial Literacy Leader is working closely with the following committees and networks to implement the National Strategy for Financial Literacy—Count me in, Canada.

National Steering Committee on Financial Literacy 

The National Steering Committee on Financial Literacy provides guidance and advice to the Financial Literacy Leader, Jane Rooney. Members act as champions for the National Strategy for Financial Literacy—Count me in, Canada, and provide leadership within their respective sectors, engaging broad stakeholder communities in working to advance the strategy’s goals and reporting to the Financial Literacy Leader on progress. Financial Literacy Leader Jane Rooney announced the membership of the second National Steering Committee in Ottawa on February 14, 2017. The 15 new members were selected from more than 120 applicants and represent a broad range of public, private and non-profit organizations from across Canada. Among the members are financial education leaders experienced in working with groups including seniors, Indigenous Canadians, newcomers, children and youth and low-income Canadians.

National Steering Committee for Financial Literacy members have submitted plans totalling 113 planned initiatives supporting financial literacy in Canada. Click here for an infographic highlighting these initiatives.

The Steering Committee meets at least three times a year. The initial term of appointment is two years. Members may be reappointed at the discretion of the Financial Literacy Leader. 

Working Group on Financial Literacy in the Workplace

The Working Group on Financial Literacy in the Workplace was formed as a key component of FCAC’s workplace initiative. The objective of the workplace initiative is to strengthen the knowledge, skills and confidence of working Canadians to improve their financial well-being. The Working Group reports to the National Steering Committee on Financial Literacy. 

The Working Group will contribute their knowledge and expertise to the development of a Best Practices Framework. This framework will provide employers of all sizes with the best practices, tools and resources needed to implement a financial literacy program within their organizations.

Participants of the Working Group on Financial Literacy in the Workplace are:

  • Caroline Curran, Treasury Board of Canada Secretariat
  • Janice MacLellan, The Canadian Payroll Association
  • Indi Madar, Canadian Credit Union Association
  • Susan Murray, Canadian Life and Health Insurance Association
  • Andrew Nicholson, New Brunswick’s Financial and Consumer Services Commission
  • Mack Rogers, ABC Life Literacy Canada
  • Valérie Sauvé, Autorité des marchés financiers 
  • Robert Stapleford, Canadian Institute of Actuaries
  • Doretta Thompson, Chartered Professional Accountants of Canada
  • Patricia White, Credit Counselling Canada

Interdepartmental Committee on Financial Literacy

The Interdepartmental Committee on Financial Literacy is chaired by the Financial Literacy Leader. Composed of representatives from federal government departments and agencies with an interest in financial literacy, the Committee meets quarterly to: 

  • contribute to the implementation of the national strategy for financial literacy
  • 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 
  • Canada School of Public Service 
  • Competition Bureau 
  • Department of Finance Canada
  • Employment and Social Development Canada—Canada Student Loans Program 
  • Employment and Social Development Canada—Program Policy Development 
  • Employment and Social Development Canada—Seniors and Pensions Policy Secretariat
  • Employment and Social Development Canada—Social Policy Directorate 
  • Employment and Social Development Canada—Workplace Partnerships Directorate 
  • Financial Consumer Agency of Canada 
  • Global Affairs Canada 
  • Immigration, Refugees and Citizenship Canada
  • Indigenous and Northern Affairs Canada
  • 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 Health Agency of Canada 
  • Public Services and Procurement Canada—Receiver General Modernization 
  • Service Canada 
  • SISIP Financial Services 
  • Statistics Canada 
  • Status of Women 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.  

 

To add your network to this list, please contact us​.​​​​​​​​

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