FCAC committees and networks

From: Financial Consumer Agency of Canada

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 (2021)

The Research Committee advises FCAC on research-related matters. Members are mandated to work in collaboration with other stakeholders to coordinate research initiatives, promote research findings, and contribute to the development of the field of financial literacy research.

Current key deliverables for the Research Committee are the following:

Members of the Research Committee are:

  • Ruth Stephen (Chair), Financial Consumer Agency of Canada
  • Jerry Buckland, Menno Simons College
  • Karen Duncan, University of Manitoba
  • Andrea Hasler, George Washington University
  • Jodi Letkiewicz, York University
  • Allison Meserve, Prosper Canada
  • Nicole Robitaille, Queen's University
  • David Rothwell, Oregon State University
  • Bettina Schneider, First Nations University of Canada
  • Dilip Soman, University of Toronto
  • Brenda Spotton Visano, York University
  • 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 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.  

To add your network to this list, please contact us at fcac.engagement.acfc@fcac-acfc.gc.ca.

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