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Judith Robertson, Commissioner of the Financial Consumer Agency of Canada, Launches Financial Literacy Month 2019

| Financial Consumer Agency of Canada | speeches

Today is the first day of our Annual Financial Literacy Month. This year marks its 9th anniversary. Throughout November, we collaborate with organizations from across the country to increase awareness, host events and share resources aimed at helping Canadians ‘Take Charge of their Finances’ – which is our theme for this year’s campaign.


FCAC'S Judith Robertson's keynote address at the Chartered Professional Accountants Canada 'Mastering Money' Conference

| Financial Consumer Agency of Canada | speeches

It’s a pleasure to be invited to speak to you during this, our 9th annual Financial Literacy Month. Throughout November, we collaborate with organizations like yourselves to increase awareness, host events and share resources aimed at helping Canadians ‘Take Charge of their Finances’ – which is our theme for this year’s campaign.


Opening remarks by Lucie Tedesco, Seminar on Ageing populations: Understanding and responding to the needs of older financial consumers 

| Financial Consumer Agency of Canada | speeches

Given this extraordinary change in our demographics, the Government of Canada is taking action in a number of areas. Just last fall, it tasked my agency to create a code of conduct to guide banks in their delivery of services to Canada’s senior population. This work is to complement our ongoing efforts to support Canadians in preparing financially for their future years as seniors.


Consumers’ knowledge and use of home equity lines of credit puts their financial well-being at risk

| Financial Consumer Agency of Canada | news releases

A report published today by the Financial Consumer Agency of Canada (FCAC) suggests that although home equity lines of credit (HELOCs) are widely sold, many consumers appear to lack awareness of the terms and conditions of this financial product, exposing them to the risk of over borrowing, debt persistence, uninformed decision-making and wealth erosion.


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