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Global financial literacy rankings: Canada in top three countries worldwide

| Financial Consumer Agency of Canada | news releases

Canada places third internationally on overall levels of financial literacy, according to Measuring Financial Literacy, a report released yesterday by the International Network on Financial Education (INFE), which is part of the Organisation for Economic Co-Operation and Development (OECD).


Sharing your #PIN could cost you big bucks #FPM2016 #ItPaysToKnow

| Financial Consumer Agency of Canada | news releases

March is Fraud Prevention Month, and the Financial Consumer Agency of Canada (FCAC) is reminding consumers to protect themselves from debit and credit card fraud. Canadians must keep their cards and personal identification numbers (PINs) safe because it's only under certain circumstances that financial institutions cover losses in case of fraud.


FCAC releases research report highlighting risks of extended-term car loans for Canadian consumers

| Financial Consumer Agency of Canada | news releases

Lucie Tedesco, Commissioner of the Financial Consumer Agency of Canada (FCAC), today released Auto Finance: Market Trends, a research report highlighting a worrisome growth in long-term car loans. Loans with terms of more than six years have become a trend in Canada, posing risks that Canadian consumers should consider carefully prior to financing a vehicle.


Building momentum: Financial Consumer Agency of Canada releases 2014-2015 Annual Report

| Financial Consumer Agency of Canada | news releases

Lucie Tedesco, Commissioner of the Financial Consumer Agency of Canada (FCAC), today released the Agency's 2014–2015 Annual Report. It details how the Agency has become more proactive and transparent in its supervision of federally regulated financial entities, expanded its financial literacy activities and restructured to align internal operations with its priorities in protecting financial consumers' interests.


Increased conversation and engagement mark fifth annual Financial Literacy Month in Canada

| Financial Consumer Agency of Canada | news releases

This year marked the 5th anniversary of November as Financial Literacy Month in Canada. #FLM2015 encouraged individuals to increase their financial skills and organizations from the public, private and non-profit sectors to offer resources, host workshops and organize events to help strengthen Canadians' financial know-how.


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