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FCAC Commissioner named chair of international regulators forum

| Financial Consumer Agency of Canada | news releases

Lucie Tedesco, Commissioner of the Financial Consumer Agency of Canada (FCAC), was appointed Chair of FinCoNet, an international organization of supervisory authorities responsible for financial consumer protection, on November 16, at the organization's annual general meeting in Jakarta, Indonesia.


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.


Lucie Tedesco, Commissioner of the Financial Consumer Agency of Canada, releases new report entitled "Auto Finance: Market Trends"

| Financial Consumer Agency of Canada | statements

My name is Lucie Tedesco, Commissioner of the Financial Consumer Agency of Canada. Today, the FCAC is releasing its most recent research report entitled Auto Finance Market Trends. As the head of the Agency, I will provide a summary of the report's key points and the steps the FCAC will take to help Canadian consumers navigate the automobile finance market.


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