| Financial Consumer Agency of Canada
| news releases
Canada’s Financial Literacy Leader Jane Rooney and the National Steering Committee for Financial Literacy today announced a new working group to assist in responding to the financial literacy needs of Indigenous Peoples, including First Nations, Inuit and the Métis Nation. The working group will be co-chaired by Jane Rooney and Simon Brascoupé of AFOA Canada (formerly the Aboriginal Financial Officers Association of Canada) and will report to the national steering committee.
| Financial Consumer Agency of Canada
| news releases
The Financial Consumer Agency of Canada (FCAC) today released the Progress Report on Canada’s National Research Plan on Financial Literacy 2016-2018. The purpose of this report is to share important findings with financial literacy practitioners and researchers in order to help advance collective efforts to improve the financial well-being of Canadians.
| Financial Consumer Agency of Canada
| news releases
The Financial Consumer Agency of Canada (FCAC) announced today that 9 leading Canadians were named to the Consumer Protection Advisory Committee. The advisory committee will be chaired by Commissioner Lucie Tedesco and will support the Agency’s financial consumer protection mandate.
| Financial Consumer Agency of Canada
| news releases
The Financial Consumer Agency of Canada has published a report on its review of domestic banks’ retail sales practices. The report, which follows 9 months of extensive work, finds that bank cultures strongly anchored in sales can increase the risks of mis-selling to consumers and of bank employees breaching market conduct obligations.
| Financial Consumer Agency of Canada
| backgrounders
This report presents the findings of the Financial Consumer Agency of Canada’s (FCAC) review of the domestic retail sales practices of Canada’s six largest banks. FCAC found that retail banking culture encourages employees to sell products and services, and rewards them for sales success.
| Financial Consumer Agency of Canada
| news releases
During Fraud Prevention Month, the Financial Consumer Agency of Canada (FCAC) reminds Canadians of the risks of disclosing their online banking and credit card information to anyone, including third-party financial mobile applications and online services.
| Financial Consumer Agency of Canada
| news releases
In advance of Order Your Credit Report Day, November 5, the Financial Consumer Agency of Canada (FCAC) is reminding Canadians of the importance of ordering their credit report. This is more important than ever in light of recent cases of personal data breaches.
| Financial Consumer Agency of Canada
| news releases
November marks the beginning of the seventh annual Financial Literacy Month (FLM), which aims to improve the financial literacy of Canadians, help them better manage their money and improve their financial well-being.
