It pays to be well informed about financial literacy

Did you know?

November is Financial Literacy Month in Canada. Financial literacy is defined as having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) recognizes the importance of providing Canadians with the information and skills they need to make informed financial decisions and is proud to support Financial Literacy Month with these tips.

Financial literacy tips

If you have doubts about someone claiming that you owe the CRA money, you can call us or check online using My Account or My Business Account. It costs nothing to ask, and it might save you from losing your hard-earned money. For more information on tax scams and fraud, visit the CRA’s fraud prevention page. To report a scam, you can contact the Canadian Anti-Fraud Centre.

It’s never too late or too early to improve your financial understanding. This November, join us in supporting the national strategy to improve financial literacy by taking the time to learn new skills that can help you make informed financial decisions. You can join the conversation on twitter with the hashtag #FLM2016. It pays to be well informed!

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