Canadians who are considering whether to make more than their regular mortgage payments or who are looking at breaking their mortgage may now have new ways to find out about prepayment charges. For example, some mortgage lenders will now make available toll-free telephone access, where knowledgeable staff will be able to provide borrowers with the … Read more
The Financial Consumer Agency has announced that March is Fraud Prevention Month, and has released a variety of informative materials to help consumers recognize scams and fraudulent business propositions. More information is available online. Call 613-941-4168.
The Financial Consumer Agency of Canada has issued a Consumer Alert warning merchants that the agency and its employees do not approach companies to solicit business nor ask that they represent the agency. More information is available online. Call 613-941-4168.
The Financial Consumer Agency of Canada issued Commissioner's Guidance to clarify three issues related to the Code of Conduct for the Credit and Debit Card Industry in Canada. The Commissioner's Guidance, which stems from the code, applies to payment card network operators (PCNOs) that operate in Canada and their participants, including independent sales organizations (ISOs) … Read more
If they received or earned money over the holidays, children of any age can benefit from learning money management skills, says the Financial Consumer Agency of Canada (FCAC). The agency is offering free, unbiased online information that makes it easy to teach children about money, such as counting and recognizing coins and bills, and having … Read more
The Financial Consumer Agency of Canada announced the winners of the Financial Literacy Month video contest for young people. The video contest invited students aged 13 to 19 to show their financial savvy by producing a video with the theme, "How am I saving for…" The videos had to finish with the words, "Financial understanding. … Read more
The second Financial Literacy Month (FLM) has drawn to a close, and Canadians were able to participate in more than 260 events organized by close to 60 different organizations across the country. Community and volunteer groups, government agencies and private-sector organizations offered a wide range of activities throughout November to help Canadians learn more about … Read more
During Financial Literacy Month (FLM) in November, young Canadians were invited to submit a one- to three-minute video entry showing how they are saving for something special to them. The 38 qualifying videos submitted have been uploaded on the YouTube channel of the Financial Consumer Agency of Canada (FCAC), including the eight finalists selected by … Read more
As part of Financial Literacy Month, the Financial Consumer Agency of Canada has released a new video Tip Clip to encourage consumers to budget first. The full release is available online. Call 613-941-4168.
The Financial Consumer Agency of Canada (FCAC) is expanding its collaboration with community organizations to encourage a wider use of its successful Financial Basics workshop material. The agency is currently working with Social and Enterprise Development Innovations (SEDI), Option consommateurs, Credit Counselling Canada, University of Toronto, Ryerson University and The University of Winnipeg to provide … Read more
