The Financial Consumer Agency of Canada announced the winners of its latest contest encouraging youth to enroll in The City, an online interactive resource that teaches students money management. High school students Gina Paquette of Haileybury, ON; Molly Rainforth of Lacombe, AB; and Akshita Kaur of Surrey, BC, will each receive a laptop computer. The … Read more
The Financial Consumer Agency of Canada has added a new "life event" to its website to help parents manage their new financial responsibilities. "Having Children" is a comprehensive online guide that provides tips on saving money, budgeting, applying for maternity leave and benefits, and ways to plan ahead. More information is available on the website. … Read more
Students and parents have a new one-stop location to find free, objective information about paying for post-secondary education. In this new addition to its suite of "life events," the Financial Consumer Agency of Canada has put together a comprehensive online guide that can help anyone looking to fund their post-secondary education. The full release is … Read more
The Financial Consumer Agency of Canada has added to its online "Life Event" series and is now offering financial information geared towards couples. The tips, resources and tools in this new Living as a Couple Life Event help couples plan and manage their finances together as they talk about living together, plan their wedding or … Read more
The Financial Consumer Agency of Canada issued a statement on World Consumer Rights Day. The agency said Canadian consumers can take advantage of a wide range of free resources available from the Financial Consumer Agency of Canada to help them learn more about their rights as financial consumers. Canadians can also find the financial product … Read more
Fraudsters have discovered new ways to steal money and information thanks to the popularity of social networking sites, unsecured public Internet access points and online activities like shopping, buying and selling, dating and gaming. Online fraud may be the latest way to scam people, but it is not the only approach that is used. Commissioner … Read more
The Financial Consumer Agency of Canada is offering Canadian students the chance to win one of three laptop computers while students learn about budgeting, savings, credit, debt and financial planning. A program called "The City" provides students with a fun and effective way to learn important money management concepts. The City is a free, web-based … Read more
Canadian consumers who are looking for ways to save money can find tips on choosing the right banking accounts and keeping service fees low in two new tip sheets from the Financial Consumer Agency of Canada. "Choosing the Right Savings Account" and "Choosing the Right Chequing Account and Banking Package" provide easy-to-understand information and guide … Read more
A report is now available from the Financial Consumer Agency of Canada and the Organization for Economic Co-operation and Development entitled "The Future of Financial Education." The report was written following an international financial literacy conference held in Toronto last May. It highlights the growing recognition, in Canada and internationally, of the importance of financial … Read more
The Financial Consumer Agency of Canada issued a Consumer Alert on debt reduction companies. The agency is warning Canadians to be very cautious about companies that claim they can negotiate a deal with creditors so that individuals will have to pay only part of their debt. This process is often called "debt reduction," "debt settlement," … Read more
