CFEE and IG Wealth Management Team Up with Government of Alberta to Expand Financial Literacy Across Province

Ten thousand (10,000) additional copies of Money and Youth financial literacy books to be distributed to 10th graders

EDMONTON, AB, November 24, 2022 /CNW/ – Canadian Foundation for Economic Education (CFEE), IG Wealth Management (IG) and Govt Alberta today announced the expansion of financial literacy resources for Grade 10 students across the province through the provision of 10,000 additional copies of CFEE and IG. Money and Youth: A Guide to Financial Literacyone of the most widely used resources to support youth financial literacy in Canada. Twenty thousand copies of the book were distributed Alberta students at the beginning of this year.

CFEE (CNW Group/Canadian Foundation for Economic Education) logo

CFEE (CNW Group/Canadian Foundation for Economic Education) logo

The announcement was made at McKay Avenue School and featured students from various backgrounds Edmonton schools, Alberta Minister of Education, the Honorable Adriana LaGrange and CFEE and IG representatives.

The interest in helping Canadians, and especially young people, improve their financial capabilities and confidence is becoming a priority for parents, educators and governments. Canada. There Alberta The government has contracted CFEE to help improve financial literacy in Alberta schools over a four-year period. It has been set as a priority, and financial literacy is part of the mandatory class 10 Career and Life Management – which is where. Money and Youth is widely used in Alberta. More financial literacy will be incorporated into the curriculum over the coming years.

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During the event, CFEE and IG announced that they will be giving away 10,000 additional copies Money and Youth to grade 10 students across the province as a key resource to help students better understand the basics of personal finance, including budgeting, saving and investing, debt management, and how the economy and financial markets work.

To date, more than 700,000 copies Money and Youth were distributed to schools and homes throughout Canada. IG has supported the CFEE Money and Youth program for over 20 years. In addition to Money and Youth, which has been regularly updated over the years, CFEE has also created a website that provides useful support for youth, teachers and parents. For more information on Money and Youth, please visit www.moneyandyouth.com. There Money and Youth Books and websites are available in English and French.

Quotes

Alberta Minister of Education Adriana LaGrange
“Financial literacy is an important component in ensuring that young people in our province have the tools they need to help develop the confidence and understanding to make good decisions in their lives. Empowering young people by teaching them about personal and family finances will have a huge impact. about them too. the health of our economy as a whole, and it will lead to a bright and prosperous future.” Minister LaGrange

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CFEE
“Working to improve the financial capabilities of our young people to build successful financial futures is always important – but the importance of doing so is particularly clear in the current economic times,” said. Gary Rabbior, President of the Canadian Foundation for Economic Education. “Rising inflation, rising interest rates, and fears of recession make it clear that it is critical to improve the economic and financial literacy of all Canadians to enable them to better understand the economic realities that affect the financial world and to have greater confidence, and better prepared, to make financial decisions and manage financial affairs effectively.”

IG
“We are excited to work with our partners CFEE and the provincial government to improve the financial literacy resources available to our youth,” said. Alastair McKenzie, Regional Vice President, IG Wealth Management. “Empowering our youth and putting them on the right path toward financial confidence is integral to building overall financial well-being, and that’s our ultimate goal for Canadians.”

About CFEE

CFEE is a federal, non-profit, non-partisan organization, founded in 1974, that works to improve economic and financial literacy and entrepreneurial skills. CFEE works in collaboration with ministries and departments of education as well as school boards, schools, educators, and teacher associations. CFEE is also engaged in activities to support and assist newcomers and former immigrants Canada, and the general public including print resources, videos, workshops, and online resources. Overall, CFEE wants to help Canadians of all ages be better prepared to undertake their economic roles, responsibilities, and decisions with confidence and competence.

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About IG Wealth Management:

Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of advisors located throughout. Canada. In addition to an exclusive family of mutual funds and other investment vehicles, IG offers a wide range of other financial services. IG Wealth Management has $108.3 billion of well under advice as of October 31, 2022 and is a member of the IGM Financial Inc. group of companies. (TSX: IGM). IGM Financial is the one Canada’s leading diversified wealth and asset management company with approx $245.7 billion of total assets under management and guidance as of October 31, 2022.

IG Wealth Management (CNW Group/IG Wealth Management) (CNW Group/Canadian Foundation for Economic Education)

IG Wealth Management (CNW Group/IG Wealth Management) (CNW Group/Canadian Foundation for Economic Education)

SOURCE Canadian Foundation for Economic Education

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