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Kevin Johnson

“For me, financial literacy was a springboard back into society.”
Kevin Johnson
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Jane Rooney is Canada's First-ever Financial Literacy Leader

April 15, 2014
 

TORONTO, April 15, 2014 -- Prosper Canada, formerly Social and Enterprise Development Innovations (SEDI), is delighted with the appointment of Jane Rooney, as Canada’s first-ever Financial Literacy Leader. The announcement solidifies the Federal Government’s commitment to strengthening the financial literacy of all Canadians.

“We look forward to working with Ms. Rooney to develop a national strategy that addresses the distinct needs of low-income and other Canadians,” says Elizabeth Mulholland, CEO, Prosper Canada. “Prosper Canada and other community stakeholders have long underscored the need for targeted strategies to assist vulnerable and low-income groups for whom generic approaches and programs are often not effective. We’re thrilled a leader is now in place to champion financially literacy in Canada.”

The appointment of a financial literacy leader is the top recommendation of the Task Force on Financial Literacy. The Financial Literacy Leader’s mandate will be to collaborate and coordinate activities with stakeholders to contribute to and support initiatives that strengthen the financial literacy of Canadians.

Prosper Canada is a national charity dedicated to expanding economic opportunity for Canadians living in poverty through program and policy innovation. Prosper Canada partners with government, business and community partners on financial empowerment strategies that remove barriers and help more Canadians to prosper. www.prospercanada.org.

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Highlights

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Elizabeth Mulholland and Barbara Gosse write about a successful Toronto project to help homeless people move out of shelters by fostering a savings culture and supporting them in connecting to the mainstream economy.

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