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Concerning the 2020 Canadian Financial Capability Survey

Concerning the 2020 Canadian Financial Capability Survey

Introduction

The Financial customer Agency of Canada (FCAC) guarantees federally regulated monetary entities adhere to consumer security measures, promotes economic training, and raises customers’ knowing of their liberties and obligations. In 2015, FCAC launched Canada’s first National technique for Financial Literacy – Count me in, Canada which identified 3 overarching priorities for the development of initiatives to bolster Canadians’ monetary literacy and monetary well-being. These priorities included strengthening Canadians’ power to handle cash and financial obligation sensibly, assisting them plan and save yourself for future years, and increasing their understanding on how to prevent and protect on their own against fraudulence and abuse that is financial.

The Canadian Financial ability Survey (CFCS) is really a cross-sectional study which has been carried out on a 5-year period. Earlier incarnations were fielded in 2014 and 2009. Continue reading Concerning the 2020 Canadian Financial Capability Survey