Welcome!

News Feed Item

The Canadian Foundation for Economic Education Launches "Talk With Our Kids About Money Day"

Program available for families and teachers to help youth better understand money matters in their lives

TORONTO, ONTARIO -- (Marketwire) -- 01/24/13 -- The Canadian Foundation for Economic Education (CFEE) today announced a new program for families, students and teachers that offers a simple way to help young Canadians learn more about money and personal finances. The program is being supported by BMO Financial Group.

Details were unveiled in Toronto today by CFEE along with the Honourable Ted Menzies, Minister of State (Finance) and representatives from BMO Financial Group, school boards, teacher associations, educators, parents/guardians, students, the private sector, and NGO's.

"Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions," said The Honourable Ted Menzies, Minister of State (Finance). "The earlier in life people start educating themselves about financial literacy, the better equipped they will be when faced with life's important financial decisions."

The new program is "Talk With Our Kids About Money Day" - an annual event with the first "Day" scheduled for April 17, 2013. There will be both a "Home Program" for families and a "School Program" for students and teachers. In future years, the Day will be the third Wednesday in April.

"The goal is to encourage conversations with kids about financial matters," said Gary Rabbior, President of CFEE. "We are designating one day during the year when families and teachers can make a point of talking with kids about money - whether around the breakfast or dinner table, at bedtime, in a classroom, or reading and listening to a news or entertainment program."

CFEE will provide support to "Talk With Our Kids About Money" activities all year long.

The School Program will launch first in the greater metropolitan areas of Toronto and Montreal and will expand across the country over the next three years. For the School Program, a Teachers' Kit will be provided to all schools registering to participate. Complete, easy-to-use lesson plans will be provided to Grade 7 teachers in a wide range of subject areas - from social studies, to math, science, music, art, and others. It is hoped that, on that day, most if not all grade 7 teachers in a school will teach a lesson in their subject area that will focus on a money issue or topic. The new website will also provide additional supports for teachers. The lesson plans will provide opportunities for building links, as possible, to the Home Program so that family activities can build on lessons from school.

The Home Program is being launched nationally this year. For the Home Program, families with children of all ages will be provided with online access to ideas, activities, stories, resources, tools, videos, and more to begin, or continue, money-related conversations with their kids. Support resources will be organized by age range and will focus on activities that are fun, engaging, easy to do - and educational. Hopefully kids won't be the only ones learning.

Families and teachers interested in the program can visit the website at www.talkwithourkidsaboutmoney.com. The website includes sample resources and will continue to develop and expand up to, and beyond, the first Talk With Our Kids About Money Day on April 17th, 2013.

"Many Canadian households are sitting on fragile ground financially today, and this has a ripple effect that can negatively impact our economy on the whole if conditions don't improve," noted Mr. Rabbior. "We have a responsibility to the next generation to make sure they are better prepared for their money decisions and challenges than past generations."

"BMO is proud to support this new program, as it aligns with our ongoing mission of Making Money Make Sense and promoting financial literacy," said L. Jacques Menard, Chairman of BMO Nesbitt Burns and Co-Chair of the Task Force on Financial Literacy. "The Talk with Our Kids About Money Day sends a strong signal to parents on the importance of having frank and open discussions that will help their children become more confident in their decisions about money."

The new program, offered by CFEE, and supported by BMO, includes:

--  Website with resources, ideas, activities, etc. for families and
    teachers 
--  Teachers' Kit for schools in the greater metropolitan areas of Toronto
    and Montreal registering to participate (plus additional resources,
    tools and supports on the website) expanding to other provinces
    beginning in 2014 
--  Interactive contests such as: a poster competition; a video competition;
    and other activities that can help to share family, school, and youth
    experiences related to learning about money

B-roll footage will be available via satellite on Thursday, January 24th at 3:00 - 3:15 p.m. Eastern.

Galaxy 17 K15 Slot A (9 Mhz)                                                
D/L: 11986.5 H                                                              
Symbol rate: 6.1113                                                         
FEC 3/4                                                                     

About CFEE:

CFEE is a federally chartered, non-profit, non-partisan organization, founded in 1974, that works to improve economic and financial literacy and enterprising capability. CFEE works collaboratively with ministries and departments of education along with school boards, schools, educators, and teacher associations. CFEE also engages in activities to support and assist newcomers and past immigrants to Canada, and the general public including print resources, videos, workshops, and online resources. Overall, CFEE aspires to help Canadians of all ages be better prepared to undertake their economic roles, responsibilities, and decisions with confidence and competence.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $525 billion as at October 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

Contacts:
CFEE Media Contacts:
Joseph Clark
(905) 726-3438 or Cell: (416) 893-8772
[email protected]

Susan Lennox
(416) 968-2236

BMO Financial Group Media Contacts:
Matt Duffin
(416) 867-5394
[email protected]

Ron Monet
(514) 877-1873
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, will describe how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launchi...
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.