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
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
As you respond to increasing requests for new analytics, you need fast and flexible technology in your arsenal so that you can deploy the right workload to the right platform for the need at hand. Do you need self-service and fast time to value? Do you have data and application control and privacy needs, along with strict SLAs to meet? IBM dashDB™ is data warehouse technology powered by in-memory computing and in-database analytics that are designed for fast results, scalability and more.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
The paradigm has shifted. A Gartner survey shows that 43% of organizations are using or plan to implement the Internet of Things in 2016. However, not just a handful of companies are still using the old-style ad-hoc trial-and-error ways, unaware of the critical barriers, paint points, traps, and hidden roadblocks. How can you become a winner? In his session at @ThingsExpo, Tony Shan will present a methodical approach to guide the holistic adoption and enablement of IoT implementations. This ov...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...