The CCFL was created by SEDI to build and develop financial literacy among low-income Canadians. It works with governments, businesses and communities to help people save and invest wisely. Today – Social and Enterprise Development Innovations (SEDI) announced that the TD Financial Literacy Grant Fund has awarded over $1.8 million in grants to 23 community organizations in support of financial literacy projects.

]]> Thu, 13 Jun 2013 00:00:00 GMT June 10, 2013, 9:20 am – 2:00 pm (EST) Toronto - A Forum Co-sponsored by Toronto Neighbourhood Centres and United Way Toronto to share promising practices ...

]]> Fri, 24 May 2013 00:00:00 GMT Mr. Brian Smith, Project Coordinator from the Carrefour jeunesse-emploi de Côte-des-Neiges, a community charitable organization in Montreal, Quebec, Canada that assists youth with employment, was awarded with the Excellence In Financial Literacy Education Award – Educator, presented by the Institute of Financial Literacy. The presentation was made at their Annual Conference on Financial Education held in Orlando, Florida.

]]> Tue, 09 Apr 2013 00:00:00 GMT The Honourable Ted Menzies, Minister of State (Finance), today welcomed the Royal Assent of Bill C-28, the Financial Literacy Leader Act. The Act provides for the appointment of a Financial Literacy Leader within the Financial Consumer Agency of Canada (FCAC) to strengthen the financial literacy of Canadians.

]]> Thu, 28 Mar 2013 00:00:00 GMT Social and Enterprise Development Innovations (SEDI), is pleased to announce the receipt of a $10,000 donation in support of its Independent Living Account (ILA) program, from an anonymous fund at the Toronto Community Foundation.

]]> Tue, 19 Mar 2013 00:00:00 GMT March 12, 2013, 3:30-4:30 pm (EST) / 12:30-1:30 pm (PST) - Assets for Independence (AFI) Resource Center will be hosting a webinar as part of its “Tools for Success” series.

]]> Wed, 06 Mar 2013 00:00:00 GMT Desiree Tirk of READ Saskatoon talks about family literacy day and the organization’s recent grant awarded through the TD Financial Literacy Grant Fund.

]]> Mon, 21 Jan 2013 00:00:00 GMT TORONTO, January 7, 2013 – Social and Enterprise Development Innovations (SEDI) today announced that the TD Financial Literacy Grant Fund has awarded $837,321 in grants to 12 community organizations engaged in financial literacy projects across Canada.

]]> Mon, 07 Jan 2013 00:00:00 GMT As part of a series of Financial Literacy Month events, the Honourable Ted Menzies, Minister of State (Finance), participated in the launch of a new report, titled The Case for Financial Literacy, by scholar Jennifer Robson, of Carleton University.

]]> Wed, 21 Nov 2012 00:00:00 GMT Did you know that November is Financial Literacy Month, which comes with a packed calendar of events going on across Canada? Public awareness is low, despite a flurry of news releases sent to the media. While giving a speech to 50 people last week, I asked how many people knew it was Financial Literacy Month. Not a single hand went up.

]]> Wed, 21 Nov 2012 00:00:00 GMT Despite the many services available to them, those who are homeless find it extremely difficult to move permanently out of shelters into stable, long-term housing.

]]> Mon, 19 Nov 2012 00:00:00 GMT CCFL today launched The Case for Financial Literacy, a research report providing evidence that financial literacy education is a critical support for low-income and vulnerable Canadians and can make an important contribution to their well-being.

]]> Fri, 16 Nov 2012 00:00:00 GMT With one of the highest debt-to-income ratios in the OECD and savings rates that are 75% lower than twenty years ago, Canadians are visibly struggling with their financial obligations in an era of increasing financial complexity.

]]> Tue, 30 Oct 2012 00:00:00 GMT SEDI endorsed the recommendations of the Commission for the Review of Social Assistance in Ontario and called on the Government of Ontario to move forward with their implementation as soon as possible.

]]> Sun, 28 Oct 2012 00:00:00 GMT Announcing the confirmation of Elizabeth (Liz) Mulholland as SEDI’s new Chief Executive Officer (CEO), effective September 1, 2012.

]]> Fri, 12 Oct 2012 00:00:00 GMT Federal Finance Minister Flaherty endorses Policy Statement on Financial Literacy and Education along with Finance Ministers of the APEC economies, recognizing financial literacy to be an essential skill for everyone in the 21st century.

]]> Tue, 04 Sep 2012 00:00:00 GMT “Several polls released this spring reveal the extent of concern among Canadians about worsening income inequality.

]]> Fri, 08 Jun 2012 00:00:00 GMT “The D is for destitution, and it is the date a single person on welfare would run out of money if he or she were living at the poverty line, according to Social Planning Toronto.

]]> Thu, 07 Jun 2012 00:00:00 GMT Almost $1 million will support innovative financial literacy initiatives across Canada

]]> Thu, 07 Jun 2012 00:00:00 GMT An upcoming event coordinated by the United Way on Youth and Financial Literacy on May 11, 2012.

]]> Tue, 17 Apr 2012 00:00:00 GMT Financial literacy curriculum being incorporated into Gr 4 – 12.

]]> Thu, 28 Jul 2011 00:00:00 GMT SEDI commends the Task Force on Financial Literacy for addressing the critical lack of financial literacy in Canada and for recommending a national strategy to help Canadians be more knowledgeable consumers, savers and investors.

]]> Wed, 09 Feb 2011 00:00:00 GMT The successful organizations will receive a total of $1.7 million. The Fund is now accepting applications for its second round of grants. Applications should be submitted by January 31st, 2011.

]]> Tue, 14 Dec 2010 00:00:00 GMT In a poll conducted this summer by TD Waterhouse of women aged 45 to 64, 71 per cent said they don’t have a financial plan.

]]> Fri, 19 Nov 2010 00:00:00 GMT Newcomers looking for a better future for their families inevitably face a financial setback. Those who arrive with nothing have to start from scratch in a complex language and culture.

]]> Fri, 19 Nov 2010 00:00:00 GMT Approximately 80% of Canadians don’t have any sort of comprehensive financial plan, according to the Financial Planning Standards Council.

]]> Wed, 10 Nov 2010 00:00:00 GMT Having the money talk with your spouse isn’t always easy. Now imagine how much harder it would be if your partner is new to the country. This article provides information on where to find financial literacy materials in various languages.

]]> Wed, 03 Nov 2010 00:00:00 GMT A new working paper from the University of Pennsylvania’s Population Aging Research Center concludes that there is a measurable payoff to boosting financial know-how — a finding that governments and the financial services industry should not ignore.

]]> Mon, 01 Nov 2010 00:00:00 GMT The economy has officially left the recession and the stats show all the jobs lost have now been recovered. But a closer look at Canada’s largest city shows troubling trends behind the numbers. More people are waiting for social housing. Welfare rates are the highest in more than a decade.

]]> Fri, 22 Oct 2010 00:00:00 GMT The province is expanding the popular Manitoba Saves, Family Services and Consumer Affairs Minister Gord Mackintosh recently announced. The initiative provides financial training and support for low-income people.

]]> Thu, 14 Oct 2010 00:00:00 GMT The document, entitled What We Heard, is a summary of the presentations, submissions and comments Canadians made to the Task Force during its public consultations in every Canadian province and territory, which wrapped up in May 2010.

]]> Wed, 22 Sep 2010 00:00:00 GMT The 4th Credit Education Week will take place from November 15 to November 19, 2010 and will focus on newcomers to Canada. Learn more about how community organizations can participate.

]]> Wed, 08 Sep 2010 00:00:00 GMT Group RESPs aren't for everyone. Experts say anyone looking to open an RESP should shop around for the education savings vehicle that best fits their personal circumstances.

]]> Tue, 07 Sep 2010 00:00:00 GMT Award winners will be celebrated at a gala dinner and fundraiser on November 3 in Toronto. Check out who the winner and runner-up for the Passion for Financial Literacy Award are.

]]> Wed, 11 Aug 2010 00:00:00 GMT Study finds a disconnect between our beliefs and behaviours when it comes to retirement planning.

]]> Sun, 01 Aug 2010 00:00:00 GMT