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Kevin Johnson

“For me, financial literacy was a springboard back into society.”
Kevin Johnson
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SEDI urges Ottawa to invest in the Task Force on Financial Literacy’s recommendations

February 9, 2011
 

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.

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Highlights

Mounting debt image

Mounting debt

The Globe and Mail: For every $1 of disposable income, Canadians owe a record $1.47. Rock-bottom rates kicked off a borrowing frenzy, and now Canadians are swimming in red ink. As interest rates rise and the free-money era comes to an end, consumers are more vulnerable than ever.

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