FCAC announces establishment of Indigenous Financial Literacy Working Group

By The IJ Staff | May 11 2018 09:45AM

Photo: iStock

Canada’s financial literacy leader Jane Rooney and the National Steering Committee for Financial Literacy announced this week the establishment of a new working group to assist in responding to the financial literacy needs of Indigenous Peoples, including First Nations, Inuit and the Métis Nation. 

The working group will be co-chaired by Rooney and Simon Brascoupé of AFOA Canada (formerly the Aboriginal Financial Officers Association of Canada) and will report to the national steering committee.

Face barriers to financial well-being

Indigenous Peoples face barriers to achieving financial well-being, says research conducted by AFOA Canada, as well as the results of the Canadian Financial Capability Survey (CFCS).

The group says it will share information, collaborate on developing new programs and initiatives, and identify research priorities. It also says it will undertake financial literacy initiatives that are community driven, created for and with Indigenous Peoples.