 commitment to strengthen the financial literacy of Canadians and thank you for your interest in working with me as member of the Steering Committee. However, I regret to inform you that you were not selected to be a member. I greatly value collaborating with all organizations who have an interest in this important issue and would like to continue to work together as we implement the National Strategy for Financial Literacy.
The new committee will be publicly announced in the near future by the Commissioner of the Financial Consumer Agency of Canada (FCAC).
Thank you again for your dedication to help strengthen the financial knowledge, skills and confidence of Canadians. Your commitment is greatly appreciated.
Financial Literacy Leader
I understand that not everyone who volunteers on the committee will be selected. I understand that fact, but what I don’t understand, is that in a time of record debt levels, the Government of Canada did not select at least one of their own licensed debt experts to be on the committee.
I’m not criticizing any of the members who were selected to be on the committee. I assume they all have extensive financial knowledge and will do their best to advocate for the every day Canadian. More than half of the committee members have previously worked for the government, providing insight from the public sector. I personally think more representatives with private sector experience would be beneficial to this committee, but until I see their recommendations made, I won’t pre-judge their results.
Despite not being selected to serve on the committee, my firm and I will continue to do our part to educate Canadians on the problems that are caused by excessive debt. We will continue to publicize and promote the government programs that are available to help Canadians deal with their debt.
We publicize and promote these programs, and other newsworthy items within the personal finance realm on our YouTube channel, our weekly podcast, and our blog. It’s why we conduct additional research and advocate for the indebted consumer. Whether we’re on a committee or not, we’re here for you, the every day Canadian. Helping Canadians deal with their debt is what we do.