Canadian Securities Administrators

Canadian Securities Administrators

February 15, 2011 11:47 ET

Online Videos and Contest Offer Youth Chance to Get Financially Fit and Win Big

MONTREAL, QUEBEC--(Marketwire - Feb. 15, 2011) - Young Canadians are invited to take part in the Canadian Securities Administrators (CSA) 'Financial Fitness Challenge', an online contest that uses videos, Facebook and Twitter tips to help youth get financially fit. The contest is aimed at helping youth increase their financial literacy and offers them the chance to win an Apple® iPad or a grand prize of $2,000.

The Financial Fitness Challenge, FinancialFitnessChallenge.ca, runs from February 15 to April 15, 2011 and uses interactive tools and scenarios to raise awareness of important financial concepts such as balancing needs versus wants, budgeting, saving and investing. This year, visitors to the site will see four new entertaining and informative videos on budgeting, credit cards, investing and investment fraud.

"With close to 60,000 youth actively participating in the challenge over the past four years, the CSA has presented financial literacy education in a format that resonates with youth," said Bill Rice, Chair of the CSA and Chief Executive Officer of the Alberta Securities Commission. "We encourage parents and teachers to continue to develop financial literacy skills in youth by using the Challenge as a fun and informative learning tool." 

The bilingual contest is open to Canadians ages 15 to 21 and offers youth the opportunity to invite friends to join the Challenge, and to compete and engage with contest participants at a local and national level. Classroom materials including lesson plans are available to download from the Teacher and Parent Resource Centre FinancialFitnessChallenge.ca/Teachers.

At the close of the contest, 13 entries – one from each province and territory – will be randomly selected from eligible participants to win an Apple® iPad, and one national grand prize winner will be awarded a $2,000 scholarship.

The CSA, the council of securities regulators of Canada's provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets.

Carolyn Shaw-Rimmington   Ainsley Cunningham
Ontario Securities Commission   Manitoba Securities Commission
416-593-2361   204-945-4733
     
Sylvain Théberge   Wendy Connors-Beckett
Autorité des marchés financiers   New Brunswick Securities Commission
514-940-2176   506 643-7745
     
Ken Gracey   Natalie MacLellan
British Columbia Securities Commission   Nova Scotia Securities Commission
604-899-6577   902-424-8586
     
Mark Dickey   Barbara Shourounis
Alberta Securities Commission   Saskatchewan Financial Services
403-297-4481   Commission
    306-787-5842
     
Linda Peters   Doug Connolly
Office of the Attorney General   Financial Services Regulation Div.
Prince Edward Island   Newfoundland and Labrador
902-368-4552   709-729-2594
     
Graham Lang   Louis Arki
Yukon Securities Office   Nunavut Securities Office
867-667-5466   867-975-6587
     
Donn MacDougall    
Securities Office    
Northwest Territories    
867-920-8984    

Contact Information

  • Autorite des marches financiers
    Sylvain Theberge
    514-940-2176