Families and teachers interested in the program can visit the website at www.talkwithourkidsaboutmoney.com. The website includes sample resources and will continue to develop and expand up to, and beyond, the first Talk With Our Kids About Money Day on April 17th, 2013.
"Many Canadian households are sitting on fragile ground financially today, and this has a ripple effect that can negatively impact our economy on the whole if conditions don't improve," noted Mr. Rabbior. "We have a responsibility to the next generation to make sure they are better prepared for their money decisions and challenges than past generations."
"BMO is proud to support this new program, as it aligns with our ongoing mission of Making Money Make Sense and promoting financial literacy," said L. Jacques Menard, Chairman of BMO Nesbitt Burns and Co-Chair of the Task Force on Financial Literacy. "The Talk with Our Kids About Money Day sends a strong signal to parents on the importance of having frank and open discussions that will help their children become more confident in their decisions about money."
The new program, offered by CFEE, and supported by BMO, includes:
-- Website with resources, ideas, activities, etc. for families and teachers-- Teachers' Kit for schools in the greater metropolitan areas of Toronto and Montreal registering to participate (plus additional resources, tools and supports on the website) expanding to other provinces beginning in 2014-- Interactive contests such as: a poster competition; a video competition; and other activities that can help to share family, school, and youth experiences related to learning about money
B-roll footage of the launch will be available via satellite on Thursday, January 24th at 4:15 - 4:30 p.m. Eastern.
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CFEE is a federally chartered, non-profit, non-partisan organization, founded in 1974, that works to improve economic and financial literacy and enterprising capability. CFEE works collaboratively with ministries and departments of education along with school boards, schools, educators, and teacher associations. CFEE also engages in activities to support and assist newcomers and past immigrants to Canada, and the general public including print resources, videos, workshops, and online resources. Overall, CFEE aspires to help Canadians of all ages be better prepared to undertake their economic roles, responsibilities, and decisions with confidence and competence.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $525 billion as at October 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
CFEE Media Contacts:
(905) 726-3438 or Cell: (416) 893-8772
BMO Financial Group Media Contacts: