Financial Consumer Agency of Canada (FCAC)

This short video introduces a financial toolkit designed to help people become more confident about managing their finances.

The toolkit is written in clear language, and is available in English or French either online or in a printed format. It contains basic financial information, along with worksheets, quizzes, checklists, and other tools.

Credit reporting agencies track how individuals use credit cards and loans, and how they pay their bills, then use this information to create each person’s credit report and credit score. Lenders use these reports to decide whether they will lend someone money, and how much they will charge that person to borrow.

This brief document, prepared by the federal government’s Financial Consumer Agency of Canada (FCAC), is filled with tips to help people select a low-cost bank account.

The authors begin by explaining the features of a low-cost account, which include the use of a debit card and the absence of charges for deposits. Other features, like the number of debits included in the monthly rate, can vary from one bank to another.

This brochure offers important information for anyone who wants to open a personal bank account.

This report provides a summary of the major themes that arose during a two-day conference on financial literacy, sponsored by the Financial Consumer Agency of Canada (FCAC) and the Organisation for Economic Co-operation and Development (OECD). The conference was held in Toronto in May 2011.