Financial Literacy: Resources for Newcomers to Canada (2008)

Newcomers to Canada may face particular challenges in the area of financial literacy. This report describes research undertaken to learn more about the supply of financial literacy interventions to newcomers; gaps in services; and key causes of these gaps.

Based on their research, the authors recommend the development of delivery systems that focus more on individual client needs and realities; more emphasis on ensuring topics are relevant to client groups; and the fostering of partnerships between sectors to enhance funding and create programming that might help newcomers move towards self-sufficiency.

They recommend more flexibility in government programming that allows for financial literacy to be embedded in existing support programs, such as employability training.

The authors also describe their research methodology, which included a literature review and interviews.

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Added: 
2011-04-27
APA citation
Social and Enterprise Development Innovations (SEDI). Financial Literacy: Resources for Newcomers to Canada 2008. Web. 1 Oct. 2020 <http://en.copian.ca/library/research/sedi/flr_newcomers_canada/flr_newcomers_canada.pdf>
Social and Enterprise Development Innovations (SEDI) (2008). Financial Literacy: Resources for Newcomers to Canada. Retrieved October 1, 2020, from http://en.copian.ca/library/research/sedi/flr_newcomers_canada/flr_newcomers_canada.pdf
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