9 – Should the Government Promote Financial Literacy – Jane Rooney

Today’s guest is Jane Rooney, Canada’s Financial Literacy Leader, who explains why she believes the federal government should take an active role in promoting financial literacy.

While there are numerous groups promoting financial literacy, Ms. Rooney explains that her role is to bring together the various groups so that Canadians have easy access to all resources. Ms. Rooney is working towards a national strategy on financial literacy, to be released in 2015, that will identify any gaps in resources currently available, and create a plan to bridge those gaps. Ms. Rooney believes that the federal government is best positioned to provide those resources.

In the bonus segment Doug Hoyes reviews the definitions of financial literacy, gives his own, and gives his opinion on how each individual Canadian can best best promote financial literacy.