Ottawa, November 16, 2011 – This year, the fifth Credit Education Week focuses on the "sandwich generation," and the Financial Consumer Agency of Canada (FCAC) has information and tools to help Canadians who care for both their children as well as their parents.
The "sandwich generation" refers to people in mid-life who have the responsibility of caring for their own children as well as their parents or other older relatives.
FCAC offers almost 60 resources, from tip sheets to tools such as credit card and bank account selectors. "Our information packages and Web tools are designed to enable consumers of all ages to compare options and make wise choices," says FCAC Commissioner, Ursula Menke. "Our materials are also written in clear language, so they are easy to understand."
FCAC's tools and products provide information to help consumers make financial decisions that are best for them.
With educational materials and interactive tools, the Financial Consumer Agency of Canada (FCAC) provides objective information about financial products and services to help Canadians increase their financial knowledge and confidence in managing their personal finances. FCAC informs consumers about their rights and responsibilities when dealing with banks and federally regulated trust, loan and insurance companies. FCAC also makes sure that federally regulated financial institutions, payment card network operators and external complaints bodies comply with legislation and industry commitments intended to protect consumers.
You can reach us through the FCAC Consumer Services Centre by calling toll-free 1-866-461-3222 (TTY: 613-947-7771 or 1-866-914-6097) or by visiting our website: fcac.gc.ca.
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Media Relations Officer