Financial Consumer Agency of Canada
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Success Stories
TRAILER
To demonstrate how consumers can use its tools and resources,
FCAC has gathered the testimonials of more than twenty Canadians who share the way they use the Agency's different tools to enhance their knowledge and abilities in managing personal finances. To get a glimpse of all the testimonials, view
FCAC's
Success Stories trailer.
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BUDGETING AND SAVINGS
After living in big cities, Ashley seized the opportunity for a change of lifestyle and accepted an accounting position in Canmore, Alberta. Ashley believes that her financial knowledge allowed her to manage her finances and avoid falling into the debt trap.
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Mélanie Boulet is a second-grade teacher at De la Découverte Elementary School in Ottawa, Ontario. Like most young adults, Mélanie is nowhere near retirement, but she believes that it's never too early, or too late, to start saving for it. When she is in class with her students, she finds opportunities to teach them the value of money.
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Rodney Noriega incurred a lot of debt while studying for his business degree from Simon Fraser University in British Columbia, especially as a result of his student loans. He explains how he uses
FCAC's tools to reduce his debt load, and he invites all students to become better informed before signing credit card, cell phone or other contracts.
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Sophie Miron is a financial educator at Carrefour jeunesse emploi de l'Outaouais in Gatineau, Quebec, where she works on a project called
l'École de l'argent.
L'École de l'argent aims to inform Canadians aged 16 to 35, and all new Canadians about personal finances and budgeting.
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Hannah, Isaac and Phoebe Smith are young professionals living in Toronto. They believe that many young people today accumulate debt in order to maintain the lifestyle they desire and recognize how important it is to make a budget and live within their financial limits.
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BEATING DEBT
Monica Daga moved to Canada at age 14, where she finished her education. She learned to overcome her debt, and today works as a settlement worker, helping new immigrants integrate into the job market and understand the financial system.
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François Leblanc works as budget advisor at Entraide Budgétaire, a community organization in Ottawa, Ontario. His role is to help clients who are facing financial difficulties, usually related to debt, late payments or low credit ratings.
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Debbie Squier-Bernst is an insolvency assistant administrator at BDO Dunwoody in Thunder Bay, Ontario. She assists people through the bankruptcy and insolvency processes. Debbie draws on her own experience with debt to help her clients.
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Richard Haggins is a manager of operations at InCharge Debt Solutions in Mississauga, Ontario. Every day, he works with clients who need credit counselling because they are in financial or debt hardship.
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Peter Nares is the founding executive director of Social and Enterprise Development Innovations (SEDI), which has been working for 22 years to alleviate poverty by testing new ideas that would assist low-income people with overcoming their financial difficulties.
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MORTGAGES
Laurin Jeffrey is a real estate agent with Century 21 Regal Realty in Toronto, Ontario.
Clients who first come to see him to buy a property often look to him for advice on how to begin the financial side of buying a home. Laurin often recommends
FCAC's tools and publications as he believes they are a good independent source of information.
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YOUTH AND FINANCIAL LITERACY
Isabelle Coleman and Vincent Auffrey of the Mathieu-Martin High School, and Nicholas Smith and Trevor Yerxa of the Riverview High School, in New Brunswick, are part of an innovative project aimed at filling in the gap in financial knowledge that many high school students have. Coordinated by Partners for Youth, this pilot project uses as its primary teaching resource
The City.
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Lucy Johnson teaches financial management and career and life management courses at Kate Andrews High School Coaldale, Alberta. Since November 2008, she has been using the financial literacy program
The City in her courses.
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Brian Smith is an employment counsellor and a financial coach at
Carrefour jeunesse-emploi Côte-des-Neiges in Montréal, Quebec. He works with young visible minorities and recent immigrants on the Monnaie-Money project. Every day, Brian meets many young people who have difficulty managing their personal finances because of social pressures.
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Pierre Roy is a twelfth-grade teacher at Mathieu-Martin high school in Dieppe, New Brunswick, who has incorporated the financial literacy program
The City into his mathematics course.
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FRAUD
Ken MacDonald is a crime prevention coordinator with the New Glasgow Police Service in Nova Scotia. He mainly deals with the prevention of identity theft, a type of fraud that is becoming more and more common not only in New Glasgow, but also in the rest of the province.
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