National Adult Literacy Database

Authors: Social and Enterprise Development Innovations (SEDI)

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.

Added: 2011-04-27

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• Éducation financière : Ressources pour les nouveaux arrivants au Canada

Authors: Social and Enterprise Development Innovations (SEDI)

The authors of this report say their research shows that Canadians with disabilities have access to only a very small supply of financial literacy resources.

One of the main gaps the authors found was a lack of government support for financial literacy for people with disabilities. They found that while governments are good at providing lists of benefits, they need to do more to provide clear, accessible pathways so people can receive those benefits.

The authors also emphasize the importance of programs that not only provide financial literacy tools, but also give people with disabilities the opportunity to practise new skills until they have mastered them.

The authors used a number of methods to collect their data, including a literature review and interviews with both people with disabilities and their caregivers.

Added: 2011-05-03

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• Éducation financière : Ressources pour les personnes handicapées

Authors: Social and Enterprise Development Innovations (SEDI)

This document outlines a submission to the Government of Canada’s Task Force on Financial Literacy made by Social and Enterprise Development Innovations (SEDI), a charitable organization that works with community groups nationwide to help low-income people become self-sufficient through financial literacy; savings and asset building; and entrepreneurship.

SEDI’s recommendations include recognizing that local community groups have the skills to provide financial literacy resources to vulnerable populations; fostering partnerships between government and the voluntary sector to identify at-risk adult target groups; and developing marketing strategies to bring the message about financial literacy to low-income Canadians.

The task force was established in 2009 and published its final report in February 2011. The report can be found at http://library.nald.ca/item/9167.

Added: 2011-06-21

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