M-125 Financial Literacy

That, in the opinion of the House, the Standing Committee on Finance should study the implementation and progress of the National Strategy for Financial Literacy (NSFL) in order to evaluate: (a) whether the NSFL is meeting current goals to empower Canadians to manage money and debt wisely, plan and save for the future, and prevent and protect against fraud and financial abuse; (b) whether the NSFL is evolving in developing new goals by identifying, for example, the needs of vulnerable groups using a Gender-Based Analysis Plus (GBA+) lens with respect to building financial knowledge, skills and confidence in financial decision-making; and (c) whether the NSFL has appropriate measures in place to evaluate its progress in meeting its goals; and that the Committee should report to the House its findings and recommendations within six months of its study being undertaken.