Fidelity Investments Canada ULC has unveiled new resources aimed at enhancing financial literacy among young Canadians. According to a recent study conducted by Fidelity in collaboration with Ipsos, 78% of Canadians aged 15 to 17 believe it is crucial to learn about budgeting and financial management.
The new content is part of the Money Gains video series, which was originally launched in 2023. This free educational resource is designed for grade 9 and 10 students, as well as educators and parents interested in guiding students on their investment journeys. The series is accessible in both English and French on Fidelity’s website and YouTube channel.
As part of the back-to-school initiative, Fidelity has introduced two new videos that cover essential investing topics such as seeking advice versus self-investing, and understanding investment fees. Additional videos will be released in the coming weeks.
Furthermore, Fidelity has developed lesson plans for Ontario educators to incorporate Money Gains into their curriculum, which aligns with various courses including Building the Entrepreneurial Mindset, Launching and Leading a Business, Grade 9 Mathematics, and Career Studies, available in both official languages.
Diana Godfrey, Senior Vice President of Human Resources and Corporate Affairs at Fidelity, emphasized the importance of equipping young people with investment knowledge while encouraging responsible decision-making. Kelly Creelman, Senior Vice President of Products and Marketing, added that understanding investing is crucial for young Canadians as they plan for their future goals, such as vacations, education, and home purchases.
With recent changes in Ontario’s educational policy requiring financial literacy as part of the Grade 10 curriculum, Fidelity’s resources are timely in aiding students to deepen their investment understanding. Fidelity is committed to supporting this initiative and enhancing financial literacy in the community.
In addition to the Money Gains series, Fidelity actively contributes to financial literacy through its Charitable Giving Committee, supporting initiatives that empower individuals with necessary financial knowledge.
Listeners can also engage with Fidelity’s special episode of the Upside at 12:30 p.m. ET, featuring discussions on investment literacy with experts in the field.
Fidelity Investments Canada, managing $253 billion in assets, is dedicated to helping various clients achieve their long-term financial goals, continually innovating its investment and wealth management offerings.