Archived - Minister of State (Finance) Engages the Startup Canada Task Force Financial Literacy Committee

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April 25, 2014 – Toronto, Ontario – Department of Finance

Minister of State (Finance) Kevin Sorenson today took part in an event marking the launch of the Startup Canada Financial Literacy Committee, and then participated in a roundtable discussion with the group on how best to bridge the financial literacy gap for entrepreneurs.

Quick Facts

  • Launched in May 2012, Startup Canada is a national, grassroots, volunteer-run and entrepreneur-led movement to enhance the nation’s competitiveness and prosperity by uniting and strengthening Canada’s entrepreneurship ecosystem and promoting a vibrant entrepreneurial culture.
  • The Startup Canada Financial Literacy Committee will undertake research and activities to:
    • better understand the financial literacy gap for entrepreneurs;
    • educate government and entrepreneurs about the realities and implications of this gap;
    • provide government with its key findings; and
    • undertake entrepreneur and private sector-led initiatives to reduce this gap and advance entrepreneur financial literacy in Canada.

Quotes

"The Government of Canada's Task Force on Financial Literacy highlighted the fact that strengthening financial literacy is a shared responsibility among a wide range of parties, including schools, families, governments, and private sector and voluntary organizations, and that collaboration is vital to achieve greater results. Initiatives like the one we are taking part in today exemplify the kind of partnership that can be built to enhance financial literacy across Canada."

- Kevin Sorenson, Minister of State (Finance)

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Meagan Murdoch
Director of Communications
Office of the Minister of Finance
613-996-7861

Jack Aubry
Media Relations
Department of Finance
613-996-8080

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