Practical Money Skills is a free financial literacy program to help Canadians understand the fundamentals of money management. Created by Visa, the program offers money management resources including calculators, games, and lesson plans tailored for use by Canadian families and educators.
Jane Rooney Appointed Canada's New Financial Literacy Leader
Minister of State (Finance) Kevin Sorenson announced the appointment of Jane Rooney of Financial Consumer Agency of Canada (FCAC) as Canada's new Financial Literacy Leader. At the national launch of Talk With Our Kids About Money Day, Sorenson explained Rooney's role to help promote cooperation among stakeholders and improve financial literacy for all Canadians. Read more
Thrifty Canadians Spend 26% Less Than Americans on Prom
A new Visa Canada survey reveals that Canadians plan on spending an average of $805 on their teenager's prom, compared to American households with teens, who plan to spend an average of $1,086. Additionally, Canadian households with teenagers are planning to cover 81% percent of prom costs, compared to their American counterparts who are planning to cover only 57%. Read more
Visa Canada's Plan'it Prom App Helps Teens and Parents Stick to Prom Budget
Prom spending represents a major expense for Canadian families with high school students. To combat out of control spending, Visa launched a free app for iOS and Android that helps parents and teenagers plan and budget every aspect of prom in order to support responsible spending.
Download for Android
Download for iOS
Watch the 2014 Financial Literacy Summit
Visa Inc. and Federal Reserve Bank of Chicago co-hosted the eighth annual Financial Literacy Summit today in Chicago. International financial literacy experts convened to discuss the challenges and strategies to reach the unbanked and underbanked with financial literacy resources. Watch now
2013 Grade 12 Essay Writing Contest Winner Announced
Visa Canada awarded high school student Riley O. of Ontario's winning essay titled, The Dumbest Thing I Ever Did With My Money, at Credit Education Week Canada's (CEWC) gala dinner on November 14. Visa Canada's Director of Financial Education Carla Hindman presented the award. Read more
Practical Money Matters
Selling your home sweet home
Spring seems to be a typical time for people to test the housing market by listing their homes. Interest rates have remained low over the last couple of years, so more people have been thinking about taking the plunge before the rates start to rise. Read more