Financial Literacy in Canada

Financial literacy is important for living a comfortable life and achieving a stress-free retirement. Despite this, 72% of Canadians say that they do not have a financial plan.

In addition, the average consumer in Canada has debt that is 22% higher than their income. Leading to a situation where almost 50% of Canadians feel that they are one or two pay-cheques away from a financial crisis.

Due to alarming trends like these, the issue of financial literacy among Canadians has become increasingly important.

Unfortunately, the current high school and University curricula do not place a significant importance of financial education.

This leads to a situation where one in five Canadians feels that they lack confidence in their financial skills and decisions.

Financial literacy education is the key to reversing the above trends and creating a society where lack of financial literacy is no longer a problem.

OnTarget Education and Financial Literacy

OnTarget is a registered Ontario non-profit corporation committed to providing Canadian communities with quality financial literacy education through innovative and interactive programs.

The key to OnTarget Education teaching philosophy is a commitment to both theoretical knowledge and practical application.

Each of our programs has two components: A lecture and a simulation.

The lecture portion introduce the target audience to the financial management skills that are essential to their success.

The simulation allows the students to apply what they have learned by practicing making financial decision. By playing through their financial lives students begin to understand the importance of proper financial management skills.

To find out more about our innovative programs please visit out programs page.