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Canadians and Their Money

Canadians and their money: building a brighter financial - EduGAINS

Canadians and their money: building a brighter financial - EduGAINS

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Appendix C: Highlights from the National Financial Literacy IndexThe results of the 2009 Canadian Financial Capability Survey have been translatedinto a national index composed of five broad areas of financial literacy: making endsmeet; keeping track; choosing financial products; planning ahead; <strong>and</strong> stayinginformed. For each of the five areas, the index gives a score between 0 <strong>and</strong> 100,where 100 is the highest score of anyone in the country <strong>and</strong> 0 is the lowest.National Average Scores1008082Score604066706120390Making ends meetKeeping trackChoosing productsPlanning aheadStaying informedThe following graphs show the distribution of <strong>Canadians</strong> between the highest <strong>and</strong>lowest scores in each of the five areas of financial literacy. A preponderance ofscores toward the right would indicate that most <strong>Canadians</strong> are managing wellwith a particular aspect of financial literacy.92TASK FORCE ON FINANCIAL LITERACY – Appendices

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