Canadian Financial Literacy Database & Self-Assessment Quiz

July 6, 2015 | Christina

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 Canadian Money

 (Image courtesy of Sharon Drummond posted on on January 16, 2012.  This file is licensed under the Creative Commons Attribution 2.0 Generic license)

The Financial Consumer Agency of Canada (FCAC) works to protect and inform consumers of financial services. They are at the centre of the national effort to improve the financial literacy of Canadians.

The FCAC has developed the Canadian Financial Literacy Database to "provide Canadians with a comprehensive listing of financial literacy resources, events, tools and information from various financial education providers, including the public, private and non-for-profit sectors across Canada."  

Find answers to questions such as:

  • Am I managing my money wisely?
  • Can I afford to retire?
  • How can I protect myself from financial fraud?
  • What should I know before buying my first home?

As indicated, the database can be used to find information on a variety of financial matters such as budgeting and money management, insurance, saving and investing, taxes, fraud prevention, and much more.  

At present, there are over 850 resources listed in the database, submitted by over 75 organizations. The database contains hundreds of resources and events that includes tip sheets, calculators, books, websites, conferences and workshops. The Canadian Financial Literacy Database can be searched by topic, target audience, life event, and more.

To get started, a Financial Literacy Self-Assessment Quiz is available to help you identify the areas where you need to strengthen, and maintain, your financial knowledge and skills. The self-assessment quiz asks a series of questions to determine your needs, and the kinds of resources and events that could help "broaden your knowledge, skills and confidence in order to make responsible financial decisions". Based on your answers, the quiz generates a link to a filtered list of resources and events in the Canadian Financial Literacy Database.

For resources available at the Toronto Public Library, search the library’s website with the recommended subjects:

  • Finance, Personal
  • Financial Literacy