Financial illiteracy runs deep in Canada: Dale Jackson

The need for investor education has never been higher as more Canadian workplace pension plans shift from the safety of guaranteed payouts, writes Dale Jackson for BNNBloomberg.ca.

It’s also sad because it reveals a basic misunderstanding of how the economy, monetary policy, and compound interest work.

It’s sad and funny that protesters believe the government has the ability or inclination to lower mortgage rates with the turn of a dial.

Debt is the focus of this November’s Financial Literacy Month; Ottawa’s attempt to raise the level of financial knowledge among Canadians by cobbling together the many organizations and resources that work to strengthen our understanding of finances.