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Opens in new tabFinancial Consumer Agency of Canada (FCAC)

National Financial Literacy StrategyInitiative details

All initiatives

FinLit U

Black Moms Connection launched FinLit U in 2020. It is an 8-week financial literacy masterclass designed for Black mothers and is led by Black financial professionals. The program leaders consult with consumers and financial professionals from the Black community to ensure a highly tailored approach that aims to improve confidence and rates of inclusion in the financial system. They use qualitative and quantitative feedback to assess consumers’ access and use of financial products and services, as well as to get a sense of the kinds of negative experiences that Black consumers may face.

Initiative type

  • Workshop

Demographics collected

  • Education
  • Ethno-cultural group
  • Financially responsible for dependent
  • Gender
  • Household income
  • Marital status
  • Visible minority
  • Work situation

Initiative occurrences

  • January 01, 2020 to December 31, 2020
    Sample size: 23

Target population

  • Parent
  • Women

Related priorities 

This initiative relates to the following National Financial Literacy Strategy priorities and target outcomes: 

Disclaimer

The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.

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