Get Financially Fit and Win Big

News Releases

February 15, 2011 - NWT youth are encouraged to participate in the Canadian Securities Administrators ‘Financial Fitness Challenge’, an online contest that uses videos, Facebook and Twitter tips to help youth increase their financial literacy and offers them the chance to win an iPad or a grand prize of $2,000.

“Last year, for the third year in a row, the NWT had the highest per-capita participation rate in Canada – nearly five times the Canadian average,” said the Minister of Justice, Jackson Lafferty. “We encourage parents and teachers to continue to develop financial literacy skills in youth by using the Challenge as a fun and informative learning tool.”

The Financial Fitness Challenge runs from February 15 to April 15, 2011, and is open to Canadians ages 15 to 21. It uses interactive tools and scenarios to raise awareness of important financial concepts, such as balancing needs versus wants, budgeting, saving, and investing. This year, visitors to the site will see four new entertaining and informative videos on budgeting, credit cards, investing, and investment fraud. Classroom materials including lesson plans are also available to download from the Teacher and Parent Resource Centre.

For more information, please visit www.financialfitnesschallenge.ca or contact:

Tara Kearsey
Senior Communications Advisor
Department of Justice
Tel: (867) 920-3130
Email: tara_kearsey@gov.nt.ca