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Promoting Financial Literacy to Promote Minority Community Development


On Friay May 14, 2010 the Institute for Commuity Entrepreneurship and Development in partnership with the Carrefour Jeunesse Emploi de Côte-des-Neiges held "Dollars Make Sense" - an educational seminar on the value of financial literacy education for community leaders and individuals.

The "Dollars Make Sense" event was targeted to youth minorities in Montreal and focused on the importance of financial management from an individual consumption perspective and on capital resources management (savings and investment). Brian Smith, Financial Literacy Coordinator at Carrefour Jeunesse Emploi, talked about the need for access and resources to develop financial literacy skills early in life. He added that a multi-stakeholder approach, involving community representatives, government, and educators, is necessary to reach those who need this training most. Julie Lemieux spoke on behalf of the Autorité des marchés financiers and described the AMF financial market governing activities and other initiatives to support financial literacy training in Quebec. The three organizing groups were also joined by members from the NDG Black Community Association, DESTA Black Youth Network, Quebec Board of Black Educators, Black Studies Center, English Montreal School Board, Concordia Institute for Co-op Education and JMSB faculty.

"Dollars Make Sense" Videos

Introduction featuring Brian Smith
Financial Literacy Project Coordinator, Carrefour Jeunesse Emploi de Côte-des-Neiges (CJECDN)
Watch the video

Dr. Clarence Bayne
Director, Institute for Community Entrepreneurship and Development (ICED), Johsn Molson School of Business
Watch the video

Dr. Raafat Saadé
Assistant Professor, Department of Decision Sciences and Management Information Systems (DS & MIS), John Molson School of Business
Watch the video

Julie Lemieux
Analyst, Education and Good Governance Fund, Autorité des Marchés Financiers (AMF)
Watch the video

Brian Smith
Financial Literacy Project Coordinator, Carrefour Jeunesse Emploi de Côte-des-Neiges (CJECDN)