University and College Students in Western Canada Equip Canadians with the Knowledge and Skills Needed to Create Financially-Secure Futures

(Calgary) March 4, 2019: Students from Okanagan College and Simon Fraser University (SFU) have been named the 2019 CWB Financial Education Challenge Regional Champions by Canada’s largest experiential learning platform, Enactus Canada, and program supporter Canadian Western Bank. Both teams will now move on to the national level of competition taking place May 8, 2019 at the Enactus Canada National Exposition in Vancouver.

Okanagan College students were recognized for developing a six-week program aimed at teaching key financial literacy concepts to elementary school students to help address the gap in financial literacy knowledge in schools. At Simon Fraser University, students developed Count on Me, a program that instils financial literacy in at-risk youth, enabling them to build a secure future.

“Canada has a financial literacy issue, with 57 per cent unable to pass a basic financial literacy test,” said Nicole Almond, President of Enactus Canada. “Through this challenge, Enactus students are addressing this directly, providing individuals with the knowledge and confidence to make responsible financial decisions. That’s life-changing.”

Through CANSave, Enactus Okanagan has impacted over 33,000 students from Kindergarten to Grade 7 in more than 100 communities across Canada.

Count on Me is working to integrate their curriculum into BC’s Career Planning classrooms in schools across three school districts, which would lead to over 300 high school students being directly impacted.

“Canadian Western Bank is proud to support Enactus students as they strive to improve financial literacy within and outside of their communities,” said Jeff Wright, a senior vice president at Canadian Western Bank. “Financial literacy is an essential life skill that many do not have today. Our younger generations need to actively participate in becoming more financially literate to prepare themselves to make smart financial decisions throughout their lifetimes.”

The CWB Financial Education Challenge is a national competition empowering post-secondary students to develop and deliver projects that teach relevant financial skills. Over the past decade of this challenge, close to 10,000 students across the country have been involved in financial education projects, resulting in more than 800 financial education projects being delivered, and directly impacting over 100,000 individuals.

Student teams demonstrated the impact of their financial education projects to panels of business executives on March 1 in Calgary as part of the Enactus Canada Regional Exposition – Western Canada.


ABOUT ENACTUS CANADA: Enactus Canada, a national charity and the country’s largest post-secondary experiential learning platform, is shaping entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada. Guided by academic advisors and business experts, more than 3,498 post-secondary students led 275 community empowerment projects and business ventures last year in communities coast to coast, positively impacting over 28,000 lives.

As a global network of 36 countries, Enactus uses the power of entrepreneurial action to transform lives and shape a better, more sustainable world. For more information, visit


ABOUT CANADIAN WESTERN BANK (TSX: CWB): is a bank for business owners and individuals who want expert advice and specialized financial services for their business banking, personal banking and wealth management needs. Our relationship-based approach means we know our clients and their industries, and ask the right questions to provide the right financial solutions. Through our network of branches, offices and our mobile relationship teams in more than 50 communities across Canada, we’re helping our clients grow their businesses, manage their money and realize their financial potential. Get to know us at