(CALGARY) 5 March 2018 – Through workshops and one-on-one education, Mount Royal University students are providing financial literacy skills, job-skill development and post-secondary guidance for women exiting the sex trade in an effort to help them reintegrate into society.
A team of students from the University of Regina have launched Financial Foundations, an initiative that aims to provide financial literacy curriculum to high school students across the province of Saskatchewan.
These two Enactus teams have been named 2018 Capital One Financial Education Challenge Regional Champions by Canada’s largest experiential learning platform, Enactus Canada, and program supporter Capital One Canada.
“Canada has a financial literacy issue, with 57% 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.”
In its fifth year of operation, Enactus MRU’s EmpowerU has helped over 64 women and 15 this past year alone.
Enactus University of Regina’s Financial Foundations has positively impacted 40 student participants to-date. They plan to extend that number to 58,000 high school students across the province.
“Congratulations to the winners! By sharing their financial knowledge and skills with people in need, Enactus students open many opportunities for Canadians.” said Shane Holdaway, President of Capital One Canada. “At Capital One, we are focused on helping Canadians succeed with their finances. We use powerful analytics and user-centric technology to build products, services, and tools to help Canadians be smarter with their money and fuel their future with possibilities.”
The Capital One Financial Education Challenge is a national competition empowering post-secondary students to develop and deliver projects that teach relevant financial skills. Since 2011, this challenge has engaged 7,840 students across the country, resulting in 744 financial education outreach projects, and directly impacting the financial futures of 84,945 people.
Student teams demonstrated the impact of their financial education projects to panels of business executives on March 2 in Calgary as part of the Enactus Canada Regional Exposition – Western Canada.
Enactus Mount Royal University and Enactus University of Regina will now move on to the national level of competition taking place May 14-16 at the 2018 Enactus Canada National Exposition in Toronto.
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 3,300 post-secondary students led 275 community empowerment projects and business ventures last year in communities coast to coast, positively impacting over 26,000 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 enactus.ca.
ABOUT CAPITAL ONE: With offices in Toronto, Kitchener-Waterloo and Montreal, Capital One Canada has been offering Canadian consumers a range of competitive Mastercard credit cards since 1996. We challenge ourselves to deliver innovative products and services that help Canadians make informed decisions about their money so they can maximize their financial potential. Capital One Canada is a division of Capital One Bank, a subsidiary of Capital One Financial Corporation of McLean, Virginia (NYSE: COF). To learn more visit: www.capitalone.ca/enactus and follow us on Twitter @CapitalOneCA
Director, Marketing & Strategic Growth, Enactus Canada
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