My Money, My Future challenge youth across Canada to create new tools and resources to help young Canadians

The Canadian Foundation for Economic Education companions with CIBC to interact excessive faculty college students in a country wide opposition to advance an modern gaining knowledge of aid to assist enhance monetary literacy. TOP PRIZE: $10,000!

TORONTO- The Canadian Foundation for Economic Education (CFEE) is partnering with CIBC to venture formative years throughout Canada to create new equipment and sources to assist younger Canadians enhance their economic knowledge, abilities and capabilities. Under the new application known as My Money, My Future , excessive faculty college students aged 14-18, in all concern areas, will be making use of their creativity, skills, and ardour to strengthen new studying assets that will assist educate necessary economic know-how and competencies to different youth. This modern peer-to-peer mastering application objectives to promote and practice a experience of enjoyable and creativity to an vital existence ability – monetary literacy.

 

Students are being requested to draw upon their talents, skills, and ardour to create some thing new, different, unique, and effective. Students vary in phrases of what they like, what engages their interest, and how they learn. The software is designed to tackle all of these editions through encouraging college students to produce all varieties of unique equipment and resources. Submissions can be a video, a song, a poem, a podcast, a booklet, an animation, a piece of artwork or any capacity with the aid of which formative years assume they may want to have interaction and assist teach different adolescence about monetary matters. CIBC Ambassadors will take part in the regional judging component of the assignment and can provide guide to instructors from coast to coast at some stage in the opposition process.

Submissions can be in both English or French.

Beginning in November, Financial Literacy Month in Canada, CFEE is attaining out at once to teachers, administrators, schools, college boards, Provincial Ministries of Education as properly as Youth Groups to make certain large expertise about the venture to motivate participation.

My Money, My Future is each a venture and a contest. In the first round, instructors will put up the pinnacle challenge from their college students (participating in my opinion or in groups up to four) and up to three "Honourable Mentions" on the software website. In the 2d round, regional panels of judges will consider the great tasks submitted with the aid of instructors from every place for participation in a National Showcase.

At the My Money, My Future National Showcase, regional winners will make a stay digital 5-7 minute presentation supplying historical past on their advent – foundation of their idea, mastering objective, why this is essential for youth, what plans they have for their idea, etc. The digital National Showcase will be open for viewing to all Canadians and will take region towards the cease of May, 2021.  Judging panels will encompass illustration from education, government, commercial enterprise and early life leaders.

Prizes for the National Challenge are:

1st Prize:

$10,000 toward future schooling or coaching – both to triumphing character or shared equally amongst group members

2nd Prize:

$5,000 closer to future training or education – both to 2nd location person or shared equally amongst crew members

3rd Prize:

$2,500 closer to future schooling or coaching – both to third location person or shared equally amongst crew members

The great creations of childhood will be posted on a new VIRTUAL FINANCIAL LEARNING YOUTH CENTRE internet site for use by way of teachers, parents, and formative years to examine about money, increase economic skills, and be higher capable to construct a happy, healthy, monetary future.

Quotes

"The My Money, My Future" application is one of the most progressive applications we have ever undertaken," stated Gary Rabbior, President, Canadian Foundation for Economic Education. "It appears to have interaction all childhood – from any difficulty location – and follow their creativity and initiative to assist us enhance economic literacy in Canada. We are extraordinarily grateful to CIBC for their assist – each financially and thru the guide that will be supplied via their personnel throughout the country. I cannot wait to see what the ingenuity of our childhood will create!"

"We are thrilled to accomplice with CFEE to assist younger Canadians enhance their monetary know-how thru this innovative and revolutionary competition," stated Carissa Lucreziano, Vice President, Financial and Investment Advice at CIBC. "Our crew participants are passionate about making fine alternate in our communities, and we appear ahead to assisting younger Canadians in accomplishing their monetary ambitions."