OSC begins financial literacy promotion
The Toronto-based Ontario Securities Commission has begun a series of promotional activities to coincide with Fianancial Literacy Month in November. According to the organization, the intent of these initiatives is to help comsumers make more informed decisions about money. In-person and online events will take place through the month in Ontario. In particular, this year the commission has expanded its resources related to cryptocurrencies, including a new website at <http://www.getsmarteraboutcrypto.ca>. Additional activities will include a fraud prevention webinar by the Ontario Provincial Police and the Canadian Anti-Fraud Centre, a “Telephone Townhall” call-in event about working with financial advisors and avoiding fraud, a fraud prevention Twitter chat, social media content on Instagram, Twitter and Facebook regarding debt management, financial and other issues, and a series of videos about commom forms financial fraud.
“Financial Literacy Month is a great time to assess and increase your knowledge about investment products, including newer options such as crypto assets,” said Tyler Fleming, director of the OSC’s Investor Office. “Our website can help you learn about the rules and the risks of investing in crypto. Whether you're learning how to budget or trying to save, we have a wealth of free, unbiased resources online and events this month to help increase your financial confidence.”