|By PR Newswire
|December 14, 2012 11:51 AM EST
Financial understanding: it just adds up-to big prizes for Canadian
OTTAWA, Dec. 14, 2012 /CNW/ - The Financial Consumer Agency of Canada (FCAC) is pleased to announce the winners of the Financial Literacy Month video contest for young people. The video contest invited students aged 13 to 19 to show their financial
savvy by producing a video with the theme, "How am I saving for…" The videos had to finish with the words, "Financial understanding. It
just adds up."
The 38 entries received demonstrate that Canadian students know the
importance of financial understanding and are ready to show what they
are saving for and how they are doing it. The students who entered had
plenty of creative ways to save for goals from university tuition, to
vacations, to horses.
"It pays to know that financial literacy is for everyone, including
students," remarked FCAC Commissioner Ursula Menke. "The video contest showcased how young Canadians are
thinking of their futures and how their decisions, including budgeting,
After the closing date of the contest, an FCAC jury narrowed the videos
down to eight finalists. A second jury selected the top three winners
from the group of finalists based on creativity, production quality and
1st place: Claire Sandercock, a 14-year-old from Edmonton, Alberta, has won a 13" MacBook Pro.
2nd place: Sameer Pannu a 16-year-old from Brampton, Ontario, has won a 16-GB iPad with Wi-Fi
and a $50 iTunes gift card.
3rd place: Lankesh Patel, a 17-year-old from Brampton, Ontario, has won an 8-GB iPod Touch.
Honourable mention: Isaac Mailach, a 16-year-old from Thornhill, Ontario.
One of the final eight also had an opportunity to win a special
"People's Choice" award: a $50 iTunes gift card to the student whose
video received the most "likes" on YouTube by December 13. The
"People's Choice" was awarded to Tanner Kelly, a 15-year-old from Kingston, Ontario, whose video got 97 "likes" on
The winners were selected by MP James Rajotte, Chair of the House of
Commons Standing Committee on Finance; Michael Hicks, Vice-President
Hyperactive Productions and Ursula Menke, FCAC Commissioner.
All eligible videos were uploaded onto FCAC's YouTube channel, where people had the chance to view, "like" and comment on them.
Altogether, they collected more than 9,000 views, 560 likes and 80
With educational materials and interactive tools, the Financial Consumer Agency of Canada (FCAC) provides objective information about financial products and
services to help Canadians increase their financial knowledge and
confidence in managing their personal finances. FCAC informs consumers
about their rights and responsibilities when dealing with banks and federally regulated trust, loan and
insurance companies. FCAC also makes sure that federally regulated
financial institutions, payment card network operators and external
complaints bodies comply with legislation and industry commitments intended to protect consumers.
You can reach us through FCAC's Consumer Services Centre by calling
toll-free 1-866-461-3222 (TTY: 613-947-7771 or 1-866-914-6097) or by
visiting our website: itpaystoknow.gc.ca.
Follow @FCACan on Twitter
Subscribe to FCACan on YouTube
November is Financial Literacy Month
Like Financial Literacy Month in Canada on Facebook
Join Partnering to Turn Financial Literacy into Action on LinkedIn
SOURCE Financial Consumer Agency of Canada
Image with caption: "Claire Sandercock, 14 years old, has won a 13" MacBook Pro by explaining how she is saving to buy a horse. (CNW Group/Financial Consumer Agency of Canada)". Image available at: http://photos.newswire.ca/images/download/20121214_C9162_PHOTO_EN_21982.jpg
Video with caption: "1st place: Claire Sandercock, 14 years old, has won a 13" MacBook Pro. In her video, she explains how she is saving to buy a horse. She presently is a student at Wisdom Home Schooling in Edmonton, Alberta.". Video available at: http://youtu.be/nhiHfnyi_7U
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