TD and Junior Achievement Partnership Is Building Financial Literacy for Young
Ongoing support of Junior Achievement's programs extend reach and impact for
thousands of students across Canada
TORONTO, Nov. 27, 2012 /CNW/ - What tools do young people need to become
entrepreneurs and future leaders? That's one of the questions at the heart of
November's Financial Literacy Month. For TD Bank Group and Junior Achievement
of Canada, the answers are simple: provide youth with the digital tools that
today's learners need, and provide access to volunteer mentors that deliver
cutting-edge financial literacy and entrepreneurship programs that prepare and
inspire young people to be financially savvy.
TD has been instrumental in supporting the ongoing development and delivery of
Junior Achievement's programs across Canada for more than 15 years. The most
recent gift of $400,000 will help build an online platform to support the
growth of three major programs - Economics for Success, Dollars with Sense and
Company Program - and thereby increase their reach in homes, classrooms and
communities across the country.
"Thanks to TD's ongoing support, Junior Achievement continues to inspire
today's young people to stay in school, become financially literate and become
the leaders of tomorrow," said Stephen Ashworth, President and CEO (Acting),
Junior Achievement of Canada. "TD has been instrumental in helping develop and
deliver our financial literacy programs. Their recent investment is helping us
move to a digital space for our programs and create a new database that
captures digital extensions for our programs."
TD's investment in Junior Achievement is multiplied by the dedication of more
than 700 TD employees who volunteer their time to deliver financial literacy
programs in middle and high school classrooms across Canada.
"As a large financial institution, TD recognizes that we have a particular
responsibility to help Canadians, especially young Canadians, gain a better
understanding of their finances," said John Tracy, Senior Vice President,
Retail Savings and Investing, TD Bank Group. "We are very proud to support
programs like Junior Achievement and we are especially proud to see that
commitment shared by so many employees who donate their time."
Junior Achievement is the largest youth business education organization in
Canada and plays an important role in developing Canada's future leaders by
providing them with the knowledge and confidence needed to define personal
success, gain financial responsibility and enhance their workforce readiness.
Junior Achievement provides tools and programs that put financial literacy
concepts into practice, so that youth can connect basic economics to their
daily life events. Economics for Success is an interactive program that allows
students to examine their future and explore different opportunities for their
own success. Dollars with Sense gives junior high school students personal
money management skills, challenging them to apply these concepts in their own
life. Company Program - A Student Venture inspires high school students to
understand the role of business in our society by creating an enterprise of
There is no doubt that early behaviour and skill development are essential in
ensuring lifelong financial success. An analysis conducted by the Boston
Consulting Group in 2011 showed that Junior Achievement programs make a
significant impact in the financial literacy of students. Over 75% of Junior
Achievement past participants believe the organization's programs had a
significant impact in developing their financial literacy skills. Achievers
save more, borrow less, and do better financially than the average Canadian.
Please note: TD employees will be at Antoine-Brossard High School delivering
Economics for Success programs on November 27, 2012. Photos of students and
TD volunteers will be made available after the event.
About Junior Achievement of Canada
For more than 58 years, Junior Achievement has inspired and prepared more than
4 million youth to succeed. Junior Achievement programs are developed in
alignment with three pillars: entrepreneurship; financial literacy; and work
readiness. Last year alone, more than 226,000 young Canadians experienced a
Junior Achievement program from over 13,500 committed business mentors.
Through partnerships with both large and small organizations, as well as
individual business leaders, Junior Achievement of Canada is able to inspire
and empower young achievers by providing programs that prepare them for the
workforce, educate on the importance of financial literacy and encourage
youth's entrepreneurial spirit. For more information, visit www.jacan.org.
TD Community Giving
TD Bank Group invests in communities to make a positive impact where it does
business and where our customers, clients and employees live and work. In
2012, TD Bank Group donated over $65 million to support community
organizations in Canada, the United States and the United Kingdom. In Canada,
we focus on Education and Financial Literacy, Creating Opportunities for Young
People, and the Environment. For more information, visit
For more information about financial literacy programs supported by TD, go to
Kristina Fixter Junior Achievement of Canada P: 416-622-4602, ext. 229
Tashlin Hirani TD Bank Group 416-982-3375 firstname.lastname@example.org
SOURCE: Junior Achievement of Canada
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