Briefly: “Ontario to boost financial literacy” and more news
November 03, 2009 |
Staff
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Ontario Education Minister Kathleen Wynne has announced plans to introduce financial literacy into the province’s school curriculum.
Beginning September 2011, Grade 4 to 12 students in Ontario will learn how to use and manage money.
The challenges faced by the global economic system over the past year highlight the need for a financially literate population, Wynne said in a statement.
A working group will consult with the education and financial sectors and will report back to the ministry with its findings by mid-2010.
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Saskatchewan Teachers' Federation appoints State Street
State Street Corp. has been appointed by the Saskatchewan Teachers’ Federation to provide a range of investment services for $2.2 billion in pension and group benefits fund assets. The firm will provide custody, fund accounting and securities lending services to the federation.
“State Street’s proven track record of delivering superior service with advanced technology was the critical factor in our decision,” says Gwen Dueck, general secretary of the Saskatchewan Teachers’ Federation. “Efficient, cost-effective servicing is vital to the operations of our pension, disability and health benefits funds, and we look forward to a long and productive relationship with State Street.”
“We are delighted to be awarded this mandate by the Saskatchewan Teachers’ Federation,” says Kevin Drynan, president of State Street Trust Company Canada. “This appointment reflects our long-standing commitment to delivering state-of-the-art technology and superior service to our public funds customers.”
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