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Media Advisory: BMO Hosts Media Conference Call to Discuss the Importance of Financial Literacy Among Canada's Youth

- Media panel to reveal latest survey findings about Financial Literacy in Canada

- Experts will discuss the role of parents, schools, government and financial institutions in teaching children about money

TORONTO, ONTARIO--(Marketwired - April 11, 2013) - BMO will host a media conference call on Tuesday, April 16, 2013 to discuss a variety of issues related to financial literacy among young Canadians. The discussion comes in advance of the inaugural Talk With Our Kids About Money Day - a new financial literacy program being launched by The Canadian Foundation for Economic Education (CFEE) in partnership with BMO Financial Group. The findings from a new BMO study on the topic will also be revealed.

The Talk With Our Kids About Money Day program, to be launched on April 17, 2013, is designed to help young Canadians learn more about money and personal finances. The initiative features both a "Home Program" for families and a "School Program" for students and teachers.

The conference call will include experts from BMO and CFEE - including BMO's L. Jacques Ménard, Vice-Chair of the Task Force on Financial Literacy - as well as Alyson Schafer, best-selling author and one of Canada's leading parenting experts.

The panel will provide insights into the following topics:

  • Canadians' attitudes towards the importance of financial literacy
  • Challenges and opportunities around financial education
  • Why it is significant to begin learning about money at a young age
  • What needs to be done to improve financial literacy among youth, and how parents, schools, governments, financial institutions and other organizations can play a role
  • How early children should begin learning the basics of investing, and the steps parents can to take to ensure their children become successful investors in the future
WHAT: Expert media panel to discuss youth financial literacy in Canada
WHO: L. Jacques Ménard, Chairman of BMO Nesbitt Burns and Vice-Chair of the Task Force on Financial Literacy
Serge Pépin, Vice President, Investment Strategy, BMO Asset Management
Gary Rabbior, President, CFEE
Alyson Schafer, Psychotherapist and Parenting Expert
WHEN: Tuesday, April 16, 2013 between 10:30 a.m. and 11:30 a.m. ET
WHY: To kick-off the new financial literacy initiative, Talk With Our Kids About Money Day
DIAL-IN: 416-695-6277 / 1-866-696-5910
PASSCODE: 1575560

If you have any questions or to confirm attendance, please contact BMO Media Relations at 416-867-3996.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $542 billion as at January 31, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.

For further information:
Media Contacts:
Jessica Park, Toronto
416-867-3996
jessica1.park@bmo.com

Valerie Doucet, Montreal
514-877-8224
valerie.doucet@bmo.com

Laurie Grant, Vancouver
604-665-7596
laurie.grant@bmo.com

Internet: www.bmo.com
Twitter: @BMOmedia