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Ontario Chamber of Commerce

Province’s New Education Plan is Crucial Financial Literacy
“Ontario’s financial literacy deficit represents a significant
to Building the Workforce of Tomorrow vulnerability in our economy. Creating mandatory elemen-
tary and secondary-level courses focused on personal finan-
Rocco Rossi, President and CEO of the Ontario Chamber of cial literacy is a positive step in ensuring all Ontarians have
Commerce (OCC), released the following statement mid- the knowledge and skills needed to understand the financial
March in response to the government’s new education plan, structures that create economic growth and personal wealth.
“Education that Works for You.” We hope to see banking system fundamentals, retirement
planning, securities, basic income tax, and other key areas of
“Young Ontarians need to be given the tools and opportuni- focus included in the revised curriculum."
ties they need to successfully navigate the labour market and
economy. We have urged the government to take action in Broadband Access
promoting the skilled trades and STEM as viable career op- “Broadband access is extremely important to our members as
tions for young people, developing a comprehensive finan- well as to ensure our schools have access to the infrastructure
cial literacy curriculum, and expanding broadband access. We they need to succeed. We cannot build an economy of the 21st
welcome today’s announcement of initial steps to further help century on dial-up.”
prepare our youth to contribute to the future of the province.”
About the Ontario Chamber of Commerce
Skilled Trades and STEM For more than a century, the Ontario Chamber of Commerce (OCC) has been
“Our 2019 Business Confidence Survey revealed 75% of re- the independent, non-partisan voice of Ontario business. The OCC’s mission
spondents believe the ability to recruit and retain talent is is to support economic growth in Ontario by defending business priorities at
critical to business competitiveness. Recruitment efforts are Queen’s Park on behalf of its network’s diverse 60,000 members.
often stifled by a supply/demand mismatch, driven in part by
a deficit in areas such as skilled trades, design, communica-
tion, and STEM. Promoting these skills among young people
will help to address the skills mismatch and build a stronger
Ontario.”

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20 www.cambridgechamber.com
Spring 2019