Government Services
June 5, 2007

The following statement was issued by the Honourable Dianne Whalen, Minister of Government Services. It was also read in the House of Assembly:

Provincial Winner of Canadian Securities Administrators�
Financial Fitness Challenge Contest

I am pleased to rise today to announce that Ms. Dana Martin of Queen�s Cove is the provincial winner of the Canadian Securities Administrators� Financial Fitness Challenge Contest. Dana is an 18-year-old high school student who will be attending Memorial University in the fall. Winners from each province and territory will be awarded a $750 prize.

Dana was one of 12,000 young people from across Canada who entered the contest during April to prove their financial fitness knowledge through a series of online questions. The challenge was open to Canadians age 15 to 21 years old. Participants were asked questions and provided information on budgeting, saving and investing and they were encouraged to learn more about smart financial practices through other Web sites.

The success of this contest again this year, shows that our young people are taking more and more interest in their financial knowledge and that is encouraging. Contests such as the Financial Fitness Challenge are designed to raise awareness about positive and healthy financial practices and by targeting young people we are ensuring that, as adults, they will use and follow the responsible investing behaviour they learn now.

Even though the contest is now over, I encourage anyone interested in learning about sound financial practices to visit the Web site www.financialfitnesschallenge.ca for further information. As well, I want to ensure anyone who missed a chance to enter this year�s contest or did not win that the Canadian Securities Administrators will offer the contest again next year. I would encourage all young people to take advantage of that opportunity.

I congratulate Dana for her success and I am sure that all honourable members will join me in wishing her all the best for the future. I am confident that Dana will have a bright future.

2007 06 05                                                   1:50 p.m.

 


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