Botwood Student Is Provincial Winner of Financial Fitness Challenge

Seventeen-year-old Tiffany Sceviour of Botwood is this year's provincial winner of the Canadian Securities Administrators' Financial Fitness Challenge. The Grade 12 student at Botwood Collegiate receives a notebook computer for her winning entry.

"I personally congratulate Tiffany on being our provincial winner of the Financial Fitness Challenge," said the Honourable Kevin O'Brien, Minister of Government Services "This is an enormous achievement for Tiffany and the notebook computer will certainly help her as she continues with her studies."

From February 15 to April 15, 2010, the Canadian Securities Administrators (CSA) challenged Canadian youth aged 15 to 21 to test their knowledge of personal finance concepts, including saving and investing, at www.financialfitnesschallenge.ca . Over 39,000 visitors explored the website's educational resources, used interactive tools, and participated in online discussions. In total, 17,305 youth registered on the site to take the challenge and competed for provincial and national prizes.

"It is so important for people to understand the basics of saving and investing and it is especially important that people learn these tools at a young age," said Minister O'Brien. "The Financial Fitness Challenge is a great way for young Canadians, their parents and their teachers to understand and create good financial habits. It is a fun and informative learning tool and I look forward to great participation from this province again next year."

While the Financial Fitness Challenge contest period for 2010 has ended, the educational information and interactive features remain available year-round to youth and teachers who visit www.financialfitnesschallenge.ca . To see more of the CSA's free investor materials for people of all ages, visit www.securities-administrators.ca . 

The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

Photo: On behalf of the Honourable Kevin O'Brien, Minister of Government Services, Clayton Forsey, the MHA for Exploits, presents Financial Fitness Challenge winner, Tiffany Sceviour, with her new notebook computer.

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Media contact:
Vanessa Colman-Sadd
Director of Communications
Department of Government Services
709-729-4860, 682-6593
vanessacolmansadd@gov.nl.ca 

2010 07 07                                                   10:55 a.m.