In February 2009 Social and Enterprise Development Innovations (SEDI) was contracted by the Alberta Ministry of Employment and Immigration (AE&I) to undertake research related to two key strategic policy tasks: To collect information that will support the Ministry in determining the efficacy of financial literacy as a skill set that could increase the self sufficiency of low‐ income Albertans; and, to provide the Ministry with recommendations on how financial literacy supports and services can meet the needs of low income Albertans, including those receiving Income Support (IS). The researchers employed a range of methods to secure the data needed for analysis and recommendations.
Financial Literacy around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward