This profile is dedicated to the memory of Peter Nares, who passed away in April 2016.
Peter helped Canada’s poor develop greater financial literacy while learning how to save and build assets. SEDI developed the nationwide pilot program learn$ave, which used a matching savings system to help low-income earners save for post-secondary education, job skills training and self-employment. In 2008, SEDI launched the Canadian Centre for Financial Literacy, which develops financial literacy among low-income Canadians. A year later, the federal budget adopted a measure suggested by SEDI to create a financial literacy task force that made recommendations to the minister of finance regarding a national strategy for financial literacy.