Thank you.
In terms of the current activities of banks, as Minister Menzies said, banks already do what the minister noted is a surprising amount of financial literacy initiatives. Some are done collectively through the Canadian Bankers Association. The Bankers Association works with Commissioner Menke's agency, for example, to bring volunteers to high school classrooms to teach about financial concepts. It has a seminar program called “Your Money”. It has done over a thousand of these seminars.
Individual banks have a variety of approaches. One bank, for example, has a program for grants that it gives to organizations delivering financial literacy to low-income or otherwise disadvantaged Canadians. Another has created an iPad application that families can use to teach their children about money. Collectively, the banks sponsor Junior Achievement, which also brings students together to learn about running a business venture, of which financial literacy is an important element, of course, but entrepreneurship is as well.
That said, following the recommendations of the task force, it's the government's hope and expectation that with the appointment of the leader, a variety of organizations will be encouraged to do more and to act in their ensemble more effectively.