We want to acknowledge the government's delivery of the first home savings account. Questrade was the first to market this product. We saw first-hand the unprecedented level of interest from younger Canadians and the desire for our related educational information. In August 2023, a Leger survey found that 95% of Canadians viewed rising rental costs and housing affordability as significant issues, making them fearful about their futures.
Knowledge is power. Our fourth and final recommendation is that budget 2024 allocate adequate resources to the Financial Consumer Agency of Canada, so that FCAC can engage ecosystem stakeholders and codesign, promote and increase their delivery of objective and timely financial literacy programs to all Canadians.
Challenging times call for ongoing efforts to support Canadians. We remain committed to working with the committee to ensure that Canadians benefit from the recommendations we are providing today.
Mr. Chairman and committee members, thank you.