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Simon Fraser University Wins National Championship for Empowering At-Risk Youth Through Financial Education

May 3, 2016 at 3:56 PM EDT

TORONTO, ONTARIO (May 3, 2016) – Simon Fraser University has been named the 2016 Capital  One® Financial Education Challenge National Champion by this  country’s largest student leadership development organization, Enactus Canada,  and proud supporter Capital One® Canada. The national competition  took place at the 2016 Enactus Canada National Exposition in Toronto.

Enactus Simon Fraser University directly impacted 41  people and increased their financial assets by over $40,000 through their  project, Count on Me. Count on Me is a nine week workshop program that covers  topics like budgeting, goal-setting, banking and job building skills for  at-risk youth and other community groups.

“The  caliber of financial literacy programs and the young leaders who deliver them  through the Capital One Financial Education Challenge continue to impress me  year after year,” said Shane Holdaway, President of Capital One Canada. “I want  to congratulate Enactus Simon Fraser University for being this year’s champion  and for their commitment to helping Canadians turn their goals and dreams into  reality by improving their financial literacy skills.”

The Capital  One® Financial Education Challenge is a national competition  empowering post-secondary students to develop and deliver projects that will educate Canadians on how to make informed and  positive financial decisions that will ultimately improve their quality of  life.  The Enactus team from Simon  Fraser University embodied the values of financial education to win this  challenge by directly impacting 41 individual lives.

“Financial education is vital for  strengthening communities across the country and Enactus Simon Fraser  University is making these skills available to at-risk youth,” said Nicole  Almond, Enactus Canada president. “The results of their engaging and effective  project are undeniable and have positively impacted at-risk youth through  financial literacy skill development.”

The 2016 Enactus Canada National  Exposition welcomed 1,500 delegates including the country’s brightest  university and college students, academic professionals and top Canadian CEOs  supporting entrepreneurial action through competition, recognition and  education.

For news throughout the year and competition  results during the event, please visit @Enactus_Canada on Twitter.

ABOUT  ENACTUS CANADA: Enactus Canada, this country’s largest student  leadership development organization, is shaping generations of  entrepreneurial leaders who are passionate about advancing the economic, social  and environmental health of Canada. Guided  by academic advisors and business experts, more than 2,650 entrepreneurial  post-secondary students led 288 community empowerment projects and business  ventures this past year in communities coast to coast. As a global network of 36 countries, Enactus uses the power of  entrepreneurial action to transform lives and shape a better, more sustainable  world. For more information, visit enactus.ca.

About Capital One: With offices in Toronto, Kitchener-Waterloo and Montreal,  Capital One Canada has been offering Canadian consumers a range of competitive  MasterCard credit cards since 1996.  We challenge ourselves to see the  world through the eyes of our customers, so we can deliver the market leading  credit products and exceptional service they’re looking for.  Capital One Canada is a division of Capital  One Bank, a subsidiary of Capital One Financial Corporation of McLean, Virginia  (NYSE: COF).  Capital One is committed to  investing in youth in our communities through program investment and the skills  and dedication of our talented associates. To learn more, visit www.captialone.ca/enactus

Media inquiries:

Jody Lundrigan
Enactus Canada
jody@enactus.ca
(416) 346-0131

Meghan Edwards
North Strategic (for Enactus Canada)
Meghan.edwards@northstrategic.com
(416) 300-5720