(Brittany Gervais photo) Iain Acton, branch manager for the Bank of Montreal’s Lakelse location and Martin Loggin, financial services manager give a presentation on financial literacy to students in the ‘Life Skills’ class at Caledonia Secondary School on May 10 as part of an annual intiative.

Bank of Montreal adds financial literacy experience to Caledonia School classes

Two representatives from BMO have been visiting the school for over a year

For the past 18-months, representatives from the Bank of Montreal BMO have been going to Caledonia Secondary School in Terrace to present classes on financial literacy for students.

The sessions are used to explain various financial concepts, including the stock market, budgeting, information about mortgages and saving and investing packages.

“Prior to us coming in it was either the teacher teaching the financial literacy part or the class didn’t exist,” said Iain Acton, branch manager of the Lakelse Avenue location. “We’ve taken on that portion of the class so that the teachers don’t have to teach something they aren’t necessarily an expert on.”

Acton said Kristin Redpath, a teacher at the Caledonia School, reached out to BMO originally and asked if someone could come in and help explain the financial literacy portion of their “Transition to Adulthood” class to students.

He then partnered with Martin Loggin, BMO’s financial services manager, and scheduled three 45-minute presentations each term to students enrolled in the class. After receiving positive feedback, the two were then invited to speak with Monica Strimbold’s class when news about BMO’s involvement spread.

“Financial literacy is not just something learned in high school,” said Acton. “We work with customers every day to help them with their finances, and there are a lot of people who would have loved to have been in a class like this.”

On May 10, Loggin visited the school during a spare block to go over financial literacy to a group of approximately 50 students, returning later with Acton in the afternoon to give a similar presentation to 10 students in Caledonia’s school completion program.

After the presentation, Strimbold said she felt her students were engaged and asked questions throughout. She said she will be inviting Acton and Loggin again for more sessions in the future.

“They were great, I was really impressed with how open they were. They were able to make simple some things that were quite complicated, and they were open to discussion and open to questions,” Strimbold said.

The financial literacy sessions will be continuing for two classes in the fall and spring semester next year with three presentations per class, per semester.



Like us on Facebook and follow us on Twitter

Just Posted

B.C. invests $115M to create 200 new nurse practitioner jobs

Still unclear how many positions will be allocated to Terrace

Terrace Shopping Centre celebrates 50th anniversary

Nine stores were there at the beginning

Local novelist reimagines overthrow of Inca empire

Inca Sunset transports the reader to the Spanish conquest of Peru in 1523

Council approves $24.7M budget

Five-year financial plan approved on May 14

Police release video on how to ‘run, hide, fight’ if there’s an active shooter

Vancouver police offer video with input from E-Comm, BC EHS, Vancouver Fire and Rescue

Study recommends jurors receive more financial and psychological support

Federal justice committee calls for 11 policy changes to mitigate juror stress

Research needed on impact of microplastics on B.C. shellfish industry: study

SFU’s department of biological sciences recommends deeper look into shellfish ingesting microbeads

B.C. dad pens letter urging overhaul of youth health laws after son’s fatal overdose

The Infants Act currently states children under 19 years old may consent to medical treatment on own

Singh sides with B.C. in hornet’s nest of pipeline politics for the NDP

Singh had called for a more thorough environmental review process on the proposal

VIDEO: Campers leave big mess at rural Vancouver Island campsite

Vehicle parts, garbage, a mattress, lawn chairs, beer cans, and even fecal matter left in the area

VIDEO: B.C. woman gets up-close view of Royal wedding

Kelly Samra won a trip back to her home country to see Prince Harry and Meghan Markle say ‘I do’

30 C in B.C., 30 cm of snow expected for eastern Canada

It might be hot in B.C., but the rest of Canada still dealing with cold

Horgan defends fight to both retain and restrict Alberta oil imports

Alberta says pipeline bottlenecks are kneecapping the industry, costing millions of dollars a day

Most Read