For Immediate Release
March 1, 2006

Launch of “Test Your Financial IQ” Contest

MontrealClose to 70,000 young people will be invited to take part in the Test Your Financial IQ contest, a unique on-line quiz sponsored by the Canadian Securities Administrators (CSA) between March 1, 2006, and March 31, 2006, to learn about the importance of saving and investing money for their future.

Last year was the first time the quiz was available in the on-line format. The response rate that we received was phenomenal. A total of 20,000 youth ages 15 to 21 participated and registered to win. This tells us that young people have a thirst for learning about saving and investing information, said Jean St-Gelais, Chair of the CSA.

The quiz, which is available at, features questions and facts about budgeting, saving and investing in a format that will appeal to students. Thirteen entries, one from each province and territory, will be randomly selected from eligible quiz participants to win a $750 cash award.

Teachers are encouraged to use the TYFIQ quiz as a fun and informative learning tool. They can also download  teachers resource materials off the web site at Teachers may  enter a contest for a chance to win a prize worth $100. The learning tools are entertaining and instructional, said Mr. St-Gelais. I strongly urge teachers to use them.

The CSA, the council of the securities regulators of Canada s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

Their mandate is to protect investors from unfair or fraudulent practices through regulation of the securities industry. Part of the protection is educating investors about the risks, responsibilities and rewards of investing.

British Columbia Securities Commission
Andrew Poon
1-800-373-6393 (B.C. & Alberta only)

Alberta Securities Commission
Lorinda Brinton
1-877-355-0585 (toll-free in Canada)

Manitoba Securities Commission
Ainsley Cunningham
1-800-655-5244 (Manitoba only)

Ontario Securities Commission
Perry Quinton
1-877-785-1555 (toll-free in Canada)

Autorité des marchés financiers (AMF)
Philippe Roy
1-800-361-5072 (Québec only)

New Brunswick Securities Commission
Pierre Thibodeau
1-866-933-2222 (New Brunswick only)

Nova Scotia Securities Commission
Chris Pottie

Department of Government Services
Financial Services Regulation Division
John Corcoran
709 729 2623

Northwest Territories Registrar of Securities
Gary MacDougall

Prince Edward Island Office of the Attorney General
Marc Gallant

Saskatchewan Financial Services Commission
Patti Pacholek
(306) 787-5871

Yukon Registrar of Securities
Richard Roberts
(867) 667-5225

Nunavut Securities Registry
Gary Crowe
(867) 975-6190