Frontier College Applauds New Literacy Report from TD Bank: Helping Newcomers
Unlock Their Potential
"Literacy is the key to success and we congratulate TD Bank Financial Group for its leadership in promoting literacy for the well being of both newcomers and
In Helping Newcomers Unlock Their Potential, TD Bank Financial Group reports: - The economic well-being of immigrants has declined over the past 25 years - Immigrants who arrived between 2001 and 2005 currently experience an unemployment rate of 11.5 per cent that's costing Canada billions of dollars in lost opportunities - Today 35 per cent of immigrant families live in poverty versus 25 per cent in 1980. - Low literacy levels are part of the problem - 6 in 10 newcomers have less than the desired level of literacy to succeed in a modern knowledge-based economy - "Increased literacy skills lead to higher employment, higher income and better jobs" (p.11)
The report calls upon governments to make a greater effort to evaluate existing literacy programs, as well as making investments in data collection and the compilation of literacy program statistics a priority. Businesses are urged to champion literacy by hiring more newcomers, as well as conduct in-house literacy skills upgrading.
2009 marks Frontier College's 110th year of helping people improve their literacy skills to realize their potential and seize the opportunities that come their way. Literacy is an essential skill in today's world. At Frontier College we believe it's a fundamental right. Low literacy skills are directly linked to poverty, poor health and high unemployment. Working with partners, Frontier College is at the forefront of community efforts to strengthen people's literacy skills to build stronger communities. For more information on Frontier College and its 110th anniversary exhibition at Pier 21, visit: www.frontiercollege.ca.
For further information: Frank Clarke, Media Relations, Frontier College, (416) 923-3591 or 1-800-555-6523 ext. 308, Mobile: (647) 235-9974, [email protected]
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