Financial Literacy Education in Ontario

Beth BrownCurriculum and Assessment Policy BranchMay 8, 2015

Learning GoalsWe are learning how to:•Make connections to financial literacy concepts and skills in the curriculum and discover ways to integrate these ideas into teaching and learning.•Select high impact resources that supports this learning.

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Financial Literacy Highlights Videos

• http://www.edugains.ca/newsite/FinancialLit/elementaryresources/highlightsvideos.html

Vision and Definition• The Vision for Financial Literacy: “Ontario students will have

the skills and knowledge to take responsibility for managing personal financial well-being with confidence, competence, and a compassionate awareness of the world around them” (A Sound Investment: Financial Literacy Education in Ontario Schools, page 4)

• Financial literacy is defined as “having the skills needed to make responsible economic and financial decisions with competence and confidence” (A Sound Investment: Financial Literacy Education in Ontario Schools, page 7)

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Why Teach Financial Literacy?• Ontario students need to be financially literate to make more

informed choices in a complex and fast-changing financial world.

• Financial literacy education provides a critical set of lifelong skills.

• Financial literacy can improve prospects for the success of every child.

• Financial literacy contributes to the development of responsible, engaged, and compassionate citizens.

Scope and Sequence Documents

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• Select one or two curriculum expectations from the scope and sequence document in a grade/or discipline that you are teaching

• Discuss with the others in your group the following points for each expectation:

• What specific knowledge is required for a student to successfully achieve the expectation?

• What specific skills are required?• What connections do you see?

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Curriculum-linked Resources and Support

Other Materials and Supports •Grades 7-8 app (e-Me) in the google play store

•Parent materials on ministry page

Available on EduGAINS•Scope and Sequence documents•Video clips and supporting materials•Additional lesson plans •Webinars to support school leadership

•Subject/Division Associations curriculum-linked resources

•Background Information –memos to the field

•Links to additional resourceshttp://www.edugains.ca/newsite/FinancialLit/index.html

Other resources

• Inspire financial learning.ca http://www.inspirefinanciallearning.ca/

• Federal Consumer Agency of Canada (FCAC) websitehttp://www.fcac-acfc.gc.ca/Eng/resources/

toolsCalculators/Pages/BankingT-OutilsIn.aspx Consumer Protection Ontario• http://www.ontario.ca/consumers/consumer-

protection-ontario

Consolidation

• Take two minutes to write on a stickie what you believe is the most important learning from today’s session to take back to your classrooms.

• Share your thoughts with one person with whom you have not spoken in today’s session.

• Post the stickies on the designated chart paper

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Thank You!Beth.brown@ontario.ca

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