1. 1 Financial Literacy October 2011

2. Financial Literacy NOVEMBER IS FINANCIAL LITERACY MONTH Activities and events that highlight the need for increased financial literacy in Canada Programs, services and tools that help Canadians improve their knowledge, skills and confidence in making the best financial choices for themselves.

3. Surveys indicate that the level of financial literacy among youth is low Students said they would welcome and benefit from more education in this area A Sound Investment (2010) National Survey - Ontario Association for Credit Counselling Services (2008) Financial Literacy

4. 2009 – Financial Literacy for Canadians 2010 – A Sound Investment – Financial Literacy in Ontario Schools: Report

5. Financial Literacy VISION Ontario students will have the skills and knowledge to take responsibility for managing their 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, 2010

6. Financial Literacy Working Definition: What is Financial Literacy? Financial literacy may be defined as “having the knowledge and skills needed to make responsible economic and financial decisions with competence and confidence” A Sound Investment: Financial Literacy Education in Ontario Schools, 2010

7. Topics: understanding needs and wants; consumer protection and consumer awareness; personal financial planning such as budgeting, saving and investing; social, ethical and environmental implications of financial decisions; active citizenship; understanding the economy; planning for the future. Financial Literacy

8. Four main areas: 1.Personal Finance 2.Consumer awareness /protection 3.Economic Connections 4.Civic Mindedness

9. Financial Literacy: Scope and Sequence of Expectations 2 documents: Elementary: Grades 4 - 8 Secondary: Grades 9 - 12 Financial Literacy

12. 2011 – 2012 Awareness year Cross curricular approach: Highlighting Use as a planning tool Identifies where there are explicit expectations and where there are connections As each curriculum document is revised, more explicit expectations will be included Financial Literacy

13. Curriculum Support: Library Learning Resources – reference list for professional development; junior sessions Ministry’s Edugains – videos and lessons Subject Association – writing projects Ontario Teachers’ Federation – lessons Investor Education Fund – resources aligned with Ontario curriculum Bank of Canada’s Counterfeit Detection Kit What Have We Been Doing Financial Literacy

14. Professional Development Pilot groups involved in “flymposia” Teachers trained in “The City” Resource sharing “Scope and Sequence” document – information sessions (elementary and secondary) Demonstration Classrooms What Have We Been Doing Financial Literacy

15. Special Events Funny Money: Over 10,000 senior students have participated Moneyapps: new 2011: over 400 graduating students Financial Literacy What Have We Been Doing

16. Financial Literacy in the Classrooms “Get Involved: a fundraising challenge” (6-8) “Saving and Investment Challenge” (9-10) “Financial Reality Check” (11-12) Banking on Knowledge Grant Program – 110 schools have benefitted What Have We Been Doing Financial Literacy

21. Why? Building financial literacy into all subject areas is key to developing good citizenship, independence and critical consumerism. Teaching & Learning, October 2011 Financial Literacy

22. How? Purposeful planning to reveal the explicit and implicit connections to financial topics or issues in all subject areas and disciplines. Teaching and Learning, October 2011

23. Financial Literacy Steps to Awareness Financial Literacy Month A Sound Investment Scope and Sequence Banking on Knowledge Grants www.edugains.ca