Financial Literacy in Ontario Elementary Schools: A Quick Overview
Provide a brief overview of Financial Literacy Education in Ontario elementary schools, highlighting Ontario’s vision, approach and resources available for educators.
Financial Literacy in Ontario Elementary Schools: Highlights for Educators
Provide an overview of Financial Literacy Education in Ontario, including a comprehensive overview of the video resources now available.
Subject-Division Associations Elementary Resources
Subject and Division Associations have developed learning resources to demonstrate connections between financial literacy knowledge and skills and various curriculum expectations. The links below will take you directly to the financial literacy resources posted on the subject/division association websites.
A resource document has been created to embed financial literacy concepts in elementary Family Life Education (grades 4 to 8). This resource includes a comprehensive introduction, three lesson plans per grade, and a Scope and Sequence of Expectations showing connections between financial literacy education and the Family Life Education and the Religious Education Ontario Catholic Curriculum Policy Documents.
Council of Ontario Drama and Dance Educators (CODE)
CODE developed resources to support financial literacy through the Dance and Drama curriculum from grades 4-12. Elementary lessons integrate other curriculum areas such as Language, Social Studies and Mathematics.
ESL/ELD Resource Group of Ontario (ERGO)
The Making Good Choices Financial Literacy Series was created by a project team comprised of ESL/ELD Teachers in Ontario and lead by the ESL/ELD Resource Group of Ontario (ERGO) subject association. The series includes several levelled texts created for English Language Learners in ELD Programs. The texts are intended to teach both emergent literacy skills and foundational numeracy skills. Each levelled text is accompanied by a guided reading lesson plan, running record, and other supporting resources.
International Language Educators’ Association (ILEA)
ILEA developed a resource package which can act as a springboard for teachers of any language program who want to incorporate financial literacy within the language skills and knowledge as students develop listening, speaking, reading and writing skills. All lesson plans are written in English and student resources are translated into French, Spanish, German, Arabic, and Simplified Chinese.
Ontario Association for Mathematics Education (OAME)
Ontario Association for Mathematics Education OAME has developed lessons to support financial literacy that encompass mathematics curriculum expectations for Grades 4-12. Also available for selected grades are: SMART Notebook files and Professional Learning Series and Adobe Presenters to provide an orientation to the resources.
Ontario Association of Junior Educators (OAJE)
In partnership, OESSTA and OAJE have developed resources to support the integration of financial literacy concepts in the Social Studies, History and Geography curriculum for grades 4-8.
Ontario Modern Language Teachers’ Association (OMLTA)
OMLTA has developed several lessons that integrate financial literacy knowledge, skills, and vocabulary in Core French courses for Grades 4-12. The lessons address a range of topics related to financial literacy including needs and wants, budgeting, and planning for the future. Supports for International Languages Levels 1, 2, 3 and 4 are also provided.
Ontario Music Educators’ Association (OMEA)
OMEA has developed a series of lessons which make connections between the Grade 7-10 Music curriculum and financial literacy skills and knowledge. The lessons address a range of issues including careers in the recording industry, music event planning, and the cost of buying and repairing instruments.
Ontario Physical and Health Educators’ Association (OPHEA)
Click here to view OPHEA’s webinar Making Cents of the Elementary Health and Physical Education Curriculum. In this webinar participants explored ways to integrate financial literacy skills and knowledge within the elementary Health and Physical Education curriculum, grades 4-8. Financial literacy skills are integrated with the living skills and Healthy Living strand in the Health and Physical Education curriculum.
Ontario School Library Association (OSLA)
This website, developed by OSLA, features interactive lesson plans which can be used in a variety of curriculum areas from grades 7 to 12 including: Business Studies (Finance, Digital Literacy, Productivity Software), Mathematics (Linear Relations), Social Sciences & Humanities (Research and Inquiry Skills), and English (Media Studies).
Science Teachers’ Association of Ontario (STAO)
STAO has developed a 3 lesson series connecting Science expectations to financial literacy. The lessons focus on the following strands: Grade 6: Matter and Energy – Electricity and Electrical Devices, Grade 7: Earth and Space Systems – Heat in the Environment and Grade 9 (Applied/Academic): Physics – The Characteristics and Applications of Electricity.
To support the development of further resources, the Council of Ontario Drama and Dance Educators have developed A Guide to Curriculum Resource Writing Projects.
Other Relevant Links
Canadian Bankers Association
Provides financial literacy resources and tools for students, parents, teachers, and seniors on a variety of topics, such as fraud prevention and tips for saving.
Canadian Revenue Agency
Provides resources and tools to support teaching taxes and responsible citizenship.
Financial Consumer Agency of Canada
Promotes financial education and raises consumers’ awareness of their rights and responsibilities.
Federal Taskforce on Financial Literacy
Provides information on the Federal Task Force’s report to the Federal Government advocating for the creation of a national strategy on financial learning and literacy for Canadians.
Get Smarter About Money
Provides information, tools, quizzes and games to help parents and students make better financial decisions in different areas of life.
Organization for Economic Cooperation and Development (OECD)
International Gateway for Financial Education
Includes research and reports on financial literacy to promote policies that will improve the economic and social well-being of people around the world.
OTF’s Inspire Financial Learning
Supports teachers, students, parents and guardians with tools and strategies to help them navigate the complex world of finances and make responsible financial choices.