Ontario curriculum: Financial literacy new high school requirement [Video]

The Ontario government says that financial literacy and greater exposure to “priority economic sector” career options will be part of an “overhauling” of high school programs and requirements over the next two years.

“It’s critical that students know how to create and manage a budget to save for a home of their retirement and how to protect themselves from financial fraud,” Minister of Education Stephen Lecce said at an announcement at the Toronto Stock Exchange Thursday. “Too many parents and employers and students themselves tell me that young people are graduating without the sufficient financial literacy or those basic life skills.”

He said financial literacy and home economics will be part of a “back-to-basics” approach in the classroom.

“By elevating life skills in the classroom, along with better career education and higher math standards on educators, we are setting up every student for life-long success. Our bottom line: ensuring students graduate with practical learning that leads …