Updated: Mon Nov. 02 2009 17:24:43
The Canadian Press
TORONTO — Ontario students will soon be able to graduate with a little more knowledge to help them navigate the financial world.
Education Minister Kathleen Wynne has rolled out a plan to introduce financial literacy into the school curriculum
Starting in September 2011, Grade 4 to 12 students in Ontario will learn how to use and manage money.
Wynne says in a statement that the global economic challenges of the last year highlight the need for a financially literate population.
A working group will consult with the education and financial sectors on how best to implement the plan.
It will report back to the ministry with its findings by mid-2010.
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bcottawa
And who is teaching the government about finances and fiscal responsibility?
John
It is about time someone in power thought about this. When I went to school I took so many courses that had no practicality in life. Now that my son is going through High School, is the same curriculum.
Schools should teach all kids the basics of the Canadian life, such as: Paying your taxes, how mortgages works, how will you be affected by a divorce and if you end up paying child support (it doesn’t stop when the “child” reaches 18 years old). I remember taking course called: World Issues, what a waste of time.
What about if you teach kids what will happen if they get married and then divorce. Teach them about the benefits of pre-nups and what Section 7 will do to their life if they have kids (from a divorce); and the powers of the Family Responsibility Office, etc...
Teach the kids things that are real and that will affect them in real life.
