Financial Literacy 20, 30

(a)	Investigate different types of pension plans (e.g., Canada Pension Plan (CPP), Old Age Security (OAS) program, Saskatchewan Pension Plan (SPP), group and private).
(b)	Discuss the risks and rewards associated with various types of pension plans.
(c)	Research approaches for investing in pension funds commonly used at different life stages (i.e., adolescence, early adulthood, middle adulthood and later adulthood).
(d)	Explain processes for contributing to a variety of pension plans.
(e)	Compare the features of “defined contribution,” “defined benefit” and “target benefit” pension plans.
(f)	Identify and verify CPP and other pension deductions and contributions on a variety of pay stubs.
(g)	Discuss the role of a Registered Retirement Savings Plan (RRSP) in contributing to one’s retirement income.
(h)	Discuss the role of a Tax-Free Savings Account (TFSA) in retirement planning.
(i)	Explore how various perspectives (e.g., cultural, religious and community) affect one’s retirement planning.
(j)	Discuss the future of pension plans and the resulting impact on retirement planning given factors such as people living longer, increasing health costs and the sustainability of pension plans such as CPP.
(k)	Compare potential earnings on retirement funds when one starts saving for retirement at varying ages (e.g., 20, 30, 45 and 50).
(l)	Debate the question, ‘Should I be debt free when I retire?’
(m)	Design a spending plan that includes planned retirement savings or investments.

← FINL18

FINL20 →

Resources

R009210

Personal Finance for Canadians(6th ed.)

This book encompasses many topics to assist with organizing finances. Topics include spending less, saving more, building wealth and protecting your wealth. It contains tips, facts and tables to further explain the concepts presented. There are also sections on financial goal setting, understanding investment and insurance choices, and selecting a financial planner. There is a table of contents and an index to help locate specific content.

Media and Formats : Book

Price : $19.99

Record posted/updated: February 8, 2022

R007555

Money and Youth: A Guide to Financial Literacy

This Canadian resource supports the Financial Literacy curriculum and provides information at a suitable introductory level. The resource is organized under six headings for a total of 15 modules.

Topics covered:

Goals, Values and Decision-making
Getting and Earning Money
Spending Money and Taking Control
Borrowing Money and Using Credit
Saving and Investing Money
Protecting Assets and Planning for the Future.

The resource includes:

Student Guide, English or French, free online PDF version or hard copies can be ordered at a minimal fee
Teacher's Guide, English or French, free online version

(More information)

Links :

Money and Youth

Media and Formats : Book Document

Price : Free PDF or print copies at a minimal fee.

Record posted/updated: May 5, 2025

R104137

Enriched Academy

This online portal with Canadian content is accessible through a paid subscription. It delivers a series of over 60 sequenced video lessons and more than 150 quizzes and assessments on topics related to financial literacy. It includes an interactive online platform, webinars, calculators and tools for students to use to learn more on topics such as credit, saving for retirement, the stock market, TFSA, RRSP and taxes, money myths and careers.

Links :

Website

Media and Formats : Website

Price : Free

Record posted/updated: February 8, 2022

R105125

Personal Finance(9th Canadian ed.)

This Canadian textbook is divided into five parts:

Planning Your Personal Finances
Managing Your Personal Finances
Insuring Your Assets
Investing Your Financial Resources
Controlling Your Financial Future

The resource contains case studies, concept checks, assignments and assessment examples.

There are four purchase options:

eBook
- eBook only (online version of textbook)
Connect
- eBook, homework, adaptive assignments and study tools
Connect and print text
- eBook, homework, adaptive assignments and study tools
- printed textbook
Print text
- printed textbook only

(More information)

Links :

McGraw Hill Website

Media and Formats : Book

Price : See website

Record posted/updated: January 17, 2025

R105298

Indigenous Peoples' Money and Youth: A Guide to Financial Literacy

The Indigenous Edition of Money and Youth builds on the original resource from the Canadian Foundation for Economic Education, CFEE. Damon Johnston, President of the Aboriginal Council of Winnipeg, provided guidance rooted in traditional teachings and the Seven Sacred Laws. Vanessa Everett, CEO of Economic Development with the Keewatin Tribal Council, adapted the original version by Gary Rabbior of CFEE. Input from respected individuals across Turtle Island also helped shape this edition.

Topics covered:

Goals, Values and Decision-making
Getting and Earning Money
Spending Money and Taking Control
Borrowing Money and Using Credit
Saving and Investing Money
Protecting Assets and Planning for the Future.

The resource includes:

Student Guide, English, free online PDF version or hard copies can be ordered at a minimal fee
Teacher's Guide, English, free online version

(More information)

Links :

Indigenous Peoples' Money and Youth

Media and Formats : Book Document

Price : Free PDF or print copies at a minimal fee.

Record posted/updated: May 7, 2025