Financial Literacy 10 (2026 FINAL)
FL10.3
Compare products and services provided by various financial institutions.
Indicators for this outcome
| (a) | Compare various types of financial institutions (e.g., virtual banks, traditional banks, credit unions, alternative lenders). |
| (b) | Identify Indigenous financial institutions and others responsive to various cultures in Canada. |
| (c) | Compare youth, student and adult bank accounts. |
| (d) |
Compare common financial services or products, such as:
|
| (e) |
Compare the costs of financial transactions and services, such as:
|
| (f) | Describe the process and requirements, including personal identification required (e.g., birth certificate, Social Insurance Number [SIN]) for applying for an account at a financial institution. |
| (g) | Explain how to obtain direct deposit information from your financial institution. |
| (h) | Explore how financial advice is provided, including the perspective of the advisor and the intent behind the advice. |
| (i) |
Explore sources for obtaining financial advice, such as:
|
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