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:

  • chequing and savings accounts;
  • debit and credit cards;
  • telephone banking;
  • mobile and online banking;
  • Automated Teller Machine (ATM) banking; and,
  • digital wallets.
(e)

Compare the costs of financial transactions and services, such as:

  • account maintenance (e.g., monthly account fees, minimum balance fees);
  • transaction-related fees (e.g., debit purchases, vending machine purchases, transfers, Interac e-Transfers, stop payments);
  • statements and recordkeeping (e.g., paper statements);
  • ATM fees (e.g., bank ATM, non-bank ATM, debit card, credit card [cash advance]); and,
  • penalty fees (e.g., Non-Sufficient Funds [NSF], overdraft).
(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:

  • financial institutions;
  • investment advisors;
  • robo advisors;
  • social media;
  • friends/family;
  • online investment platforms;
  • financial books;
  • seminars and workshops;
  • online forums/communities;
  • financial news media;
  • government sources; and,
  • independent research.
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R105122
Balancing Finances and Mental Health: Video (30 minutes)

Through an animated story, real-life interview and slides that present relevant facts, this 30-minute video explains the connection between mental health and personal finances. 

Story summary:

Follow Maxine and her friends, Andrew and Yuvraj, as they discover how being cost-conscious and developing positive spending habits can be beneficial to one’s mental health.

Rather fortuitously, Maxine, who just that evening received a dreaded "insufficient funds" message while attempting to buy dinner for her friends, comes across and downloads a personal finance management app called "Blue Skies".

Our trio of characters then receive and learn from the actionable advice of our "real-world" host of the app and apply it to their everyday life in an animated world.

Video sections:

  • 00:00          Introduction
  • 01:56          Impact of finances
  • 06:00          Finding help
  • 12:46          Connection between finances and mental health
  • 15:40          Responsible financial decisions
  • 24:47          Budgeting
(More information)
Media and Formats : Video
Price : Free
free
canadiancontent
saskatchewancontent
Record posted/updated: May 8, 2026
R105172
Canadian Bankers Association: Website

This website contains important information on the Canadian banking system. 

Here are some examples:

  • Banking basics focus sheets on various financial topics, including:
    • Credit cards: Use and benefits
    • Protection against fraud and scams
    • Alternatives to payday loans
    • Banking sector services for Indigenous Peoples
    • Opening a bank account
    • Representation of women at banks in Canada
  • Your Money Students program:
    • A free financial education seminar for Canadian high school students delivered in-class by bankers who volunteer their time in their communities.
    • Lifestyle Reality Check: Interactive budgeting online app
  • Canadian bank milestones: An infographic timeline of banking history in Canada
  • Current Canadian banking statistics
(More information)
Media and Formats : Website
Price : Free
free
canadiancontent
saskatchewancontent
fnmicontent
Record posted/updated: May 8, 2026
R105297
Canadian Foundation for Economic Education: CFEE

The Canadian Foundation for Economic Education (CFEE) is a non-profit, non-partisan organization, founded in 1974, that works to improve economic, financial, and enterprising capability.      

Here are some resources that support Financial Literacy 10:

  • Building Futures in Saskatchewan
    • Lists the CFEE resources for each outcome of Financial Literacy 10
  • Money Laughs
    • 10 vignettes
    • Just For Laughs Gags mime style
    • Includes "Money Tips"
    • Teacher Guide
  • Cash Class
    • Short animated video for each outcome
(More information)
Media and Formats : Website
Price : Free
free
canadiancontent
Record posted/updated: May 8, 2026
R105120
Financial Basics

Financial Basics is a resource to help students learn about budgeting, saving, credit, investing, fraud prevention and financial planning.

The resource includes:

  • Presenter's Manual (Teacher Guide), 64 pages, English or French, online PDF or print.
  • Participants' Handbook (Student Guide), 47 pages, English or French, online PDF or print.
  • Presentation slides (PowerPoint format), 98 slides, English or French.
  • E-learning Videos, 8 videos, one video for each module, English or French.

Description of modules:

  • Module 1 - Introduction
  • Module 2 - Budgeting
  • Module 3 - Managing Your Cost of Living - Being a Smart Consumer
  • Module 4 - Credit and Debt Management
  • Module 5 - Saving and Investing
  • Module 6 - Setting Financial Goals
  • Module 7 - Protect Yourself
  • Module 8 - Summary and Wrap-up
(More information)
Media and Formats : Book Document
Price : Free
free
canadiancontent
Record posted/updated: May 8, 2026
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)
Media and Formats : Book Document
Price : Free PDF or print copies at a minimal fee.
Record posted/updated: May 8, 2026
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)
Media and Formats : Book Document
Price : Free PDF or print copies at a minimal fee.
Record posted/updated: May 8, 2026
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)
Media and Formats : Book
Price : See website
canadiancontent
Record posted/updated: May 8, 2026
R105170
Sask Money: Growing Financial Literacy Skills Across Saskatchewan

SaskMoney is a website that has been created by the Saskatoon Industry Education Council (SIEC) to support Saskatchewan educators in implementing financial literacy curricula. The website provides a variety of activities and resources to increase students’ financial literacy skills.

The website includes:

  • Online and printable teacher guides for Financial Literacy 10 outcomes and Financial Literacy 20, 30 modules that contain the following sections:
    • Overview
    • Suggested time
    • Suggested activities
    • Resources
    • Assessment
  • Student Sask Money Minute project overview
  • Sask Money Minute videos on various subjects, including:
    • Budgeting
    • Saving
    • Spending
    • Borrowing
  • Money Fair project overview
(More information)
Media and Formats : Website
Price : Free
free
canadiancontent
saskatchewancontent
fnmicontent
Record posted/updated: May 8, 2026