Archives

• August 6, 2025

  Escaping debt: The risks and benefits of borrowing

  

  Students will prove their understanding of debt in an escape room, learn about the risks and benefits of borrowing and lending and practise calculating simple interest.

  Content type(s): Lesson plans Subject(s): Financial literacy, Math, Social studies Grade level(s): Grade 06, Grade 07 / Secondary 1, Grade 08 / Secondary 2
• August 5, 2025

  Good as gold? A simple explanation of the gold standard

  By: Graham Iddon

  
  

  

  In an ideal gold standard monetary system, every piece of paper currency represents an amount of gold held by an authority. But in practice, the gold standard system’s rules were extremely and repeatedly bent in the face of economic realities.

  Content type(s): Blog posts Subject(s): Business, Economics, Financial literacy, History Grade level(s): Grade 03, Grade 10 / Secondary 4, Grades 11 and 12 / Secondary 5
• June 2, 2025

  Saving and spending

  

  Students will experience financial goal setting, planning and setbacks. They will plan for a character’s short- and long-term financial goals by using saving and spending strategies.

  Content type(s): Lesson plans Subject(s): Financial literacy, Math, Social studies Grade level(s): Grade 05, Grade 06
• May 22, 2025

  Speculating on the piggy bank

  By: Graham Iddon

  
  

  

  Ever since the first currencies allowed us to store value, we’ve needed a special place to store those shekels, drachmae and pennies. And the piggy bank—whether in pig form or not—has nearly always been there.

  Content type(s): Blog posts Subject(s): Arts, Business, Economics, English language arts, Financial literacy, Geography, Health, History, Math, Science Grade level(s): Grade 09 / Secondary 3, Grade 10 / Secondary 4, Grades 11 and 12 / Secondary 5
• May 16, 2025

  Entrepreneurship: Kids edition

  

  Learn from the experiences of successful young entrepreneurs, then create your own business model and pitch your business.

  Content type(s): Lesson plans Subject(s): Business, Economics, English language arts, Financial literacy, Math Grade level(s): Grade 05, Grade 06, Grade 07 / Secondary 1
• March 28, 2025

  Budgets: Math for life

  

  Students will use math skills to create a budget for a class event or activity.

  Content type(s): Lesson plans Subject(s): Financial literacy, Math Grade level(s): Grade 04, Grade 05, Grade 06
• February 26, 2025

  New acquisitions—2024 edition

  By: David Bergeron, Krista Broeckx

  
  

  

  Bank of Canada Museum’s acquisitions in 2024 highlight the relationships that shape the National Currency Collection.

  Content type(s): Blog posts
• February 11, 2025

  Money’s metaphors

  By: Phillipe Audet-Cayer, Graham Iddon, Patricia Marando

  
  

  

  Buck, broke, greenback, loonie, toonie, dough, flush, gravy train, born with a silver spoon in your mouth… No matter how common the expression for money, many of us haven’t the faintest idea where these terms come from.

  Content type(s): Blog posts
• January 22, 2025

  Value for money: Determining unit price

  

  Grade 4 students will learn how to calculate a product’s unit price and total cost and determine if something is a real deal.

  Content type(s): Lesson plans Subject(s): Financial literacy, Math Grade level(s): Grade 04
• October 11, 2024

  Exploring payment methods

  

  Grade 4 students will learn about different payment methods and how to decide which to use.

  Content type(s): Lesson plans Subject(s): Financial literacy, Math Grade level(s): Grade 04