Quebec Financial Education Standards Helpful Learning Materials

Quebec Financial Education Curriculum Alignment

To support Quebec educators delivering Secondary V Financial Education (Éducation financière), we have aligned our learning materials to the Learning to Be Acquired knowledge statements across the three financial issues in the Ministère de l’Éducation’s Financial Education Québec Education Program guide.

Explore the table below to see how our lessons, Budget Game, and Stock Game reinforce each knowledge statement—across consuming goods and services, entering the workforce, and pursuing an education. Our Learning Library contains over 300 total lessons that can be customized for every class, so this may not include every lesson that may apply for each standard.

Legend:

Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment

Standard	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Financial Issue: Consuming Goods and Services
1. Consumption	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
1A. Indicates factors that influence consumer choices (e.g. age, gender, income)	Lesson – Break Free From Money Stress with a Budget Lesson – Achieve Financial Goals with a Spending Plan
1B. Indicates some of the reasons why consumer habits may change (e.g. socioeconomic context, new technologies, peer pressure, personal values)	Lesson – Why You Buy What You Buy Lesson – Achieve Financial Goals with a Spending Plan
1C. Names resources that provide information or points of view on goods and services (e.g. websites, discussion forums, specialized magazines, public affairs programs)	Lesson – Evaluating Big-Ticket Purchases
1D. Indicates how the price-setting process is determined: according to the principle of supply and demand	Lesson – Supply and Demand Examples in the Stock Market
1E. Names fixed expenses and variable expenses (e.g. housing and insurance, food and recreational activities)	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – Achieve Financial Goals with a Spending Plan
1F. Indicates some of the reasons that the government imposes taxes (e.g. to fund public services, to redistribute incomes)	Lesson – The Basics of Filing Taxes in Canada
1G. Names consumption taxes (e.g. goods and services tax [GST], Quebec sales tax [QST], excise tax)	Lesson – The Basics of Filing Taxes in Canada Lesson – How Canadian Taxes Impact Your Personal Finances
1H. Names goods and services not subject to the GST and QST (e.g. books [exempted from the QST only], prescription drugs, basic groceries, educational services, medical and dental services)	Lesson – The Basics of Filing Taxes in Canada Lesson – How Canadian Taxes Impact Your Personal Finances
1I. Indicates the elements to be considered in drawing up a budget: income, expenses	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – Achieve Financial Goals with a Spending Plan
2. Rights, Responsibilities and Remedies	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
2A. Indicates some consumer rights (e.g. insisting on the enforcement of the Price Accuracy Policy, making sure that guarantees are upheld)	Lesson – Protect Yourself as a Consumer Lesson – The 6 Elements of a Binding Contract
2B. Indicates some consumer responsibilities (e.g. protecting personal information, complying with the terms of a contract, filing away bills and proofs of purchase)	Lesson – Protect Yourself as a Consumer Lesson – How to Spot a Scam in Canada Lesson – The 6 Elements of a Binding Contract
2C. Indicates areas governed by the laws in force in Quebec (e.g. goods and services contracts, credit contracts, guarantees, business practices in Quebec, purchases made from an itinerant merchant)	Lesson – Protect Yourself as a Consumer
2D. Describes the role of organizations able to inform consumers about their rights and obligations (e.g. the role of the Office de la protection du consommateur is to inform consumers about their rights and responsibilities; the role of the Regie du logement is to inform landlords and tenants about their rights and responsibilities and to resolve disputes regarding residential leases; the role of consumer associations is to inform consumers about their rights and responsibilities)	Lesson – Protect Yourself as a Consumer
2E. Indicates remedies made available to consumers and merchants so that they can assert their rights (e.g. customer service departments, ombudsman, issuing a formal notice, Small Claims Court)	Lesson – Protect Yourself as a Consumer Lesson – The 6 Elements of a Binding Contract
2F. Indicates one of the main rights of a merchant: determining exchange and refund policies	Lesson – Protect Yourself as a Consumer
2G. Indicates some of the responsibilities of a merchant (e.g. complying with established exchange and refund policies as well as upholding existing guarantees, displaying prices or enforcing the Price Accuracy Policy, assuring the consumer that transactions remain confidential)	Lesson – Protect Yourself as a Consumer
3. Consumer Credit	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
3A. Indicates the main reason given for using credit: to immediately purchase a good or service by deferring payment	Lesson – A Beginner's Guide to Borrowing Wisely Lesson – What to Do When You Need Money Fast
3B. Identifies some of the elements taken into account in determining eligibility for credit (e.g. income, job stability, debt load)	Budget Game – Core Component Lesson – A Beginner's Guide to Borrowing Wisely Lesson – Your Canadian Credit Report
3C. Explains the purpose of a credit report: to outline a consumers credit record	Budget Game – Core Component Lesson – A Beginner's Guide to Borrowing Wisely Lesson – Your Canadian Credit Report
3D. Gives information found in a credit report (e.g. personal information, credit information, banking information)	Budget Game – Core Component Lesson – Your Canadian Credit Report
3E. Indicates situations in which a guaranty may be required (e.g. first loan, no credit record, insolvability, rental of an apartment)	Lesson – Rules for Renters & Homeowners Lesson – The Car Buying Checklist Lesson – Mortgage Options for First-Time Homebuyers
3F. Explains the main obligation of the person acting as a guarantor: to pay for the borrower if he or she defaults on a payment	Lesson – How Borrowers Manage Personal Debt
3G. Describes the risks involved in using credit (e.g. high interest charges on credit card balances, debt accumulation, difficulty in accessing credit, lower credit rating, negative effects on health)	Budget Game – Core Component Activity – Calculate the True Cost of Credit Card Debt Lesson – How to Use Debt to Your Advantage Lesson – What Is Bankruptcy?
3H. Names the main types of credit contracts: variable credit contracts, such as credit cards and lines of credit; loan agreements, such as a personal loan; contracts involving credit, such as instalment sales	Lesson – A Beginner's Guide to Borrowing Wisely
3I. Indicates information that should appear in credit contracts (e.g. date and amount of payments, borrowing cost)	Lesson – A Beginner's Guide to Borrowing Wisely
3J. Indicates some of the rights and responsibilities of consumers who enter into a variable credit contract (e.g. obtaining the good or service immediately, making monthly payments)	Lesson – A Beginner's Guide to Borrowing Wisely
4. Roles of Advertising	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
4A. Indicates some of the goals of advertising (e.g. to inform, to develop awareness, to modify behaviour, to create needs)	Lesson – Protect Yourself as a Consumer Lesson – Planning and Evaluating Business Advertising
4B. Names laws that govern business practices and advertising (e.g Consumer Protection Act, Consumer Packaging and Labelling Act, Travel Agents Act)	Lesson – Protect Yourself as a Consumer
5. Personal Savings	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
5A. Gives reasons for saving money (e.g. to increase his/her consumer choices, to make a dream project come true, to have an emergency fund)	Budget Game – Core Component Activity – Crack the Code to Becoming a Millionaire Lesson – Break Free From Money Stress with a Budget Lesson – Achieve Financial Goals with a Spending Plan Lesson – #1 Rule for Building Wealth in Canada
5B. Indicates ways of allocating savings (e.g. savings account, savings plan such as a registered retirement savings plan)	Budget Game – Core Component Lesson – #1 Rule for Building Wealth in Canada Lesson – A Guide to Retiring in Canada Lesson – What is Wealth?
Financial Issue: Entering the Workforce
1. Work-Related Rules	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
1A. Names the main laws governing labour standards: Act respecting labour standards, Canada Labour Code	Lesson – Workplace Rights, Safety, and Equity in Canada
1B. Names sectors governed by the Canada Labour Code (e.g. telecommunications, federal public service)	Lesson – Workplace Rights, Safety, and Equity in Canada
1C. Indicates provisions of the Act respecting labour standards (e.g. minimum wage, hours of work, statutory holidays with pay, annual leave with pay, work performed by children)	Lesson – Workplace Rights, Safety, and Equity in Canada
1D. Indicates fringe benefits to which an employee may be entitled (e.g. vacation, paid holidays, group insurance)	Lesson – What Benefits to Look for in a Job Offer Lesson – What's in Your Compensation Package?
1E. Explains certain rights that workers are guaranteed under the Charter of Human Rights and Freedoms (e.g. non-discriminatory hiring, probationary period, conditions for dismissal)	Lesson – Workplace Rights, Safety, and Equity in Canada
1F. Indicates responsibilities of workers (e.g. duty of discretion, duty of loyalty)	Lesson – The Ultimate Employee Guide Lesson – Workplace Rights, Safety, and Equity in Canada
1G. Describes the role of organizations that ensure the application of labour laws and regulations (e.g. the Commission des relations du travail is concerned with matters such as the right of association, union accreditation and the establishment of collective agreements; la Commission de la sante et de la securite du travail is responsible for workplace prevention and inspection as well as workers compensation and rehabilitation)	Lesson – Workplace Rights, Safety, and Equity in Canada
1H. Describes some of the roles of a union (e.g. representing workers in dealings with the employer, ensuring the application of the collective agreement)	Lesson – Why Do Some Jobs Pay More Than Others?
2. Remuneration	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
2A. Indicates the main information found on a pay slip: salary, hours of work, deductions	Budget Game – Core Component Activity – Paycheck Variation Simulator Lesson – How Canadian Taxes Impact Your Personal Finances
2B. Names deductions at source (e.g. income tax, Quebec Pension Plan contributions, Quebec Parental Insurance Plan contributions, employment insurance contributions, union dues)	Lesson – How Canadian Taxes Impact Your Personal Finances
2C. Indicates sources of income to be considered in drawing up a budget (e.g. employment income, gifts)	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – A Strategy to Build Wealth, Not Debt
2D. Indicates the main purpose of pay equity: to guarantee equal pay for work of equal value without regard for gender	Lesson – Workplace Rights, Safety, and Equity in Canada
3. Income Tax	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
3A. Gives reasons why governments collect income tax (e.g. to fund public services, to redistribute income)	Lesson – The Basics of Filing Taxes in Canada
3B. Indicates on what basis income tax rates are established: taxable income brackets	Lesson – The Basics of Filing Taxes in Canada
3C. Indicates the purpose of an income tax return: to disclose income in order to calculate the tax to be paid every year to the federal and provincial governments	Lesson – The Basics of Filing Taxes in Canada
4. Employment Insurance	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
4A. Defines unemployment: situation in which a person who has no job is able and willing to work	Lesson – Public Financial Assistance Programs
4B. Explains the purpose of employment insurance benefits: to provide temporary income support for those eligible to receive benefits	Lesson – Public Financial Assistance Programs Lesson – The Anatomy of Unemployment
4C. Indicates some of the eligibility criteria for employment insurance benefits (e.g. to have been employed in insurable employment, to have worked the required number of hours determined according to the economic region involved, to not be responsible for losing his/her job)	Lesson – Public Financial Assistance Programs
5. Striking a Balance Between School and Work	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
5A. Indicates advantages and disadvantages of working during the school year (e.g. provides experience, makes it easier to find a job after finishing school, may cause academic difficulties, may cause students to drop out of school)	Lesson – Career Development & Pathway Planning
5B. Identifies ways of striking a balance between school and work (e.g. limit the number of hours of work, take a seasonal job)	Lesson – Go to College or Start Working? Lesson – Planning Your Career Path
5C. Indicates possible economic consequences of not earning a diploma (e.g. lower annual salary, job insecurity)	Lesson – Go to College or Start Working? Lesson – Planning Your Career Path Lesson – Why Do Some Jobs Pay More Than Others?
5D. Indicates the goal of the Work/Study Program provided by Aide financiere aux etudes (the Quebec governments student financial assistance program): to help students in a precarious financial situation find employment in their educational institution	Lesson – Paying for Post-Secondary Education in Canada
6. Tax Evasion	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
6A. Describes certain types of tax evasion (e.g. working under the table, selling goods and services illicitly, not collecting or paying taxes)	Lesson – How Canadian Taxes Impact Your Personal Finances
6B. Explains some of the consequences of tax evasion (e.g. loss of revenue for the government, inequity among taxpayers, no protection for consumers or workers, penalties, criminal charges)	Lesson – How Canadian Taxes Impact Your Personal Finances
Financial Issue: Pursuing an Education
1. Job Opportunities	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
1A. Indicates the main criteria used to determine a salary: qualifications, skills, duties, responsibilities, job performance	Lesson – What's in Your Compensation Package?
1B. Names different types of remuneration (e.g. hourly wage, commission, tips)	Lesson – What's in Your Compensation Package?
1C. Indicates job search strategies (e.g. checking job ads, visiting employers, using existing networks)	Lesson – Biggest Mistakes of Job Seekers Lesson – How to Get Past Resume Software
1D. Names organizations that provide job search assistance (e.g. Carrefours jeunesse-emploi, Emploi-Quebec)	Lesson – Career Development & Pathway Planning
2. Education-Related Costs	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
2A. Indicates ways of financing an education (e.g. work, student loan, personal loan, bursaries or scholarships, parental help, registered education savings plan)	Lesson – Paying for Post-Secondary Education in Canada Activity – Student Loan Repayment Calculator
2B. Identifies factors accounting for the variability of registration and tuition fees (e.g. level of education, program chosen, schools location)	Lesson – Paying for Post-Secondary Education in Canada
2C. Indicates education-related expenses that must be taken into account in drawing up a budget (e.g. tuition fees, books and school supplies, transportation, housing)	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – Paying for Post-Secondary Education in Canada
3. Financing Secondary-Level Vocational Training and a Postsecondary Education	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
3A. Indicates the main responsibility associated with obtaining a student loan: to pay back the loan according to the agreed terms	Lesson – Paying for Post-Secondary Education in Canada Activity – Student Loan Repayment Calculator
3B. Indicates where student financial assistance may be obtained (e.g. Aide financiere aux etudes [or AFE, the Quebec governments student financial assistance program], financial institutions, non-profit organizations, foundations)	Lesson – Paying for Post-Secondary Education in Canada
3C. Describes the main characteristic of a loan issued by AFE: the government pays the interest on the loan as long as the student is studying full-time	Lesson – Paying for Post-Secondary Education in Canada
3D. Indicates eligibility requirements for AFEs Loans and Bursaries Program (e.g. studying full-time, debt limit not yet reached, insufficient financial resources to pursue an education)	Lesson – Paying for Post-Secondary Education in Canada
3E. Describes how the amount of financial assistance provided by the government is calculated: the contributions of the student, his/her parents or his/her spouse are subtracted from the allowable expenses	Lesson – Paying for Post-Secondary Education in Canada