High school students in Ontario will need to pass a financial literacy test in order to graduate
Ontario high school students will need to pass a financial literacy test with a mark of at least 70 per cent to graduate, as part of Education Minister Paul Calandra's curriculum updates. The test is intended to ensure students understand personal and home economics, including budgeting and money management.
Ontario high school students will be required to pass a financial literacy test to graduate. Education Minister Paul Calandra announced the plan to ensure students have a basic understanding of personal finance. The test will require a mark of at least 70 per cent. TVO is developing coursework, including education modules and test questions. Critics have questioned the effectiveness of mandatory testing, suggesting it could create a negative association with personal finances. The test is part of a broader set of curriculum updates, including changes to grading policies.
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