Skip to main content
Back to Bills
OntarioDid not become law (session ended)41st Parliament, 2nd Session

Bill 69 explained in plain English

Financial Literacy for Students Act, 2016

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
41st Parliament, 2nd Session
Bill number
Bill 69
Full title
Financial Literacy for Students Act, 2016
Current status
Did not become law (session ended)
Latest event
Carried
Last updated
Nov 16, 2016

Official Legislative Assembly of Ontario snapshot for 41st Parliament, 2nd Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.

Chamber
Legislative Assembly of Ontario
Current Stage
Carried
Latest Activity
Nov 16, 2016
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

This bill would amend the Education Act to require students to complete a financial literacy course in Grade 10 as a condition of graduating from secondary school.

What It Means

Bill 69, the Financial Literacy for Students Act, 2016, proposes to amend the Education Act. The bill aims to ensure that students in Ontario develop essential personal finance skills. It mandates that the Minister will require pupils to complete a financial literacy course as a condition for obtaining a secondary school graduation diploma. The bill also specifies that school boards will be responsible for providing this comprehensive financial literacy course at the Grade 10 level in their schools. The course content is to be determined by the board. The bill clarifies that this amendment to the Education Act will come into effect on September 1st, following the day the Act receives Royal Assent.

What This Bill Does
  • Amends the Education Act.
  • Requires the Minister to mandate the completion of a financial literacy course for a secondary school graduation diploma.
  • Requires school boards to provide a comprehensive financial literacy course at the Grade 10 level.
  • Specifies that the content of the financial literacy course is to be determined by the school board.
  • Sets the commencement date for the changes to the Education Act.
Who Is Affected
  • Students in Ontario
  • School boards in Ontario
  • The Minister of Education
Rights, Duties, Or Obligations
  • Students will be required to complete a financial literacy course to obtain a secondary school graduation diploma.
  • School boards will be obligated to provide a financial literacy course at the Grade 10 level.
  • The Minister will be obligated to require the completion of this course.
Important Dates
  • Section 1 of the Act comes into force on September 1st immediately following the day the Act receives Royal Assent.
  • The rest of the Act comes into force on the day it receives Royal Assent.
Uncertainties Or Limits
  • The bill states that the content of the financial literacy course is to be 'as determined by the board,' meaning the specific curriculum is not defined in the bill itself.
Laws Or Regulations Affected
Education Act
amends

Adds a requirement that the Minister must ensure students complete a financial literacy course to get a diploma, and specifies that school boards must offer this course in Grade 10.

Source: Section 8 and Section 170

Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.

Official text

Process Snapshot

Step 1
First reading
Nov 16, 2016
Step 2
Second reading
Not reached yet
Step 3
Committee review
Not reached yet
Step 4
Third reading
Not reached yet
Step 5
Royal assent
Not reached yet

Vote Summary

No published recorded division

This bill is still active. We only show vote counts after the legislature publishes a recorded division.

Sponsor
Victor Fedeli
Progressive Conservative Party of Ontario | Nipissing
Jurisdiction
Ontario Legislature

No published representative vote breakdown

This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.

Official sources

Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.

How this data is sourced