From Financial Consumer Agency of Canada

About The City

The City is a learning program developed by the Financial Consumer Agency of Canada (FCAC) with the goal of teaching young people financial skills that they can carry with them throughout their lives. The materials can be downloaded for use in a classroom or used as an online, self-directed version that can be completed virtually anywhere.

Teacher Info

Why should you use The City to teach financial life skills?

You'll Benefit

  • The City is based on an award-winning teaching resource.
  • It is currently endorsed by the Ministry of Education in British Columbia (BC) and used by teachers in BC.
  • It uses an interactive, hands-on, engaging format to teach financial life skills in schools or in community settings.
  • You can choose between in-class modules to achieve learning outcomes prescribed by your province/territory or online modules that students can do independently to achieve many of the same outcomes.
  • The in-class resource contains everything you need to teach financial life skills, including lesson plans, overheads, student handouts and financial documents.
  • You can set up classes electronically so your students can email you their completed online work.
  • The City is unbiased with no strings attached. There's no agenda other than promoting financial life skills. You can feel confident your students are getting sound, reliable information.

Your Students Will Benefit

  • They'll use an engaging series of activities to learn basic financial life skills in a way that is relevant to their own lives.
  • Using realistic characters, they can learn about personal finances in a fun, interactive and non-threatening way.
  • They can do activities in an online format that they enjoy.
  • They can download, save and update key worksheets.
  • They'll become familiar with materials and skills that are common to most types of financial software.
  • They can have fun while learning financial life skills!

For the full teacher's overview, sign in and view the downloadable pages in the General Overview section under the In-class Materials tab.

For Learning Outcomes, sign in and go to the Learning Outcomes section under the In-Class Materials tab.

Register Now!   Or   Login if you already have an account.

Student Info

Personal finance? Financial life skills? What's that? Why should I care?

To start with, most young people already do some financial management. You have to — you have some money, and you want to spend it on stuff or save it for the future.

But how do you know the best way to manage your money? With all the choices, scams and rip-offs, it's hard to make the right decisions. In fact, most people learn about personal finance by making mistakes — BIG, EXPENSIVE mistakes.

So "personal finance" is not about being a math genius or figuring out the theory of relativity. Personal finance is about deciding what you want to do and planning how you're going to do it. Whatever your plans — work, travel, trades training, university, college — making smart decisions about money starting now can help you get there. The City is a fun way to learn financial life skills, in your own way at your own pace.

Register Now!   Or   Login   if you already have an account.

Parent Info

This resource helps prepare young people for life after high school when they become more financially independent

The Financial Consumer Agency of Canada (FCAC), in partnership with the British Columbia Securities Commission (BCSC), has developed this resource. Topics include budgeting, savings, credit and debt, insurance, identity theft and investing. It also teaches young people how to write a financial plan. When they use this resource, they learn skills that will help them manage their money wisely throughout their lives.

Some of the activities ask your child to discuss financial topics with a parent or other adult. Talking about their own and their family finances helps them learn the financial skills they'll need in real life and helps them make more realistic plans for their future. Please support your child's learning by discussing as much of your family finances as you feel comfortable with.

The City sample

To see an example of the online modules your child will be learning from, select the module below. In-class mondules cover similar topics through activities led by a teacher.

Module 2 - Lifestyle Reality Check

Financial Education

If you'd like information for youself on financial topics such as budgeting, savings or investing, visit the FCAC website or the investor education resources listed by the Canadian Securities Administrators.


What are financial life skills?

They're the skills that everyone needs to manage money with knowledge and confidence throughout life.

My child's only in high school. How will he or she be able to use these financial life skills?
First, young people are using some financial life skills right now. They make decisions about saving and spending the money they do have. Second, these and other financial life skills will become even more important as your child gains independence and starts working part- or full-time, taking post-secondary education, traveling or living on his or her own.

Why is it important for my child to learn about finances?
Young people need to be able to manage their money in order to achieve their life goals, and to avoid expensive mistakes. By learning financial life skills early, they'll be better prepared to handle the financial realities of adulthood.

What will my child learn in The City?
  • how to tell the difference between the things they need and the things they want
  • income and expenses, and how to put them together in a personal budget
  • savings
  • banking services
  • credit and debt, and how to avoid getting into trouble with debt
  • how to avoid identity theft
  • insurance
  • investing - what options there are and how to invest safely
  • creating his or her own financial plan

What's a financial plan?
It's a written plan in which you identify your goals and figure out how you'll manage your money to achieve them. A financial plan is more than a budget, which looks only at current income and expenses. A good plan will project a budget for the planning period, identify and manage your assets and debts, and outline strategies for using all of your resources to solve any anticipated problems and achieve your goals. A financial plan should be reviewed and updated regularly.

How can I help my child learn?
Most lessons include a "Home Connections" activity. It asks your child to talk with you about his or her activities and learning. For example, your child may ask you what kind of banking services you use or what the family expenses are. When you do the "Home Connections" activities with your child, you reinforce what your child is learning in class and ensure that his or her plans and expectations are realistic. You can also encourage your child to find out more about different financial topics.

Do I have to share personal financial information with my child? If so, will my child be sharing it with the class?
No and no. Just discuss as much as you feel comfortable sharing with your child. Your child may write summaries of the discussions you have together, but these summaries won't be graded at school. Your personal finances won't be discussed in class. Your discussions with your child are to help your child make realistic plans for his or her own future.

If my child enters personal financial information on this website as part of the course work, will it stay private?
Yes. No one can look at your child's online worksheets other than your child and their teacher. To find out more about privacy and security safeguards, click on Privacy and Terms of Use.

What if my child asks me a financial question I can't answer?
Not to worry - it happens to teachers all the time! These may help:
Click on the Glossary for simple definitions of financial terms.
To answer questions on finances, visit the FCAC website or the investor education resources listed by the Canadian Securities Administrators .

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