Ontario’s Grade 9 curriculum now includes education surrounding down payments and interest rates

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In what seems like an effort to equip Ontario high school students with more practical math skills, the province’s Grade 9 curriculum will now include education focused on interest rates and down payments.

This curriculum change is across both the education system’s applied and academic streams. These sweeping changes also include education surrounding coding, data literacy, mathematical modelling and financial literacy, as well as how this information applies to relevant real-world situations.

This includes students learning about managing finances, creating a budget, understanding the depreciation of assets, interest rates, down payments and more.

The new course also isn’t streamed into academic or applied courses and will be required by all Grade 9 students. This is the first significant update to how Ontario teaches students about math since 2005.

Stephen Lecce, Ontario’s Minister of Education, says the province will have more announcements regarding math curriculum updates for the Grade 10, 11, and 12 students.

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