The Bank of Canada Museum has announced the recipients of its 2025 Award for Excellence in Teaching Economics. The award recognizes two educators for their efforts in equipping students with practical financial skills through community-focused learning initiatives.

Angela Larocque, a middle school teacher from Forest Hills School in St. John, New Brunswick, and Nicole Feisst, a high school educator from École Clément-Cormier in Bouctouche, New Brunswick, have been honored with the museum's annual award.

Both educators implemented programs that helped students relate their personal interests to economic realities by engaging parents and local professionals. This approach offered students an opportunity to learn financial literacy beyond theoretical concepts.

Larocque's initiatives included "Idea Market," an entrepreneurship event, and "Money Matters," a community financial literacy night involving local businesses and banks. These programs encouraged open discussions about money between families and financial institutions.

Feisst developed a detailed financial simulation for her grade 11 and 12 students. Participants created financial profiles before experiencing a realistic simulation of adult economic life, receiving real-time advice from local professionals to ground their learning experience.

"Both Angela and Nicole’s projects are exemplary," said Sharon Kozicki, Deputy Governor of the Bank of Canada. "What set their work apart this year was how they brought the wider community—including parents—into the learning process. They introduced economic and financial topics in ways that were grounded in real life, creating experiences that will have a lasting impact on the youth who participated."

Each winner receives a trophy along with a personal cash prize of $1,000 and another $1,000 for their school. Further details about this year's winners can be found on the Museum’s website.

Nominations were submitted nationwide and reviewed by a selection committee consisting of representatives from the Bank of Canada as well as other experts in economics and education fields, including a youth representative.

Nominations for next year's award will begin in early 2026.

The Bank of Canada Museum seeks to engage Canadians by clarifying the central bank's roles while providing insights into Canada's monetary history. It offers free educational resources for teachers and students through its online platform.