Recently, several Canadian provinces have added financial literacy into core curriculum for high school students, and in his 2009 budget, federal Finance Minister Jim Flaherty announced the creation of a Task Force to evaluate current financial literacy initiatives. Typically, these initiatives focus on "individual responsibility", implying that if Canadians learn to handle their personal finances better, they won't need to rely on governments to protect them, financial markets will work better, and the whole country will be stronger. But it is fantasy to hope that greater knowledge on the part of individual investors could somehow stabilize the workings of macro financial markets. Financial literacy can be a welcome addition to curriculum, but it should focus on the causes and potential solutions to Canadians' financial problems, including an honest look at the financial industry, rather than encouraging them to accept an unfair, unequal world, and then adjust themselves to it. (Contains 5 endnotes.)