The last decade has seen an enormous increase in interest in and use of educational indicators. This paper focuses on K-12 student outcome indicators and measures of how well students have learned what is expected of them--the raison d'etre of schooling. It provides a Canadian perspective on student outcome indicators and has three major purposes: (1) to identify types of student outcome indicators and sources of information; (2) to discuss provincial and national uses; and (3) to discuss issues and identify solutions. A March 1995 survey of provinces and territories provides the information base for current Canadian practice in using and addressing issues in student outcome indicators for this paper. (Contains 45 references and 7 tables.) (Author)