The program is a partnership between RBC (which provides the equipment) the schools, and the city (which provides the ice time and instructors).
"It's an awesome partnership, providing a great opportunity for kids who may not get a chance to skate," said David Haynes of the city's parks department. "The bank is getting involved, the school is getting involved and the city is getting involved."
More than 300 kids will take part in the program across Toronto.
Joining the students on the ice last week was Canadian Olympic gold medallist Jennifer Botterill.
"When you're out here on the ice, you can't help but reflect a little bit and think about those days when I was young and first learning how to skate," said Botterill, who also showed the students her gold medal. "So lots of great memories for me and it's really fun to see all the smiles on the kids' faces today."
Click on the image above to view Debbie Lightle-Quan's story.