Congratulations on thinking about saving for a child's education! A Registered Education Savings Plan (RESP) offers both tax advantages and qualifies you for government education grants. A student can ...
As I recall being a new parent, obtaining a social insurance card for your child would rank well down on the list of things that need doing. Find time, anyway. You need a SIN card to open a registered ...
According to Statistics Canada, the average tuition fee in 2015 was $6,191 per year, and that amount is projected to skyrocket to $17,200 by 2035. Some estimates put the total cost of a four-year ...
TORONTO, ONTARIO--(Marketwired - Jul 23, 2013) - HRH Prince of Cambridge, third in line to the throne, will probably not need to worry about how he is going to pay for post-secondary education.
Helping a grandchild pay for post-secondary education is a smart gift that keeps giving. Here’s how to maximize your contributions plus government grants. Ideally, your grandchild or grandchildren ...
What can an RESP be used for? What’s the best strategy for RESP withdrawals? Embark’s CEO answers these common questions and more. An RESP, short for registered education savings plan, is a powerful ...
TORONTO, ONTARIO--(Marketwire - Sep 19, 2012) - As part of BMO Financial Group''s ongoing commitment to financial literacy and ''Making Money Make Sense'' for Canadians, BMO is releasing a financial ...