RESP

Industry

Canadian international study fees competitive

International students studying in Canada pay lower student fees.

By Staff |August 19, 2013

2 min read

Tax News

Transition from group to self-directed RESPs

When the kids were born, a sales rep convinced them to enroll in a group RESP. For five years, they met the rigid monthly contribution schedule. But when the meltdown hit, William’s business suffered, so from 2008 to 2012 they were unable to make contributions.

By Dean DiSpalatro |August 14, 2013

4 min read

Industry

Group RESP industry grows 47%

The group scholarship plan industry in Canada has grown by 47% over 5 years.

By Staff |June 26, 2013

2 min read

Industry

Governments help parents save for their children’s educations

British Columbia and Saskatchewan are pursuing provincial education grants through Heritage Education Funds, which support families saving for post-secondary education for their children.

By Staff |June 24, 2013

2 min read

Case Study: Helping jittery clients with education plan

The parents opened an RESP in 2008 using globally balanced mutual funds, but when the market crashed, they lost 17%. The Chois needed to know the money would be there when their eldest reached university age. Unwilling to wait for a rebound, they sold 40% of their mutual funds for cash.

3 min read

Make tax time rewarding

Preparing your annual tax return can actually be a rewarding experience if you know how to take advantage of all the tax deductions and credits, says CIBC’s tax and estate planning expert, Jamie Golombek. “If you know where to look, preparing your taxes can be enjoyable as you find savings and ways to reduce your […]

By Staff |April 17, 2013

4 min read

Reel in education grants

Many people move to give their children access to better education. Yet depending on when those children immigrate, they may not be able to take advantage of the Canada Education Savings Grant.

By Melissa Shin |September 5, 2012

3 min read

RESP

Canadian international study fees competitive

Transition from group to self-directed RESPs

Group RESP industry grows 47%

Governments help parents save for their children’s educations

Use tax refunds to invest in RESPs

Case Study: Helping jittery clients with education plan

Make tax time rewarding

B.C. proposing new education savings grant

Faceoff: RESPs

Reel in education grants