RESP

Back to school financial tips for students Fallback Image Decorative pattern

Industry

Back to school financial tips for students

Students are set to head off to college and university with many valuables, but are they prepared for the financial risks? Read: Teens need money smarts Breaking and entering, as well as theft of valuables up to $5,000, accounted for 60% of police-reported property crime in 2011, finds Statistics Canada. The most common stolen items […]

By Suzanne Sharma |September 4, 2012

2 min read

RESPs: Just the facts Fallback Image Decorative pattern

Tax News

RESPs: Just the facts

Lifetime contribution amount: $50,000 for RESPs opened after 2007 Annual contribution limit: None Maximum age to open: None. However, Canadian Education Savings Grants are only available to children until December 31 of the year the child turns 17. Canada Learning Bonds are available to age 21. Read: Making cash gifts “resp”onsible Duration: until December 31 […]

By Staff |September 1, 2012

1 min read

Beware the group RESP Fallback Image Decorative pattern

Industry

Beware the group RESP

A Toronto couple was dealing with the death of their one-year-old daughter when they were hit with yet more shocking news; the group RESP they’d invested in for her would only refund 10% of their money.

By Staff |August 22, 2012

1 min read

Why you should be a control freak Fallback Image Decorative pattern

Planning and Advice

Why you should be a control freak

I focus all my energy on what I can control and don’t stress about the rest.

By Mathieu Paradis |February 13, 2012

3 min read