What Will Tuition Cost for Your Child?

Nov 13, 2019

According to Statistics Canada, tuition costs across the country rose by an average of 3.3% during the 2018/2019 school year. This is up to a full percent higher than Canada’s rate of inflation over the same period. Parents know that saving for their children’s post-secondary education will help their kids offset the cost of education when the time comes, but many are unprepared for how high tuition could be in the future.

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Headed to a Canadian University Next Year? Don’t Forget to Consult the Maclean’s University Rankings

Nov 5, 2019

Anyone planning to head to university in the fall of 2020 should start researching and planning on which universities they may want to apply for today. Depending on the program, some application deadlines may be as early as this coming February, so now is the time to get ready to pick top choices for programs and universities or colleges.

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Be Sure to Maximize RESP Grants Before Year-End

Nov 5, 2019

You may already know that contributing to a Registered Education Savings Plan (RESP) for your child is a great investment in their future, but are you getting the maximum benefits available to you? Not only does an RESP provide tax-deferred growth, by maximizing your annual payments, your child could also receive up to an additional $7,200 over the lifetime of the plan.

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Five RESP Myths Busted

Oct 7, 2019

Although Registered Education Savings Plans (RESPs) have been available since the early 1970s there are still some lingering myths and confusion for people exploring this investment tool.

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How to Understand Your Credit Rating and Credit Score

Oct 2, 2019

Unless you can afford to pay for everything in cash, you’ll need to borrow money at some point. That’s when a good credit score comes in handy. By maintaining a good credit score, you’ll pay less in interest and have more money to contribute to your child’s RESP.

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