Survey reveals parents aren’t accounting for all of the costs
With RESPs, clients can take advantage of the Canada Education Savings Grant
The low rate of RESP adoption is an opportunity for advisors to discuss the importance of education
By starting a savings plan early, parents can reduce the burden of debt to pay for higher education
Budget 2018 extends a temporary measure to set up RDSPs in cases in which the capacity of the individual to enter into a contract is in doubt to the end of 2023
The transaction expands the distribution of the First Flex RESP across Canada with a sales force of more than 1,600 licensed representatives
Encourage parents with excess funds to maximize the tax-deferred or tax-free compounding in a child’s RESP by making an additional lump-sum contribution of $14,000
Having a probable career path and a plan to save for education can make a big difference
Despite concerns, only 35% take advantage of special education savings vehicles
The regulator is concerned that Bouji’s father, who has been banned, remains actively involved in the businesses