Education Planning

As education costs continue to rise and outpace inflation, it is increasingly more important to start saving early for a child’s post-secondary education. To give an idea of cost, average undergraduate tuition in 2017-2018 was $6,571 (StatsCan) and this does not include accommodation, meals or books. There are various ways to save for a child’s post-secondary education, however typically the most attractive option is via a Registered Education Savings Plan (RESP) which can grow tax free and attract government grants

 

We can help determine the best approach to start saving now so that your child can have the education to propel them into their future.

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