Are RESP Contributions Tax-Deductible?

Are RESP Contributions Tax-Deductible

One has to be aware of the subtle nitty-gritty of financial instruments like the Registered Education Savings Plan (RESP) to consider plans for the educational future of a child in Canada. Most parents and guardians seeking an education savings plan in Canada want to know what would help their savings grow optimally. One of the … Read more

The Impact of RESPs on Student Loans

The Impact of RESPs on Student Loans

Mastering the financial landscape of higher education in Canada, as far as cost control and future planning are concerned, is quite complex. One of the most valuable tools in this regard for any Canadian family is the RESP or Registered Education Savings Plan. This plan allows a person to save for a child’s future educational … Read more