Pushpinder Puri

Giving​‍​‌‍​‍‌ money as gifts during Christmas is not a new thing. However, more and more Canadian families are turning these gifts into education savings, which is a lot more impactful. With tuition fees rising every year and students of tomorrow facing greater financial burdens, many parents and grandparents are deciding to give RESPs as Christmas … Read more

Children’s education planning is the single most significant financial objective of Canadian families. In response to the ever-increasing costs of post-secondary education, numerous parents are opening registered education savings plans in Canada to save early and let their money grow over time. RESPs are meant to incentivize saving for education through tax advantages and government … Read more

When high school graduates finally get their university acceptance letter, many Canadian families can breathe a sigh of relief — not just at the academic achievement but because all those years of careful saving in a Registered Education Savings Plan (RESP) are about to pay off. But all that excitement frequently collides with a surprising obstacle: paperwork. … Read more

Every parent-to-be wants to give their new baby the best start in life. In 2025, that dream increasingly encompasses early financial planning for education. The costs of attending a post-secondary institution are projected to increase gradually during the decade and now top $100,000 on average for tuition, room and board and additional supplies in a … Read more

More and more Canadian families accept Registered Education Savings Plans as part of their contributions to children’s future. In the 2024 Annual Statistical Review released by the Canada Education Savings Program, the total RESP assets in the country exceeded the line of 89.8 billion dollars, reaching a record high over more than a decade. One … Read more

Tuition in Canada is up, and families are feeling it. The average four-year undergraduate degree in Canada can now cost more than $100,000, including tuition and living expenses. Canadians believe they are lagging in saving for their children’s education, with over half (53%) reporting that they are behind. With figures like those, it’s clear why … Read more

Every parent wants to give their child the best possible start — in Canada, that often means supporting them while they attend college or university without being overwhelmed by student debt. One of the smartest tools out there is known as the Registered Education Savings Plan Canada (RESP) — and it could potentially help your … Read more

RESP – What is it? Parents are always looking into the future for our children, and nothing says this more clearly than planning for our children’s education. But what happens when the person who opened and managed that RESP — known as the subscriber — dies? It’s the sort of question few families want to … Read more

Millions of Canadians get tax refunds every year. And yet most of it vanishes into short-term consumption — new gadgets, home renovations, perhaps a vacation. But what if that refund could fatten your child’s future, rather than merely deflating your wish list? The average federal tax refund in 2024 was $2,093, according to Statistics Canada. … Read more