Savings

One of the most important financial moves for a Canadian family to make is saving for the future, particularly when it comes to education or long-term care. The average financial payout of attending post-secondary education in 2024 was $7,400 one year according to Statistics Canada. For families who support a person with disabilities, long-term financial … Read more

Bringing up a child is both a joy and a trial. With tuition bills aside, parents are responsible for securing their child’s future. Costs for education, health care, and long-term protection are all substantial commitments. One way families are addressing these issues is by purchasing child insurance plans that help secure the future when it … Read more

Education savings in Canada are something nearly every parent struggles with. Every year, through the following year, tuition increases. The question no longer is just how much to save, but how to save. Two popular routes emerge: prepaid tuition plans and Registered Education Savings Plans (RESPs). Each method has its advantages and drawbacks. Both purport … Read more

Throughout Canada, parents are struggling to make decisions about the education of their children. Given exploding tuition rates, cost of living, and the diminishing return on investment, not having a debt-free objective in place is the kiss of death. The good news is that to help you save, and maybe grow, in a more structured … Read more

The first time a well-meaning parent gives thought to saving for their child’s future, the numbers simply don’t add up. A year of post-secondary tuition. A laptop. Rent. Books. Transit. Food. It all adds up too fast. And then comes the creeping question: “Where do I even start?” You could open a simple savings account, … Read more

No family should have to choose between groceries and tuition. But for many Canadians, that’s the financial reality of sending a child to school. The stress hits early—from parents unsure where to turn to students overwhelmed with deadlines, red tape, and fine print. But when you understand the financial aid landscape, from student loans to … Read more

“I just moved to Canada for school and didn’t know where to start — everyone kept asking me to open a bank account, but no one told me what to look for.” That’s a common story. Every year, thousands of new students from different parts of the world arrive in Canada — full of ambition … Read more

Economists, employers, and everyday families have long debated the value of a college degree. Is the price of college worth the long-term financial gain? In this time of mounting tuition and student loan debt, it’s a question worth considering. However, despite those costs, studies and real-world trends have continued to demonstrate that college graduates often earn significantly more … Read more

Plan the education for your child – among the biggest financial decisions of your lifetime. In Canada, with ever-rising tuition and education costs in post-secondary programs, families now must begin early and save early so that a child receives good quality education without an associated financial crunch. Assured Child Education Savings Plans can be of … Read more