RESP

RESP stands for Registered Education Savings Account and is an account designed to help you save for your child's post-secondary education.

We've got lots of articles on the RESP, but we bet you're looking for one of these:

Don’t let the name fool you! Your RESP doesn’t have to be a savings account. You can (and should) use this account to invest in the stock market. You can open an RESP to hold stocks, bonds, ETFs and more, to supercharge your long term savings and meet your lifetime financial goals!

The Canada Learning Bond Explained

Lower-income Canadian families using an RESP also have the option of maximizing their return through the Canada Learning Bond, or CLB. The CLB can provide up to $2,000 worth of…
canada child benefit

The Canada Child (CCB) Benefit Explained

The Canada Child Benefit (CCB) is a monthly payment made by the Government of Canada to eligible families with children. Given the high costs of raising a child, this payment…

CDIC Deposit Protection For Your Child’s RESP

One of my first tasks as a new mom is setting up an account to save and invest for my daughter’s post-secondary education. When I attended university, I couldn’t afford…
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