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Judge looks at papers

Government should have opened RESPs, RDSPs for kids in its care, suit claims

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

Experts highlight considerations such as portfolio risk level, limits on EAPs

House of Commons in Ottawa

Here’s the status of tax proposals that matter to your clients

Piggy bank on books

Canadian parents value post-secondary learning but face challenges saving for it, poll suggests

  • By: IE Staff
  • June 6, 2023 June 6, 2023
  • 13:58
Ottawa Canal at night

Changes to RESPs and RDSPs are included in the legislation, as well as leeway to increase the CDIC limit

Canadian Parliament in Ottawa

Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs

Black mom and daughter reading a book sitting on sofa smiling

Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians

Grand opening, cutting red ribbon

New products include target-date RESP funds, covered calls and high-interest savings

gavel

A court dismissed the proposed suit involving hospital workers selling new mothers' contact information to RESP dealer reps

Person putting money into piggy bank

The Crown corporation also introduced changes for deposits held in trust or placed through financial advisors

  • By: IE Staff
  • May 2, 2022 May 3, 2022
  • 14:41