Advisors can help parents maximize tax savings
Survey finds many parents choose one over the other
TFSAs and RESPs both offer relative advantages to clients
New grant encourages Quebec families to save for their children’s education
Contribution periods increased to 31 years; older students, younger siblings may benefit
Fiera Capital, TD Asset Management handed mandates
The House of Commons passed a confidence motion on Thursday afternoon that effectively cancels a Liberal-sponsored RESP tax-break bill already before the Senate.Members of Parliament voted 124-87 in favour of a ways-and-means motion to implement the federal budget that included provisions to cancel the bill, which promised tax breaks though the RESP plan.The bill, introduced […]
University students and faculty are condemning the proposed bill to make RESP contributions tax deductible.The Canadian Federation of Students (CFS) says Liberal MP Dan McTeague’s bill will do little to make post-secondary education more accessible for most students and their families.“This bill is a bad use of scarce resources and it will cost about $1 […]
McTeague bill surprises all as it heads to Senate
Ottawa proposes boosting time limits for contributions and access to funds