Investment asset allocation matters at every stage of life for Canadians. It is often the single biggest factor that determines whether one portfolio succeeds while another falters. Time horizon is crucial: younger investors generally have enough years to recover from market dips and can afford a larger share of growth-oriented equities. Retirees, however, may not … Read more

If you’re saving for a child’s post-secondary education, a registered education savings plan (RESP) stands out as one of the best tools in Canada. No other account gives you direct access to thousands of dollars in government grants—essentially free money for tuition and other educational expenses—while offering tax-deferred growth on your investments. For families with … Read more

You’ve probably heard the phrase “It takes a village to raise a child.” With post-secondary tuition rising steadily, it can also take a village to fund a child’s higher education. Grandparents who are able to contribute can play a meaningful role by using registered education savings plans (RESPs). If you want to help your grandchildren … Read more

Between gifts, events and seasonal expenses, December can be an expensive month. Saving for your child’s post-secondary education may feel out of reach amid holiday spending, but there’s a clear reason to act before year-end: December 31 is the annual deadline for RESP contributions to qualify for government grants for that calendar year. To make … Read more

As many Canadian parents and grandparents know, a registered education savings plan (RESP) is a powerful and tax-advantaged way to save for post-secondary education. While you can save for college or university in other accounts, such as a bank account or a tax-free savings account (TFSA), those options do not include the government grant incentives … Read more

If you’ve opened a registered education savings plan (RESP) for your child or grandchild, well done—you’ve started preparing for their post-secondary future. With an RESP, your family can access valuable government grants worth thousands of dollars. The next step is choosing what to hold inside the RESP and how to adjust that mix as your … Read more

Real estate can be a valuable part of an investment plan, and certain Canadian markets have produced strong returns over the past generation. Still, as you approach retirement it’s worth re-evaluating whether property should be a central part of your strategy. Which has better returns? Real estate versus stocks Many Canadian investors favour real estate … Read more

Being a student often means balancing coursework with tight finances. Between tuition, textbooks, rent and groceries, many students find their income doesn’t stretch as far as they’d like. If you want to stop feeling constantly short on cash, here are practical strategies to earn extra money, control spending, grow savings and manage student loan debt … Read more

Whether you’re graduating, starting your career, or simply ready for more independence, moving out of your parents’ home is a major milestone. With rising rents and higher living costs, it’s important to review the financial and practical realities before you commit. This 10-step guide will help you decide if now is the right time to … Read more

An RESP, short for registered education savings plan, is a tax-advantaged savings vehicle designed to help families prepare for a child’s post-secondary education. RESPs let your investments grow tax-deferred and offer access to federal and some provincial grants and bonds, making them one of the most effective ways to save for college, university or other … Read more