Whether your children choose to pursue post-secondary studies or not, be ready to support them. Start saving now and grow funds that will be available when they need them most.
Every year, education costs increase faster than the 2% inflation rate. This means that if the money you save for your children's education is not strategically invested, you lose a little bit every year. Our advisors can offer you available education savings plans available that ensure each dollar you put into your children's education yields a profit.
Parents and grandparents are wise to contribute to a Registered Education Savings Plan (RESP) as soon as children are born. It's a great way to pass on assets. Also, the money is not only for university studies: It can be used for any post-secondary studies as well, including technical programs. The greatest gift we can offer a child is education.
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