The Registered Education Savings Plan (RESP) Explained
The Registered Education Savings Plan (RESP) is a tool to help Canadians save for their child’s post-secondary education. The RESP is hands-down the best vehicle to set aside money for…
Parenthood
The Impossible Price of the Motherhood Tax
Children are expensive. But what may surprise you is children are far and away more expensive for women than men. The “Motherhood Tax” is a term that describes the difference…
How Does Maternity Leave Work in Canada?
Canada has one of the most generous maternity and parental leave programs in the developed world. But most people won’t ask “how does maternity leave work in Canada?” until they…
How Wealth Inequality Created The Culture of Helicopter Parenting
Parents spend more hours than ever interacting with children. Unfortunately, this is to their detriment. But the origin of helicopter parenting might surprise you: Over-parenting is the product of wealth…
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…
What is the Canada Education Savings Grant (CESG)?
If you’ve been saving using an RESP, then your child is eligible for up to $7,200 worth of free money through the Canada Educations Savings Grant (CESG). This grant allows…
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…
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