RSSShould I open an RESP for my child?
10NOV2008 – Saskatoon – Star Phoenix “Meet RESP deposit deadline to get matching grant”
An RESP can give the next generation a head start at landing a good job and achieving financial security. The key to growing your child’s RESP is to start early and maximize the government grants each year.
For every dollar you deposit to your RESP, the government will add a 20 per cent matching Canada Education Savings Grant (CESG) of up to $500 annually to boost your savings. The grant formula is even better for low-income families.
Click here to read the full article in the Star Phoenix from November 10, 2008