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Registered Education Savings Plan

Elaine Crook - Aug 07, 2019
We understand that your children’s future is your priority and helping them achieve their goals without incurring debt is a gift you’d like to provide. A Registered Educations Savings Plan (RESP) can help you make that a reality.

The cost of post-secondary education keeps rising. In 2018/2019, the average annual undergraduate university tuition in Canada was $6,838.00, compared to $4,025 in 2003/2004. Tuition can represent only one-third of the expenses that students face each year. This means that expenses for accommodation, food, transportation,books, technology, leisure, as well as the cost of a four year postsecondary education could add up to more than $80,000.

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