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Is Your RESP Protected by Deposit Insurance?
The cost of post-secondary education in Canada continues to climb. Chances are good you already know this. In fact, I know many of you have been saving or putting money away into a Registered Education Savings Plan (RESP) for years. And, you are not alone. Many parents and grandparents are trying to save as much as they can in an RESP so that kids and grandkids can continue their education after high school without the burden of student loans. RESPs are a great savings tool. There are federal government grants that can help top up your funds and that can help you maximize your contributions. But have you ever given…
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Canadian at Par – 5 Ski Resorts That Don’t Break the Bank
Canadian at par. Those are the sweetest words any Canadian can hear when they’re travelling to the U.S. The Canadian dollar is often very low compared to the U.S. dollar. What that means for Canadian travellers is that we often pay far more on our trips to the States. This post has been updated to reflect 2020 information. At an exchange rate of 1.3 to 1.4, we can pay hundreds more for trips to the US versus trips to Europe or even domestic getaways. Sometimes that means staying in country and not visiting the US at all. BUT, that doesn’t always have to be the case. Here are some great U.S.…