RESP Tips for Newcomers to Canada

RESP TipsEducation Savings Plan Tips for Canadian Newcomers

When it comes to getting a post-secondary education, Canada is home to some of the top universities and colleges in the world, and deciding which post-secondary institution to enroll in can be daunting. Saving for your child’s education can also feel overwhelming. Fortunately, there are Federal and Provincial education plans designed to make obtaining a Canadian post-secondary education affordable. The catch is that Canadian newcomers need to be aware of the different programs in order to participate in them. In Canada, there is no federal department of education or national system of education. Instead, each province or territory has its own system. While the education systems are very similar, there are some variations.

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