You may think the government knows it’s your birthday, but you still need to do the paperwork! When you turn 65, you can receive two types of income from the Canadian Government. And, wow, is it confusing! Read on to learn more about government income options when you turn 65.
This is money that the government adds to a Registered Education Savings Grant (RESP) based on the amount that is deposited by others each year. This is available until the end of the calendar year when a child turns 17. Each year, the CESG adds 20% on contributions of up
The back-to-school season has finally arrived! For many, it is a very exciting and nerve-wracking time of year. To help ensure a safe and easy transition, we recommend that parents talk to their children about safety precautions for the school year. We have provided back-to-school safety tips below to consider:
Would you like to save for your child’s education but struggle to find space on a tight budget? The Canada Learning Bond can help. Many people have heard of the matching program, the Canada Education Savings Grant, but are not aware of the Canada Learning Bond. This program does not
With school starting, it’s a great time to start saving for your child’s education. Over the next three weeks, we are going to talk about government programs and strategies for saving for your child’s post-secondary education including: Registered Education Savings Plans (RESP) A Registered Education Savings Plan is a special
As kids return to school this week, it’s important to prioritize their safety. We believe sharing this information is a valuable reminder for #SafetySunday. While social media provides a platform to share updates with friends and family, it’s crucial to exercise caution when it comes to sharing private information. For
As kids start or return to school, it is a good reminder that we are our children’s main teachers. As they watch us go through the day, they learn about how we use and value money. These lessons will stay with them. Thank you, Credit Canada, for introducing me to
