For many people, it’s a dream to help their children and grandchildren pay for their post-secondary education. With your additional cash flow, you can start thinking about how you can help.
If the child doesn’t go on to post-secondary education, there are number of other options for the money that has been saved.
You may be eligible for government incentives that can add up to $500 or more annually per beneficiary
An RESP can help you save for a child’s post-secondary education.