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Immigrants face financial, emotional ruin as plans to resettle in Canada are clipped by COVID-19 - CBC.ca Dec 20th
Immigrants face financial, emotional ruin as plans to resettle in Canada are clipped by COVID-19 CBC.ca.... More »
TFSA contribution room calculator + MORE Apr 8th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
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Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like e.... More »
How international students can build credit in Canada Jul 15th
Moving to Canada as an international student comes with a long financial to-do list, and building credit is one of the most important items on it. Your credit history from home typically doesn’t transfer, which means you may need to start from scratch when applying for a credit card, phone plan, a.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 2nd
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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The best TD credit cards in Canada 2020 + MORE Aug 21st
Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s most storied big five banks. It offers a wide array of financial services including an impressive portfolio of more than two dozen credit cards. We break down the best TD credit ca.... More »
The best ways to help kids financially
– moneysense.ca
As a father of three and a financial professional, the coming school year, and the uncertainty attached to it, is very much on my mind. Even if your children, like mine, are still years away from post-secondary tuition fees, the sooner you start saving, the better your chances of reaching your financial goals. Money also gives you options should your child need tutoring (or, as is being hotly debated, you want to be able to consider opting out of public school during the COVID-19 pandemic).
Here are a few ways to help your children financially, regardless of their age or stage.
RESP
The most common saving tool for minor children is a Registered Education Savings Plan. An RESP is a tax deferred savings plan used to fund post-secondary education costs like trade school, college or university tuition and other expenses.
There are no tax deductions when a parent makes a RESP contribution, but the government provides a Canada Education Savings Grant (CESG) of 20% on contributions of up to $2,500 per year, per child (each named as a beneficiary in the plan), resulting in up to $500 in grants annually…
Here are a few ways to help your children financially, regardless of their age or stage.
RESP
The most common saving tool for minor children is a Registered Education Savings Plan. An RESP is a tax deferred savings plan used to fund post-secondary education costs like trade school, college or university tuition and other expenses.
There are no tax deductions when a parent makes a RESP contribution, but the government provides a Canada Education Savings Grant (CESG) of 20% on contributions of up to $2,500 per year, per child (each named as a beneficiary in the plan), resulting in up to $500 in grants annually…
BCE profit falls 70% as COVID-19 took a bite out of revenues CBC.caBCE profit drops 64% as media, wireless suffer in pandemic BNNBCE profit plunges 64 per cent on higher expenses The Globe and MailBell parent’s Q2 profit plunges as TV, radio assets written down but CEO upbeat Yahoo Canada FinanceBell reports decline in operating revenue, postpaid gross additions in Q2 due to COVID-19 MobileSyrupView Full coverage on Google News
