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Suzy Brown
Carolyn Bate
Priscilla Ncube
Jacqueline Tang

Tel: 416-359-4500

Address
1 First Canadian Place
40th Floor
Toronto, ON
M5X 1H3
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Education Planning

As the costs of post-secondary education continue to rise at a rate of about 5% per year, many parents and grandparents are looking for ways to maximize savings.

There are many investment tools available to assist in funding a higher education. What's right for your situation depends on many factors, including your net worth, the ages and number of children involved, and whether or not you want to surrender the right to later take back the principal you have contributed.

Your chosen strategy can include a Registered Education Savings Plan (RESP), which shelters from tax the income on your investments - and provides access to direct contributions from the federal government through the Canada Education Savings Grant
(CESG). Alternatively, you can decide to establish a formal trust which may offer greater
flexibility in some areas.

You can read more about you options by clicking: Education Planning