What happens to an RESP for grandchildren when you die?
Opening an RESP is a great way to contribute to your grandchildren’s education costs. But what happens if you...
helping children financially
Can you help your kids financially without compromising your retirement?
A Certified Financial Planner explains what to think about before helping your kids with a gift or loan.
Can you save on taxes by owning an investment account with your child?
Jointly owning an asset with a child comes with tax and estate implications. Here’s why it may not be...
How much does it cost to raise a child in Canada?
Inflation has made daily living more expensive, especially if you have kids. Find out how much it will cost...
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How to claim a child’s income below the basic personal amount
Even if a child’s earnings are exempt from income tax, they may be entitled to tax credits or deductions....
The best ways to help kids financially
You don’t have to be rich to give children a good start in life. Here are six strategies to...