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Have you made your RESP contributions this year? Unlike an RRSP, you don't get a tax deduction for making an RESP contribution. But if you want to be eligible for matching government grants in 2023, make sure you’ve made your contributions by December 31! Here are a few grants available to help boost your RESP savings: 1. The Canada Education Savings Grant (CESG) matches 20% on the first $2,500 of your eligible contributions each year. Receive up to $500 per year per beneficiary under 18 to a ma
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Did you know that Eligible RESP contributions can earn a matching 20 percent from the Government's Canada Education Savings Grant (CESG) (up to $7200 for each child). When you open an RESP account with CIBC Investor’s Edge, you can grow your investments tax-free. Within this account, you can buy stocks, ETFs, mutual funds or types of investments and the platform offers a learning portal with videos and other resources to help you make choices suited to your needs. Visit www.investorsedge.cibc.
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On March 11, 1848, the Reform government of Louis-Hippolyte LaFontaine and Robert Baldwin came into power in the Province of Canada. It was the first time that a government operated under the principle of “responsible government”, where the executive (the government) is accountable to the elected Assembly, not appointed officials. Watch this new video to learn more about how Canada’s system of responsible government works. | Parliament of Canada
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