• Registered Education Savings Plans (RESP)
• Registered Retirement Savings Plan (RRSP)
• Tax Free Savings Account (TFSA)

RESP : When building a house, you start with a solid foundation before you start framing the structure.  RESP is one of the best ways your child’s (grandchild’s) financial foundation can be set up for success.

It’s a savings product opened by anybody ( parent, grandparent, guardian, friend, etc ) who wants to save for a child’s post-secondary education. Contribution to an RESP attracts a government grant of at least 20%.

TFSA : If you are 18 years or older, then  TFSA can be for you. TFSA is a unique savings account that allows you to grow your  savings on a tax-free basis for a personal project. An extremely flexible savings vehicle, you can choose to withdraw funds whenever you want without any tax penalty.