Anthony Layton MBA, CIM

Chairman & CEO, Portfolio Manager

Peter Guay MBA, CFA

Portfolio Manager
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  • 1.800.875.7566
  • F514.875.9611
  • Place Alexis Nihon
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  • Montreal, Quebec H3Z 3B8

Why you should open up an RESP as soon as possible

September 12, 2017 - 0 comments

Welcome back to “Do It Together” financial planning. I just finished my two-part series on how to hire a nanny for your children and I thought it made sense to segue into another popular question I get from my clients: how can I pay for my children’s education.

Did you know that the average student debt load in Canada is $27,000? As thoughts turn to back to school, paying for your child’s education becomes top of mind and that often means a Registered Education Savings Plan or RESP. In this video, I’ll tell you why an RESP can be a beneficial savings tool for your child’s education and why you should open one as early as possible. Here’s a hint, both levels of government contribute to it.


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