(French version follows English/La version française suit la version anglaise.)
There has been no shortage of news over the past several days following the Brexit decision in the United Kingdom. Last week the United Kingdom held a referendum on whether to remain or withdraw from the European Union with a landmark decision to leave, albeit with a slim margin of 52% to 48%.
The headlines about recent stock market challenges may be raising some concerns out there.
Hearing about slumping Chinese stocks may spark some fears about the global economy.
If you've invested in a CST RESP, you can rest easy.
"Our focus is not volatility in the short run," said Peter Bethlenfalvy, Chief Investment Officer with CST Consultants Inc. "Our client's money is invested with a long-term horizon."
"Eligible BC children will have more money to help pay for college, university or other training programs.”
It’s an exciting time for families in British Columbia (BC) who now have an opportunity to access $1,200 in grant money to help their children’s dreams for the future come true with a Registered Educations Savings Plan (RESP).
Parents across Canada will be enjoying a bit more wiggle room in their budgets this month thanks to an increase in the Universal Child Care Benefit (UCCB).
The UCCB program is not only being extended to include children ages 6 through 17 but will also see an increase of $60/month per child for those who were already enjoying the benefit.
Imagine if someone promised your child $800 to help fund their education but it was taken away? That’s what happened with the Alberta Centennial Education Savings (ACES) grant and Alberta parents are concerned about it.
We had Leger conduct a survey and the results tell us an important story about how families in Alberta want the NDP to bring back the RESP grant.
It's Graduation Season for high school students and that means parents can collect RESPs for first time!
For returning post-secondary graduates, it's also time to start looking at collecting your money from your RESP.
Now that we can finally say good-bye and good riddance to winter it’s time to get our households in order.Springtime always means spring cleaning in our home but it shouldn’t stop short at just your cupboards and closets.As parents, we should also take a good inventory of what’s been happening with our finances over the fall and winter months and get back on track.
Reporters have often asked us, if someone is only able to focus on eliminating three bad spending habits, which would you say are most important and why?
This blog was written by Peter Lewis. Peter is the Vice President at Canadian Scholarship Trust Foundation and was active in securing the Alberta Centennial Education Savings grant nearly a decade ago.
With a new government poised to lead Alberta, it’s a good time for the newly elected premier to reflect on what matters most to families. Is it education, health, financial well being, or all of the above? Whatever it may be, last night’s election results showed Albertans wanted change.
