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Paying for College in Canada Through RESPs and Grants
The article urges Canadian families to plan early for postsecondary costs, citing tuition, living, and travel expenses that can total around 15 000 per year, rising to 20 000 with inflation. It explains two RESP types, tax advantages, and federal programs CESG and CLB, plus provincial incentives, with Peter Lewis noting the importance of saving for a diploma or degree.
MENTIONED IN THIS ARTICLE
Canada
Alberta
Quebec
Respdac.com
Hrsdc.ge.ca