If you are able to save up for your studies, you’ll be a winner twice over.
1- Student Savings Account
- 12 month term
- redeemable before maturity
- higher interest rated than a Regular Savings Account
2- Lifelong Learning Plan (LLP)
Allows you to withdraw funds from your RRSP tax-free to finance your or your spouse’s full-time studies or training.
Save for the post-secondary education of children close to you
Start saving early for the post-secondary education of children close to you. Contribute to a Registered Education Savings Plan (RESP).
This will help you build capital for your children’s, grandchildren’s or any close child’s future post-secondary education.