Given in Canada, the government encourages parents to save for their children’s education by providing a 20% education grant through an RESP (Registered Education Savings Plan), for most parents it would likely make sense to maximize the “free” money the government provides first. The government will match 20% on the first $2500/annually up to a maximum of $7200 in grants. We would be happy to provide further analysis of your family’s specific circumstances. Contact Protect Your Wealth today to learn more! We proudly service clients in Ancaster, Burlington, Dundas, Hamilton, Oakville, Waterdown, and the surrounding areas.