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Saturday, April 10, 2021
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Tag: RESP

Education

Somali Parents Unaware of Savings Opportunities

Abdikarim Hashi November 22, 2015 No Comments BankEDUCATIONInvestparentsRESPSavingSavingsSmartSaver

Ever since its peak in the early 1990s, Somali immigration to Canada has been moving at a steady pace, with nearly 1,500 new permanent residents in the year 2014, according to Statistics Canada. Despite this…

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Education

Saving With RESPs Not Un-Islamic

Sukaina Jaffer November 16, 2015 No Comments ChildrenEDUCATIONFundHalalIslamparentspostsecondaryRESPSavings

Hussin Masaud, originally from Iraq, has resided in Canada for over 26 years. A father of three, he attests to having Registered Education Savings Plans (RESPs) for all of his kids, who are 14, 11…

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Education

Education Saving Difficult For Newcomers

Dilnawaz Qamar November 9, 2015 No Comments EDUCATIONIndianMentoringparentsRESPSavingSavings

For newcomers to Canada from countries like India, who may be struggling to become financially secure, the government has a number of plans that may be of assistance. The catch — people have to be…

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Education

Pakistani Parents Find Savings in RESPs

Tazeen Inam November 2, 2015 No Comments EDUCATIONFundInvestInvestmentPakistanPakistaniRESPsaveSavings

For many immigrants arriving in Canada, quality education for their children is top of mind when they get here. Although high school education is free in Canada, post-secondary education is quite expensive. In order to…

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Education

New Immigrants Struggle to Save for College

Marieton Pacheco October 14, 2015 No Comments ChildrenCollegeEDUCATIONexpensesRESPsaveSavingsUniversity

In today’s economy, Filipina-Canadian healthcare worker Bing Orense struggles to save for her children’s education. Still, she puts in $150 every month for two of her kids — Jenny, 15, and NJ, 12 — knowing it will…

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