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Your daily horoscope: March 27, 2026

  IF TODAY IS YOUR BIRTHDAY You don’t generally spend much time questioning who you are and why you are here － you just get on and do what you feel to be right. This year though you will be a lot more introspective, and what you discover about yourself will be fascinating. ARIES (March 21 - April 20): There will be a bit of a party atmosphere as the week comes to a close, most likely because so many people are relieved to have come through the recent turmoil unscathed. Let your hair down and join in the fun － you’ve earned it. TAURUS (April 21 - May 21): Make an effort to get along with everyone today, even though it may be obvious that not everyone wants to get along with you. It’s up to you how you choose to react to people who are needlessly negative in their outlook. Try ignoring them. GEMINI (May 22 - June 21): It may be tempting to exaggerate your own importance but it really isn’t necessary. People in positions of power know what you are capable of and don’t need any further...
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RESP: A Smart Way to Save for Schooling.


RESP is a great way to save for schooling. RESP stands for Registered Education Savings Plan. It is a government-sponsored investment account that helps parents save for their child’s post-secondary education. One of the key benefits of RESP is that it allows your savings to grow tax-free until the funds are withdrawn. This means that any investment income earned within the RESP is not subject to tax as long as it remains in the plan. Additionally, the government provides grants and incentives to encourage parents to save for their child’s education. For example, the Canada Education Savings Grant (CESG) matches 20% of the contributions made to an RESP, up to a maximum of $500 per year. This can significantly boost your savings over time.


RESPs offer flexibility in terms of investment options. You can choose from a wide range of investment products such as mutual funds, stocks, bonds, and guaranteed investment certificates (GICs). This allows you to tailor your investment strategy based on your risk tolerance and financial goals. Moreover, when it comes time to withdraw funds from the RESP, the earnings are taxed in the hands of the student, who typically has little or no income. Since students usually have a lower tax rate than their parents, this can result in significant tax savings.


In summary, RESP is an excellent way to save for schooling as it offers tax advantages, government grants, and investment flexibility. It provides parents with a structured and efficient means of saving for their child’s post-secondary education while maximizing their savings potential.

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