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Ontario Blocks Peel Teacher Layoffs After Taking Over School Board

  Ontario Education Minister Paul Calandra speaks at an announcement at a school in Ottawa, on Friday, Dec. 5, 2025. Ontario has stepped in to take control of the Peel District School Board, stopping a plan that would have resulted in 60 teachers losing their jobs and disrupted learning for more than a thousand students. Provincial Oversight Triggered by Concerns The province moved to assume control after identifying ongoing issues with the board’s financial management and governance. Education officials described the layoffs as an urgent concern that required immediate intervention to protect classroom stability across Mississauga, Brampton, and Caledon. Part of a Wider Pattern Peel is now one of several Ontario school boards placed under provincial supervision as the government responds to what it describes as systemic challenges in board operations. Another board, the York Catholic District School Board, has been asked to justify why it should not face similar action. What...
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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 One of the key benefits of RESP is that it allows your savings to grow tax-free until the funds are withdrawn.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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