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Syria's Deadliest Days: Over 1,000 Killed in Clashes and Revenge Killings

In a tragic escalation of violence, over 1,000 people have lost their lives in Syria during two days of intense clashes and revenge killings. The conflict erupted between Syrian security forces and loyalists of ousted President Bashar al-Assad, with sectarian violence targeting the Alawite community, a key support base of the former regime. The Britain-based Syrian Observatory for Human Rights reported that the death toll includes 745 civilians, 125 government security personnel, and 148 militants. The violence has left areas like Latakia without electricity and water, further deepening the humanitarian crisis. The revenge killings, primarily carried out by Sunni Muslim gunmen, have devastated Alawite villages, with reports of targeted shootings, looting, and arson. Thousands have fled to the mountains seeking safety, while bodies remain unburied in the streets of towns like Baniyas. This marks one of the deadliest episodes in Syria's 14-year conflict, raising fears of further inst...
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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 One of the key benefits of RESP is that it allows your savings to grow tax-free until the funds are withdrawn.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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