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Start Saving Now for September: Your RESP Checklist Before the School Year Hits

  Canadian Money Brief · Family Finance September feels a long way off on July 1. That's exactly why now is the right time to look at your child's RESP — not in late August when the school supply list arrives and the grant math gets rushed. If you have a Registered Education Savings Plan (or you've been meaning to open one), here's what to check right now, and why the calendar year — not the school year — is what actually matters. Why July, Not August The Canada Education Savings Grant (CESG) — the government's 20% match on RESP contributions — runs on the calendar year , not the school year. Grant room for 2026 resets on a January-to-December basis, and it doesn't carry any special "back to school" deadline. But summer is genuinely the best time to check your numbers, for three reasons: You still have six full months left in the year to top up if you're behind. Contributions made now have more time to grow before your child needs the money. You av...
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Historic Verdict: Donald Trump Found Guilty on All 34 Counts in Hush-Money Trial

 


Former President Donald Trump was found guilty on all 34 felony counts in his criminal hush money trial. This historic verdict marks the first time a former U.S. president has ever been tried or convicted in a criminal case. The charges stem from falsifying business records to cover up a $130,000 hush-money payment to adult film actor Stormy Daniels just 11 days before the 2016 election. The jury’s decision came after deliberations on the second day of the trial.

The sentencing for Trump is scheduled for July 11, which interestingly falls just four days before the Republican National Convention. The potential penalties he faces include a fine, probation, or up to four years in prison. Reactions to the verdict have been intense, with Trump’s potential running mates criticizing the decision and Democrats asserting that it demonstrates his unfitness to serve.

In the aftermath of the verdict, former Democratic nominee Hillary Clinton playfully referenced the news during an award presentation at the Kennedy Center in Washington, saying, “Anything going on today? Well, I have to tell you, there’s nowhere I’d rather be than right here”  Senate Majority Leader Chuck Schumer succinctly stated, “No one is above the law” in response to the verdict. Meanwhile, Trump’s legal team plans to appeal the decision, emphasizing concerns about the trial venue and timing.

This trial has significant implications, as it marks a pivotal moment in U.S. legal history and underscores the principle that no individual, regardless of their position, is immune to legal consequences.



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