Figuring Out Resources
RESP in Canada–The Challenges that Parents Are Facing
Many parents have been using the RESP Group plans since the Canadian government introduced it. Heritage Education Funds, USC, and other dealers are given the responsibility of regulating the registered education saving group plans.
These bodies run the RESP program on behalf of all the parents who are a member of it. The program has been doing well, until recently when many parents started complaining about the program.
Some parents have complained that they are facing a lot of barriers when they want to stop making a contribution to the program. Another …