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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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Canada Post Workers Begin Nationwide Strike, Disrupting Deliveries

 


Canada Post workers have initiated a nationwide strike today, following a breakdown in negotiations with their employer. The Canadian Union of Postal Workers (CUPW) announced that approximately 55,000 postal workers are participating in the strike, which began at 12:01 a.m. Eastern Time.

The strike comes after nearly a year of bargaining with little progress on key issues such as fair wages, safer working conditions, and job security. The union had issued a 72-hour strike notice earlier this week, but efforts to reach a negotiated agreement failed.

Canada Post has warned that the strike will significantly disrupt mail and parcel deliveries, especially with the busy holiday season approaching. The Crown corporation stated that mail and parcels will not be processed or delivered during the strike, and some post offices will be closed.

The federal government has appointed a special mediator to assist in the negotiations, but as of now, there is no resolution in sight.

The strike is expected to have a widespread impact on Canadians and businesses relying on postal services for their operations and holiday preparations.


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