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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 Arrest Warrant Issued for South Korean President Amid Political Turmoil


In a historic move, a South Korean court has issued warrants to detain impeached President Yoon Suk-yeol and search his office. This unprecedented decision follows Yoon's controversial declaration of martial law earlier this month, which has plunged the nation into its most significant political crisis in decades.

The Seoul Western District Court approved the warrants after the Joint Investigation Headquarters requested them, citing allegations of insurrection and abuse of power against Yoon. Yoon, who has been suspended from his duties since December 14 following a National Assembly vote for his impeachment, faces possible life imprisonment or the death penalty if convicted.

Yoon's brief imposition of martial law on December 3 led to widespread political turmoil, halting high-level diplomacy and rattling financial markets. Despite repeated requests by investigative authorities, Yoon has refused to appear for questioning or allow searches of his office.

The court's decision marks the first time South Korean authorities have sought to detain a sitting president. The anti-corruption agency investigating Yoon's actions has no immediate plans on how to proceed with the court-issued warrants, given the potential for clashes with the presidential security service.



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