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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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Don Davies Appointed Interim Leader of NDP Amid Party Transition

 

In a significant shift for the New Democratic Party (NDP), British Columbia MP Don Davies has been appointed as the interim leader following the resignation of Jagmeet Singh. The decision was made by the party’s federal council, which convened after the NDP’s disappointing performance in the recent federal election.

Davies, who previously served as the party’s health critic, played a key role in negotiating dental care and pharmacare legislation with the Liberal government. His leadership comes at a critical time, as the NDP faces challenges after losing official party status, with only seven seats remaining in the House of Commons.

The party has yet to determine the rules and timing for a leadership contest to select a permanent leader. In the meantime, Davies is expected to focus on rebuilding support, strengthening party infrastructure, and advocating for core NDP policies, including public health care, affordable housing, and fair taxation.

With the NDP at a crossroads, Davies’ leadership will be instrumental in shaping the party’s future direction and strategy. His experience and commitment to progressive policies may help the party regain momentum in the coming months.


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