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If you have kids, you’d better not miss these year-end tax tips | Unique Accounting Services

RESPs allow for tax-efficient savings for (grand)children’s post-secondary education. The federal government provides a Canada Education Savings Grant (CESG) equal to 20 per cent of the first $2,500 of annual RESP contributions per child, or $500 annually, up to a lifetime maximum of $7,200 (per child).

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