RRSP, RESP, TFSA…all of those are financial planning acronyms, but what do these mean?

All with different benefits and all with different tax consequences. The government generally doesn’t like to give benefits to the people but they do. What's the right plan when saving money and how will it ultimately get used? Let us be the guide to explain the pros and cons of all these excellent tools so you don’t miss out on the opportunity.

• Registered retirement savings plans
• Registered education savings plans
• Tax free savings account