Financial Education Center
Empowering Canadians with the knowledge and resources they need to make informed financial decisions and secure their financial future.
Education Funding
Navigating the complex world of education funding in Canada can be challenging. Here's a comprehensive guide to help you understand your options.
Federal and provincial funding options
The Canada Student Financial Assistance Program provides loans, grants, and scholarships to full-time and part-time students. Provincial programs offer additional support tailored to local needs.
Non-repayable financial assistance
Thousands of scholarships and grants are available based on academic achievement, financial need, field of study, or personal background. Unlike loans, these don't need to be repaid.
Long-term education savings
Registered Education Savings Plans (RESPs) allow families to save for education with government grants adding to contributions. Various tax credits can also reduce education costs.
Earn while you learn
Many institutions offer work-study programs that provide part-time employment opportunities on campus, allowing students to earn money while completing their education.
Housing Support
Whether you're looking to rent or buy, there are numerous programs designed to help Canadians secure affordable housing.
Federal and provincial incentives
Programs like the First-Time Home Buyer Incentive, Home Buyers' Plan (HBP), and the First-Time Home Buyers' Tax Credit help make homeownership more accessible.
Support for tenants
Various rental subsidy programs help low to moderate-income households afford suitable rental housing, with benefits varying by province and municipality.
Community-based housing alternatives
Housing co-operatives provide an affordable alternative to renting or buying, with members collectively owning and managing residential properties.
Support during financial hardship
Programs offering temporary financial assistance to prevent eviction or help with emergency housing needs during times of financial crisis.
Financial Literacy
Developing strong financial literacy skills is essential for making informed decisions about money management, savings, and investments.
Managing your money effectively
Learn how to create and maintain a budget that helps you track income, manage expenses, and achieve your financial goals through practical planning techniques.
Controlling and reducing debt
Discover effective approaches to managing different types of debt, including student loans, credit cards, and mortgages, while maintaining a healthy credit score.
Building wealth over time
Understand the basics of investing, different investment vehicles, risk assessment, and strategies for long-term financial growth in the Canadian market.
Securing your financial future
Learn about retirement savings options in Canada, including RRSPs, TFSAs, and pension plans, and how to create a sustainable retirement strategy.
ReLief University
Filter by Category
Maximizing your tax credits
A Guide for Canadian Homebuyers and Students
The Costly Pursuit of Knowledge
How to make objectives and key results work for your company
The Canadian Housing Affordability Conundrum
Balancing Rent and Ownership
Navigating the Canadian Rental Market
Tips for Tenants
Navigating the Maze of Canadian Student Loans
Tips for Smart Borrowing
First-Time Homebuyers in Canada
A Step-by-Step Guide to Getting Started
The True Cost of Higher Education in Canada
Planning Ahead for Success
Renting vs. Buying in Canada
What's Right for you?
Smart Budgeting: Mastering Your Finances for Housing and Education in Canada
Managing your finances to cover housing and education expenses can be a daunting task, especially with rising costs in both areas. In this post, we'll explore effective budgeting strategies that will empower you to tackle these significant financial goals while ensuring your overall stability.
Why Canadian Students Should Start Saving for Education Early
Education costs in Canada are on the rise, making it more important than ever for students and parents to start saving as early as possible. In this blog post, we'll discuss the benefits of early savings for education, the various savings vehicles available, and how to maximize your contributions to achieve your educational goals.