As we head into the summer, we know that September will be here before we know it. And with that, many high school graduates will be heading off to post-secondary, and many parents and caregivers will be supporting them financially.

To no surprise, the cost of post-secondary education in Canada continues to rise.

What’s the Big Deal?

The news coming out of the USA that up to $10,000 of student debt was being eliminated for most students by the government has dominated the news these days as we once again approach the beginning of school.

And it’s no wonder why that’s such a big deal as post-secondary costs continue to rise not just in the USA, but right here in Canada.

Saving for your children’s education can be tricky. For low-income families it can be even trickier. The Canadian government has a program to help those families: the Canada Learning Bond (CLB).

They’ve picked their program. They’ve said goodbye to their high school friends. They’re excited to kick start their future at college or university. They’re also a bit nervous.