Our daily blog offers selected news of interest to SmartSAVER’s stakeholders and shines a light on the creative ways that communities are promoting the Canada Learning Bond. Stay up to date, read what others are doing and share your own story.

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We hope our blog will create conversation and support the exchange of ideas.

We’d love to hear from you! Tell us about your CLB promotion or share tips to engage eligible families. Do you have a question for the community? Submit your stories, ideas and questions to info@SmartSAVER.org and we’ll share it on our blog.


IN THE NEWS: May 16, 2017

Today’s news includes information about equity in education and financial literacy.


What Appeals to Parents About Children’s Savings Accounts? Findings from a Survey of Low-Income Parent (USA)
CFED. May 15, 2017.

We Need To Stand Up For Kids In Care
By Valerie McMurtry, President & CEO, Children’s Aid Foundation
Huffington Post Canada Parents. May 12, 2017.

Families encouraged to sign up for grants for children’s post-secondary education
Nanaimo News Bulletin. May 11, 2017.

Nunavik school board’s prez says province partly to blame for diploma debacle
CBC News North. May 11, 2017.

Why paying for tuition no longer means carrying a pesky monkey on your back
Council of Ontario Universities. May 16, 2017.

Toronto dance program aims to keep Indigenous youth in school
Metro Toronto. May 15, 2017.


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Saskatchewan Families Should Hurry. Provincial RESP Grant Stops at the end of 2017.

On March 23, 2017, the CESP issued the following notice to RESP promoters: Saskatchewan Advantage Grant for Education Savings (SAGES) Announcement Information Bulletin


Purpose
This information bulletin is to advise Registered Education Savings Plan (RESP) promoters of a temporary suspension of the Saskatchewan Advantage Grant for Education Savings (SAGES).

Background
On March 22, 2017, the Government of Saskatchewan announced a temporary suspension of SAGES payments into RESPs. You will find the related press release on the government of Saskatchewan web page.

Key dates
SAGES will be suspended, effective January 1, 2018. This means that SAGES will not be paid on contributions made to an RESP after December 31, 2017. The province anticipates that SAGES will resume when the province’s financial situation improves.

Promoter impact
Until more information becomes available, promoters should continue their administration of SAGES as usual. The Canada Education Savings Program (CESP) will continue to work in close collaboration with the Government of Saskatchewan and will advise promoters of any related developments.

Contact 
If you have any questions regarding this information bulletin, please contact the CESP by e-mail at cesp-pcee@hrsdc-rhdcc.gc.ca or call at 1-888-276-3624. Our hours of operation are from 8 a.m. to 5 p.m. Eastern Time.


Source: Canada.ca. ESDC InfoBulletins: RESP, CESG, and the Canada Learning Bond. March 23, 2017.

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