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Supporting Your Child's Education Goes Way Beyond Starting an RESP

When I became a parent 15 years ago, I knew it was important to save for my daughter's education. While our income didn't allow for large RESP contributions, we made regular ones, supplemented by money she received, often as gifts, along the way. But with my daughter a mere three years away from post-secondary school, I've learned that my role as a parent extends well beyond helping her finance an education.

RBC Rakes It In

TORONTO - Strong performance at RBC's Canadian operations helped the country's largest bank increase its fourth-quarter profit to $2.33 billion, up 11 per cent from a year earlier.Royal Bank of Canada...

RBC Warns Of Layoffs

TORONTO - Royal Bank of Canada (TSX:RY) expects an undetermined number of job losses as it refocuses its RBC Wealth Management division.An RBC Wealth spokeswoman confirmed Friday that RBC will exit it...

New Heights Of Profit

TORONTO _ Canada's largest bank is hiking its dividend for common shares by six per cent after reporting a record third-quarter profit that beat analyst estimates. Royal Bank of Canada (TSX:RY) said F...
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How to Budget For University

By now, most students planning to start college or university in the fall are beginning to think seriously about what needs to be done before their classes start. So how do we help students prepare for the coming year? A good starting point would be by taking some time now to review and discuss the following questions.

Royal Bank Q1 Profit Rises

TORONTO -- The Royal Bank has seen the growth of its consumer lending business slow down and that's a good thing, RBC chief executive Gord Nixon said Wednesday. "I think there is no question that cons...

Brace Yourselves

OTTAWA - The Royal Bank of Canada (TSX:RY) says the ability of Canadians to keep up with housing costs has been improving of late, but warns that's about to change.RBC's latest housing affordability m...

Mortgage Rate War Is Back

UPDATE: Another big Canadian bank has lowered some of its mortgage rates slightly after an initial reduction by the Royal Bank over the weekend. TD Canada Trust (TSX:TD) now has a posted discounted ra...