Breaking News: RESP Bill gets Killed
March 14th, 2008 • Related • Filed Under
The RESP bill proposed by Dan McTeague which would allow RESP contributions to be tax-deductible like contributions to a Registered Retirement Savings Plan (RRSP) has been effectively killed. The House of Commons passed a confidence motion yesterday to that effect.
You can read more about the story here.
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Comment by Traciatim on 14 March 2008:
This is a great thing, it should have been done in the budget from the start. Now it will still be an issue for next year, but done properly and planned for.