Investments

Post-secondary education is expensive, and it's expected to become even more so in the future. The sooner you start to save, the more you can do with the money you have. There are many different types of investments that can help you save for post-secondary education for your or your child.

Registered Education Savings Plans (RESPs) are set up by the government to help people save for their children's educations. By putting money away each year, you can ensure that your child will have money available to attend post-secondary school.

Term deposits guarantee you a set return on your money over a fixed period of time, which can be very beneficial when saving for a specific date in the future.

With mutual funds*, the potential exists to make more money than a term deposit but a return is never guaranteed. Even with a mutual fund that invests in guaranteed government bonds there is an element of risk.

Remember that the key to investing toward a post-secondary education is to start as early as possible and make sure that your investment will help you achieve your specific final objective.

If you would like to start an investment plan, we'd love to help:

*Mutual funds and related financial planning services are offered through Credential Asset Management Inc. Mutual funds, other securities and securities related financial planning services are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. Credential Securities is a registered mark owned by Aviso Wealth Inc.
 

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For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.

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