As parents, we frequently envision securing the finest education for our children. In Canada, the expenses associated with post-secondary education are continuously escalating, posing a substantial financial concern for numerous families. To assist parents in preparing for their children’s educational expenses, the Canadian government established the Registered Education Savings Plan (RESP). However, a central inquiry persists: Can you cover your child’s entire educational expenses with an RESP in Canada? This blog aims to elucidate RESP, its advantages, constraints, tactics to optimize this savings instrument, and most crucially, whether it can contribute to funding your child’s complete education. Additionally, we’ll explore the inclusion of student insurance to ensure comprehensive protection for your child’s educational journey.