The government says that means the average university arts and science undergraduate student would save about $660 and the average college student would save $340.

Where are the most expensive and cheapest places in Canada for day care costs and university tuition fees? We take a look.

University tuition fees keep rising relentlessly across most of the country. On average, undergraduates pay 40 per cent more in tuition than they did 10 years ago.

A new CIBC poll suggests four out of five parents aren't able to accurately estimate university tuition fees, with many also not understanding how RESPs work.