Question: Part 2 (2 marks - 1 mark each) (i) For tax purposes, it is better for Owen's parents to gift money to Owen for Ellie's

Part 2 (2 marks - 1 mark each) (i) For tax purposes, it is better for Owen's parents to gift money to Owen for Ellie's RESP and have him contribute the amount to her RESP as the subscriber. Why? (ii) In what year will Ellie receive the last of the Canada Education Savings Grant if Owen's parents continue to gift $2,500 every December and Owen continues to contribute the amount to Ellie's RESP right away? Please explain. Part Reason 2(1) Part 2 Year and explanation (ii)

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