Why it’s important to get RESPs for your Children
Invest in your future
It's one of the smartest strategies to secure your child's future
Government of Canada contributes to your child’s RESP through its grant programs – CESG and CLB
The money is there when you need it
Free money from Govt. of Canada
$7,200
- Canada Education Savings Grant (CESG)
- Canada Learning Bond (CLB)
- Tax-free compounded growth
Canada Education Savings Plan
(CESG)
- Lifetime maximum grant per child 7,200
- The grant paid corresponds to 20% of annual contributions.
Canada Learning Bond
(CLB)
- $500 the first year.
- $100 per year for subsequent years, until the child's 15th birthday.
- Lifetime maximum per child: $2,000.
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