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Now you can get up to $500 per year deposited into your Registered Educational Savings Plan.

The Federal Government now offers the CESG where a grant of 20% is paid into the beneficiary's RESP, to a maximum amount of $500 per year until the year of the beneficiary's 17th birthday. The $500 is deposited right into the beneficiaries RESP where the funds are invested.

With the introduction of the grant saving for future education funding makes sense.

 
The Next Step
 
You need to decide on the best investment vehicle to reach your savings goals. The most popular educational savings vehicle today is the Registered Educational Savings Plan, or RESP, as it is commonly known. You also have other options, including an In-Trust Account and a Scholarship Trust Fund.
 
Here's where we can help!
 
We prepare and review a comprehensive plan to help you reach your goals, we then help you decide on the best options for investing and building your portfolio.

 

 

Additional Information
Benefits of Education Planning
  • Open a tax advantaged account
  • Earn tax sheltered growth
  • Take advantage of grant deposits
  • Apply for a Canada Learning Bond
Visit our Learning Centre
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The Value of Advice Get independent thinking working for you
Canadians with financial advisors are more confident about their future.

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The Value of Advice
Reviewing your Education Savings Plans? We encourage you to talk to us. Click here, if you would like to discuss your education planning or to receive information by mail. Not a GP client yet? Find out more about:
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