Establishing an Education Savings Plan, which includes a Registered Education Savings Plan (RESP) and making monthly contributions is the most convenient and tax effective way to ensure you have funds available to help pay for the post-secondary education your children will need to pursue successful careers in their chosen fields. It also enables you to obtain federal education related grants and possibly bonds, if you are eligible.
The Education Savings Calculator will help you develop an effective savings plan to make your children's future post-secondary education goals a reality.
How many children are you building a savings plan for (maximum 4)?
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