Government of Canada

Savings Plans

Savings Plans

Just for Families and Children:

  1. Canada Learning Bond
    The Canada Learning Bond (CLB) program provides a $500 bond for children born to families who receive the National Child Benefit Supplement under the Canada Revenue Agency's Canada Child Tax Benefit program.
  2. Canada Education Savings Grant (CESG)
    The Canada Education Savings Grant (CESG) program provides grants to Registered Education Savings Plan (RESP) contributors until the beneficiaries reach the age of 17.
  3. Registered Education Savings Plan (RESP)
    The Registered Education Savings Plan (RESP) allows savings for education to grow tax free in a special savings plan registered by the Government of Canada until a child named in the RESP enrols in a post-secondary education program.

Families and Children can also receive:

  1. Registered Retirement Savings Plan (RRSP)
    The Registered Retirement Savings Plan (RRSP) program allows savings for retirement to grow tax free in a special savings plan registered by the Canada Revenue Agency.
  2. Canada Savings Bonds
    The Canada Savings Bonds (CSB) program issues, sells and makes interest payments on CSB and Canada Premium Bonds (CPB).

See all Savings Plans programs and services.