Education Savings

Education Savings

Many parents wonder how much to save for their child's education. They also wonder how soon they should start. The answer is simple. Save Early, Earn More. Even small savings each year will translate into substantial savings later.

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Services and information

Canada Education Savings Grant (CESG)

Information on money paid by the Government of Canada up to a maximum of $7,200, to encourage parents, friends, and family members to save early for the post-secondary education of a child.

Registered Education Savings Plans (RESPs)

Information on the tax-sheltered education savings account that can help you, your family, or friends save for a child's education after high school.

Canada Learning Bond for those under 18 years old

Information on money paid by the Government of Canada up to a maximum of $2,000, to help parents, friends, and family members save early for the post-secondary education of a child.

Canada Learning Bond for 18 to 20 year olds

Up to $2,000 to help students pay for post-secondary education.

Provincial education savings incentives

Information on provinces like British Columbia and Saskatchewan may add money to a Registered Education Savings Plan (RESP).

Resources for RESP promoters

Technical information intended for Registered Education Savings Plan (RESP) and Canada Education Savings Program promoters.

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