REGISTERED EDUCATION SAVINGS PLAN
INVEST IN YOUR CHILD'S FUTURE
To encourage education savings, the Government of Canada and some provincial governments provide annual grants based on how much you contribute to your child’s RESP.
Combined with your regular contributions, this generous government assistance deposited in your RESP gives a significant boost to your savings.
Depending on your family income, you could be eligible for an additional grant. All your investments, grants and interest grow tax free until withdrawal.