Post-secondary education costs are becoming more and more expensive, leaving students and parents with an ever increasing challenge of funding this expense.
That's where a Registered Education Savings Plan* (RESP) from respCanada.org can help. It's a government approved tax-shelter that allows you to put money away for your child's university or college education.
The Canadian Government Works With You And Us - To Make Your Child's Dream Come True
Through the Canada Education Savings Grant (CESG) program, the government will contribute up to 40% on the first $500 and 20% on the next $1,500 deposited each year to your child's RESP, to a lifetime maximum of up to $7,200 of CESG.** . They actually reward you when you save! Not only that, the money you invest is tax-sheltered, so you and your child both win!
