Registered Education Savings Plan

A Registered Education Savings Plan (RESP) can be an effective way to save for your child’s education. The rising cost of tuition is making it difficult for families to save enough to afford post-secondary education. In addition to interest earned on your investment, RESPs offer tax benefits and allow you to take advantage of grants from the federal government.

The advantages of opening up a RESP include:

  • May be eligible for the Canadian Education Savings Grant (CESG) and the Canada Learning Bond (CLB)¬†from the federal government
  • Benefit from Tax-deferred growth on your investments
  • Can contribute to a plan as soon as your child is born
If saving for your child”s education is a financial priority to you, we can build a portfolio that matches your tolerance for risk and time horizon. Contact us today to start planning for your child’s future.