Save for your child's bright future with an RESP

A Registered Education Savings Plan (RESP) is a tax-sheltered government plan that allows you to contribute up to $50,000 for a child’s post-secondary education – whether it’s your child, a grandchild or a friend's child. 

Enjoy the benefits of an RESP

  • Grow your money – Because your RESP is tax-sheltered, the investment earnings will grow untouched until they’re withdrawn.
  • Less tax when withdrawn – When the child begins to withdraw funds for their education, they will pay less tax as they will likely be in a lower tax bracket.
  • Anyone can contribute – Niece, nephew, child of a friend or your own child – you can help make their future education dreams a reality. 
  • Benefit from the Canada Education Savings Grant – The federal government will contribute up to a lifetime maximum of $7,200 to your child's plan. 
  • Grow your money – Because your RESP is tax-sheltered, the investment earnings will grow untouched until they’re withdrawn.
  • Less tax when withdrawn – When the child begins to withdraw funds for their education, they will pay less tax as they will likely be in a lower tax bracket.
  • Anyone can contribute – Niece, nephew, child of a friend or your own child – you can help make their future education dreams a reality. 
  • Benefit from the Canada Education Savings Grant – The federal government will contribute up to a lifetime maximum of $7,200 to your child's plan. 

Ready to put the power of tax-sheltered investing to work for your child’s education?

Need a hand?

Whether you're an investing expert or a total beginner, our experienced team will tailor their advice to help you maximize your child's education savings.

How much will I save?

Our RESP Calculator will help you figure out how much to set aside before your child starts school, and how government grants will help those savings grow.