| Canada Education Savings Grant (CESG) |
Get a Grant worth up to $7,200The federal government's Canada Education Savings Grant (CESG) will match your annual RESP contributions by 20%, 30%, or 40% depending on your family income. This adds up to additional contributions ranging from $500 to $600 per year for each child, to a maximum of $7,200 over the life of the plan. Learn more. We'll make sure you get the money you’re entitled to.We'll even take care of the paperwork for you, and ensure that your grant is deposited directly into your plan. Your grant will be invested in the same secure investments as your contributions, earning the same rate of return over the years, so you'll gain even more. Any unused portion of the CESG can be carried forward to future years. (The maximum CESG that can be received annually is $1,000.) All you need is a Social Insurance NumberTo register your plan under the Tax Act and to qualify your child for the CESG, you'll need your child's Social Insurance Number (SIN). We recommend you get it right away. http://www.hrsdc.gc.ca/ Don’t miss out on the CESG. Click here to Get Started |