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Government grants |
Government grants are designed to help you save!
The government wants Canadians to plan ahead for the cost of sending their children to post-secondary school, so they offer grants and incentives to help.
More money into your plan
When you save with an RESP, the Canada Education Savings Grant (CESG) and other federal and provincial incentives help you save more by matching some of the money you contribute – making your savings work harder!
Tax-sheltered growth
Your government grant money is invested along with your own contributions, so it can earn income while being sheltered from tax until your plan matures.
Your child receives the benefit of the grants and any income they’ve earned as part of their education assistance payments (EAPs) when they go to school.


