09/22/2026
A Registered Education Savings Plan (RESP) is one of the most effective ways to save for a child's future education while benefiting from valuable government incentives.
Did you know that contributing $2,500 annually can maximize the Canada Education Savings Grant (CESG), providing up to $500 per year in government grants? Over time, these grants, combined with tax-deferred growth, can make a significant difference in helping fund post-secondary education.
The key is to start early. Even small, consistent contributions can grow substantially over the years and help create more opportunities for the next generation.
If you have children or grandchildren, now is a great time to review your RESP strategy and ensure you're making the most of the available benefits.