Skip to main content
Mother and Daughter Learning Together

Registered Education Savings Plan (RESP)

 
 

Help a child plan for their future

Registered Education Savings Plans (RESPs) are tax-sheltered savings plans registered by the Canadian government. They are a great way to invest in a child’s post-secondary education.

The cost of education seems to always be going up and opening an RESP is a good way to set aside money for the future even if you don’t have the extra cash to invest.

 
 

Why start an RESP?

Dollar Sign

Get FREE money

The federal government adds to your RESP savings each year through the Canada Education Savings Grant.

Select Icon

​Maximize your investment

Contributions grow tax-free while they remain in the RESP.  That means your savings can grow faster.

Two Overlapping Dollar Bills

​Pay less tax

When your child starts college or university, funds withdrawn from the RESP are taxed in the child’s name.

Hand Holding Bag of Money

​Access additional grants

Lower income families may also qualify for the Canada Learning Bond.

Upward Arrow

No downside

If your child does not pursue post-secondary education, you have options.

Make an appointment today

Select Image
 

Take a look at...

​Financial Planning

Let our investment advisors guide you on the right path to your financial success. 

TFSAs

Grow your savings tax-free with a Tax-Free Savings Account.  

Line of Credit

Borrow what you need, pay the interest monthly and the balance when you’re ready.