RESPs

Registered Education Savings Plan (RESP)

Looking for a way to save for your children's education?

We have government approved plans to assist you in saving for your children's education. Income earned within the plan is tax-sheltered until it is withdrawn. In addition, the Canada Education Savings Grant, a Government of Canada program, allows eligible RESP beneficiaries to receive grant monies based on the annual contributions paid into the plan.

Once a student is enrolled in a post-secondary institution, payments may be drawn from the RESP for education related expenses and are taxable to the beneficiary.

Planning today for tomorrow is the smart way to realize your family's education goals.

 

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