Canada. Canada Learning Bond

Contact Information

Description and Service Details

Description (Service)

Contributes into a Registered Education Savings Plan (RESP) to help parents save for a child's education after high school

  • up to $2,000
  • tax free
  • apprenticeship programs, CEGEPs, colleges, trade schools, or universities
  • RESP can stay open for 35 years


Note: The child can still use the Canada Learning Bond in the RESP if they decide to delay their studies after high school until later in life

Hours

There are no office hours

Areas Served Canada
Eligibility
    Children born on or after January 1, 2004
  • who are residents of Canada
  • who have a valid Social Insurance Number
  • who are from low-income families
    Must be under 21 yo at the time of the application

Eligibility is based, in part, on the number of qualified children and the adjusted income of the primary caregiver
  • Children in care, for whom a Children's Special Allowance is payable, automatically qualify for the Canada Learning Bond
Application

Individuals applying on behalf of a child must have a Social Insurance Number (SIN) for themselves and for the child and then open a Registered Education Savings Plan (RESP), through an approved RESP promoter (click here for the list of promoter). Once the application is approved, the Government of Canada will directly deposit the Canada Learning Bond into the RESP every year that the child is eligible.


  • Visit the website for more details
Languages English; French
Fees None

Site Information

Located In Community Gatineau
Address & Map
Gatineau, QC
Canada J8T 6G3
 
View Google Map
Mailing Address c/o The Canada Education Savings Program, Employment and Social Development Canada, 140 promenade du Portage, Mailstop: Bag 4 
Gatineau, QC 
Canada K1A 0J9
Physical Access Not Applicable

Categories and Classification

Service Categories Education Savings Accounts

Agency Overview


Any omissions are unintentional and HIP disclaims any liability for unauthorized use or reproduction of any portion of this site. For a complete copyright and license statement please refer to our Terms of Use.