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

There are no office hours

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

• Children in care, for whom a Children's Special Allowance is payable, automatically qualify for the Canada Learning Bond

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