Start saving early
The Registered Education Savings Plan (RESP) is a tax-sheltered plan that can help you save for a child’s post-secondary education. Savings grow tax-sheltered, and the government adds grants to your contributions.
Free money from the government
- Canada Education Savings Grant (CESG): 20% on the first $2,500 contributed each year — up to $500 a year, with a lifetime maximum per child.
- Additional support: lower-income families may qualify for extra grant money and the Canada Learning Bond.
When your child goes to school, withdrawals of growth and grants are taxed in the student’s hands — usually at a very low rate.
Is this right for you?
- Parents and grandparents of young children
- Families who want to use government grants
- Anyone planning for a child's education
Frequently asked questions
What if my child doesn't go to school?
There are options — the plan can be transferred to a sibling, contributions can be returned, and growth may be moved to an RRSP in some cases.
How it works
Talk to Brinder
Tell us about you and what you need — by phone, email or in person.
Compare options
We compare plans and explain the differences in plain language.
Get covered
We help you apply, then stay with you for renewals and claims.