A grant from the Government of Canada paid directly into an
RESP that could provide 20, 30 or 40 cents for every dollar
saved for a child's education, depending on your income.
A Government of Canada grant to help modest-income families
save for their child's education. The Government of Canada will
put $500 into your child's RESP in the first year, and $100
more each following year if: * Your child was born after December
31st, 2003 and * You get the National Child Benefit Supplement
(NCBS)
The Lifelong Learning Plan (LLP) lets you withdraw money from
your RRSP (Registered Retirement Savings Plan) to pay for training
or education for you, or your spouse or common-law partner.
