Canadian RESP Grants at a Glance

Canada Education Savings Grant (CESG)

• Grant equals 20% of the first $2,500 of your annual contributions
• Annual maximum of $500 to $600 per eligible child to age 17, depending on family income
• Lifetime amount is $7,200

Learn more about the Canada Education Savings Grant

Canada Learning Bond (CLB)

• For families with children born in 2004 or later whose parent or guardian is eligible for the National Child Benefit (NCB) Supplement
• One-time initial contribution of $500 to an eligible child’s RESP
• An additional $100 for each year of eligibility until age 15
• Up to $2,000 in total

Learn more about the Canada Learning Bond

Universal Child Care Benefit (UCCB)

Although the $100 per month Universal Child Care Benefit is not an education grant, it is an excellent source of funds for parents who wish to start an RESP for their children.