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​Registered Education Savings Plan (RESP)

RESPs are an ideal way to save for your child’s, grandchild’s or loved one’s post-secondary education.

RESPs come in many forms such as Term Deposits, Savings Accounts and Mutual Funds*. Choose between Individual and Family Plans for those with multiple children.


Perks of RESPs


​Earn money through Canada Savings Grant

The Canadian Government matches 20% of your first $2,500 annually so education savings add up quickly. 


​Savings grow
​​tax free

RESP earnings are not taxed until they’re withdrawn for education, at which time some will be taxed to the student. Since students are less likely to owe taxes due to having lower income, you’ll end up saving even more.


​Flexible investment

You have up to 35 years to use the funds. Should your child choose to forego post-secondary education, you may choose a new beneficiary or collapse the plan. 


Saving for Education

Post-secondary education can be expensive. The good news is there are ways to save now so you don’t have to pay for it all in a short amount of time. 


*Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.