Registered Education Savings Plan
Open a No-Fee, Registered Education Savings Plan (RESP) with no contributions required and apply for the Canada Learning Bond. The Canada Learning Bond is a grant from the Government of Canada to help kick-start the education savings account of eligible kids with up to $2,000.
Apply with your choice of BMO Bank of Montreal, Meridian Credit Union, RBC Royal Bank, Scotiabank, TD or Vancity Credit Union.
Who is eligible for the Canada Learning Bond?
Child born 2004 or later; AND
Family has never received the National Child Benefit Supplement (NCBS)
All you need to start is: (1) the Social Insurance Number (SIN), Name and Date of Birth of the child applying, and (2) the Parent/Guardian's SIN and contact information.
The FORT and SmartSAVER do not sell RESPs or investment products.