Registered Education Savings Plan (RESP)

Members may subscribe to a Registered Education Savings Plan (RESP), which is a government approved plan for the purpose of providing post-secondary education funding for one or more beneficiaries. Income on the plan grows tax-free until it is withdrawn.

The Government of Canada encourages RESP savings by adding money to your RESP through the Canada Education Savings Grant (CESG) and the Canada Learning Bond.

Our RESPs are administered by Concentra Financial, our trust services provider.

All you need in order to open an RESP is your Social Insurance Number and the Birth Certificate and Social Insurance Number of your beneficiary.

For more information on the RESP please visit www.hrsdc.gc.ca or call 1-800-O-Canada (1-800-926-9105), or ask your branch for a free pamphlet called "RESPs - Planning For The Future"

DEPOSIT INSURANCE IDENTITY THEFT INVESTING RATES SERVICE FEES

Life Events Calculators:

Cool Million Education Savings Compound Interest Savings Savings Goal Rate Comparison Net Worth Retirement Planner Life Expectancy Risk Tolerance RRIF