Education

Education RESPs
You want to provide the very best opportunities for your children today and in the future, but when you're raising a family there’s not usually much left over after all the bills are paid. Our Registered Education Savings Plans (RESPs) are designed to make saving for your children's education a little easier.
RESPs offer:
- interest that’s compounded and tax free until it's withdrawn
- no annual limit for contributions
- maximum lifetime contribution of $50,000 per beneficiary
- $500 per beneficiary per year from the Canadian Education Savings Grant ($1,000 if there is unused grant room from a previous year) up to a lifetime limit of $7,200
- tax on only the accumulated income, not the principal
- transferable funds
- a 21 year investment period
Helping make your dreams come true is just another way we put people 1st.
Call us at 403.320.4600 or ask us for more information.