Our RESP Plans
Group Option Plan

Group
Option Plan

Protection of principal, for disciplined and committed savers.

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Achievers
Plan

Set your own Plan Contribution Target! Enrol at any age.

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Self-Initiated
Option Plan

For those who seek a flexible RESP.

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Government Grants

Canadians are fortunate to live in a country where education is valued. The Canadian Government offers Canadian families The Canada Education Savings Grant (CESG) only through RESPs. The CESG is available to all eligible RESP plan beneficiaries as an incentive to help reach their savings goal.

How does the CESG work?

  • The Government will match 20% of your annual contributions up to $2,500 for a maximum yearly grant of $500 (or even more in some provinces and/or income brackets!)
  • The lifetime limit of the CESG is $7,200 per beneficiary
  • Contributions towards an RESP are not tax-deductible and will not be taxed by the Government when withdrawn
  • Learn more about the CESG here

What other Grants are available?

  • The Canada Learning Bond (CLB) contributes up to $2,000 to eligible recipients
  • Depending on your province of residence, you may be eligible for additional provincial government grants
  • Select your province from the interactive map below to find out more

As part of our commitment to you, your trained Dealing Representative will work your family every step of the way to ensure that you collect all the Government Grants that you are eligible to receive in your RESP. CEFI will apply for all eligible Government grants on your behalf, so you have one less thing to worry about.

At CEFI, we are dedicated to helping you grow your RESP to its maximum potential.

Click on your province or territory to learn more about the Government Grants that you may be eligible to access through an RESP.

Northwest Territories

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Nunavut

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Yukon

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

British Columbia

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details
  • The British Columbia Training and Education Savings Grant (BCTESG)
    The Government of British Columbia has announced the $1,200 BCTES Grant. It is available for all children who are residents of British Columbia and born on or after January 1, 2006.
    View Details

Alberta

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Saskatchewan

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details
  • Saskatchewan Advantage Grant for Education Savings (SAGES)
    Receive an amount equal to 10% of the net contributions paid into the RESP over the course of a year, up to a maximum of $250 per beneficiary per year. The maximum lifetime SAGES grant is $4,500 per beneficiary.
    View Details

Manitoba

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Ontario

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Quebec

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details
  • Quebec Education Savings Incentive (QESI)
    The Quebec Education Savings Incentive is equal to 10% of your annual RESP contribution – up to a maximum of $3,600.
    View Details

Newfoundland & Labrador

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

New Brunswick

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Prince Edward Island

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

Nova Scotia

  • Canada Education Savings Grant (CESG)
    Earn 20% on the first $2,500 you contribute annually for each beneficiary in an RESP plan.
    View Details
  • Canada Learning Bond (CLB)
    The Canada learning Bond contributes up to $2,000 into an RESP for Children born on or after January 1, 2004.
    View Details

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