An RESP is an education savings plan registered under the Income Tax Act. There are many types available. RESP contributions are not tax-deductible but rather a RESP allows your contributions to grow tax-free.

If you have children, grandchildren or are expecting a child, you may be thinking about saving for their post-secondary education. Tuition rates are rising and the best way to ensure that your child can afford an education is to start saving early.

SEE TYPES OF RESPs