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Tag: Registered Education Saving Plans

Read insights, stories, and practical tips on financial literacy and community development. Our blog is a space for learning, reflection, and inspiration.

Registered Education Savings Plans (RESPs) and the Canada Learning Bond

  What is an RESP? It is a savings account registered with the Government of Canada that earns interest tax-free AND has money from the government put into it for a child’s after high school education. Why do I need it? Every child in a low-income family in Canada can get up to $2,000 from…