From the CanLearn.ca Site Re Canada Learning Bond
What is it?
- Money from the Government of Canada to help you start saving early for your child’s education after high school.Brochure
Check out the Canada Learning Bond brochure, Get $500 for Your Child. - Your child could get $500 NOW to help you start saving early for your child's education after high school, and an extra $100 each year up to age 15. That’s up to $2,000 (plus interest) in bonds for your child’s education. And you don’t have to put any of your own money into theRESP to get this bond.
- An extra $25 will be paid with the first $500 bond to help cover the cost of opening anRESP.
- The bond can be used to pay for full- or part-time studies in an apprenticeship program, a CEGEP, trade school, college or university.