A Registered Education Savings Plan (RESP) is a special savings account that can help you, your family, and your friends save for your child’s post-secondary education.

  • 100% Deposit insurance through DICO. Please visit DICO for details

Tax-free saving

RESPs are registered by the Government of Canada, allowing it to grow tax-free until the person entitled to the RESP enrolls in post-secondary education.

Government incentives

When you open an RESP account for your child, the Government of Canada will help you by contributing funds to your RESP through special savings incentives. These incentives are called the Canada Education Savings Grant and the Canada Learning Bond. They are only available when you open an RESP.

Contact your branch for more information.


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