Open an RESP.
In 8 minutes. Get a $250 bonus

Embark & The Cove Indoor Play have teamed up to give you something great! Start saving for your child’s education with a best-in-class Registered Education Savings Plan (RESP).

Terms and conditions apply.

CUSTOMER REFERRAL DISCLOSURE

Referral Arrangement between The Cove Indoor Play Inc. (the “Referring Party”), Kiratjeet Singh Gulati (the “Associate”) and Embark Student Corp. (“Embark”).

Please note the following:
You and Embark have entered into a relationship as a result of a referral from the Referring Party. The Associate assisted in the introduction of the Referring Party and Embark.
Embark offers access to Registered Education Savings Plans and is registered as a Registered Scholarship Plan (“RESP”) dealer in every Province and Territory of Canada. Embark does not offer access to any other securities products aside from RESPs or Scholarship Plans. The Referring Party is not licensed to sell or promote securities products in any province or territory in Canada. The main purpose and goal of the Referring Party’s business platform is to provide calm, inclusive, and sensory-friendly environments designed for children who are neurodiverse and have developmental disabilities, aged 0-5 years old.

The Referring Party has referred you to Embark which may be able to provide advice, services and/or products related to education savings and planning to you that the Referring Party and its employees or agents are not authorized or permitted to engage in.

As a result of the referral from the Referring Party to Embark, a referral fee will be paid by Embark. This referral fee is calculated as a fee paid by Embark to the Referring Party based on the creation of a new Embark Plan by a new subscriber for a new beneficiary. Embark will pay a maximum of $150 plus applicable taxes for each qualifying Plan referred from the Referring Party. In addition, Embark will pay the Associate, for each qualifying Plan referred from the Referring Party, based on its internal policies.

The referral fee is not a fee for the services provided by Embark. The referral fee is payable directly to the Referring Party and the Associate by Embark.

Please note that securities regulations require that all advice and activity in your account be provided by Embark. Embark is responsible for determining whether any proposed RESP is appropriate for you. The Referring Party is neither licensed, nor able to provide any advice with respect to any of the products and services for which the referral fee is being paid. The Associate may or may not be a licensed representative who assisted you in setting up your Plan. Your relationship remains with Embark regardless of onboarding assistance from the Associate. You may request additional reasonable information concerning this referral arrangement.

By clicking on the “Open an RESP” button below you are acknowledging this referral disclosure, you consent to your information being provided to Embark and acknowledge that a referral fee is being paid by Embark.

To the best of its knowledge Embark Student Corp. knows of no conflicts of interest resulting from the relationship between Embark and the Referring Party.

Open an RESP

The easy way to RESP.

$0

upfront cost to get started

8 minutes

to open an RESP online

18.33%

investment return in 2024⁶

$7,200

or more in federal and provincial government grants

Children grow fast.
Your RESP should too.

A best-in-class RESP

Invest confidently with an RESP built to grow early and protects it as school gets closer. We’ll watch over your investment, while you focus on what really matters—raising your kids.

Automatic government grants

We make sure you get every government grant you qualify for. Add to your RESP and get a 20% match, up to $7,200 total (or more, depending on where you live). No money gets left behind.

The most flexible RESP

Whether it’s every month or once a year, you set the schedule that works for you and your budget. You can stop or change contributions from home and withdraw anytime.

Open an RESP

Not all RESPs are created equal.

At Embark, we do one thing, and we do it better than anyone else: helping you get the most out of your education savings.

Open an RESP

	Embark	5 big banks²
4.5+ stars on Google	✓	✗
Time to open	8 minutes	1 hour³
Minimum investment	$0	More than $400⁴
Investment fees	1.65%	2.02%⁵
Glidepath investment	✓	✗
Intelligent alerts	✓	✗
Personalized goals	✓	✗
RESP Gifting	✓	✗
Online withdrawals	✓	✗
Exclusive offers from our partners	✓	✗

More than just another RESP.

RESP gifting

Embark is the only RESP in Canada that lets friends and family contribute directly.

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Manage online

Unlike traditional banks, you can manage your RESP online. Deposit, adjust, or withdraw anytime.

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No minimums

With Embark, you save what you want, when you want. Just stress-free savings that fit your budget.

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Top choice of over 1 million Canadians

For over 60 years, we’ve helped fund post-secondary education for more than 850,000 students. Unlike traditional banks, we’re owned by a not-for-profit foundation that puts Canadian families first—reinvesting profits into scholarships to help even more students succeed.

Managing $6.5 billion in assets
850,000 children funded for Universities/College
60 years of education savings expertise

Featured on

See all our media coverage

A mother washing dishes with her toddler sitting on the counter beside her

If not now, when?

Saving even $5 per week could add up to a full term of tuition. The earlier you start, the more you benefit. Get started now, it only takes a few minutes.

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¹The Cove Indoor Play Offer

Terms and Conditions

General:

Offer Start Date: May 24, 2025, at 12:00 a.m. EST

Offer End Date: May 23, 2026, at 11:59 pm EST

Offer:

Open a new Embark Plan with offer code THECOVEINDOORPLAY for one or more New Beneficiaries and get a $250 Bonus Contribution.

Eligibility Criteria:

1. The Offer is available to new Embark Student Corp. (“Embark”) subscribers (“Offeree”) who meet all the following conditions:

a. Offeree opens a new Embark Student Plan or an Embark Select Conservative Plan (“Embark Plan”) and enrolls at least one New Beneficiary.

b. If enrolling via digital channel, the Offeree must use the unique URL www.embark.ca/landing/the-cove provided by The Cove Indoor Play to enrol the New Beneficiary in Embark Plan, or the Offeree must input the code THECOVEINDOORPLAY (“Bonus Code”) in the promo code field of the digital onboarding process at the time of enrolment.

If enrolling with the assistance of an Embark licensed dealing representative, the New Subscriber must provide Education Savings Specialist with the Bonus Code at the time of enrolment, and ensure they confirm the receipt of the Unique Code.

c. “New Subscriber” is a person that has never been a subscriber of an Embark Plan, or a plan distributed by Knowledge First Financial Inc.

A “New Beneficiary” is defined as one that has not had their SIN previously registered with any Embark Plan and is under the age of eighteen (18) on the date of enrolment. New Beneficiary must have a valid SIN and the newly opened Embark Plan must be eligible for registration with the Canada Revenue Agency (CRA) as a RESP.

d. Offerees are permitted to submit one Bonus Code per household.

“Household” shall mean people who share the same residence at least three months a year.

Bonus Conditions:

2. The eligible Offeree who enrolls at least one New Beneficiary into a new Embark Plan using the Bonus Code before the Offer End Date and links to a Canadian bank account will receive a bonus Contribution of $250 (two hundred fifty dollars) to the new Embark Plan (the “Bonus”).

3. Embark Plans are deemed successfully enrolled in and opened when the Offeree has satisfied the account terms, and the newly opened plan is registered as a RESP with the CRA.

4. The Bonus will be deposited into Offeree’s Embark Plan as principal Contribution (which will be eligible to attract applicable government grants and earn income) within ninety (90) days from the date of the New Beneficiary enrolment. The Bonus shall not be paid in cash or other form. The Bonus cannot be paid to another related or unrelated RESP account outside of the Embark Plan with the New Beneficiary.

“Contribution” means the amount you pay into your Embark Plan.

After fulfilling the Offer conditions, the Offeree must keep their Embark Plan active for thirty-six (36) months after the date of the New Beneficiary enrollment. In the event of termination of Embark Plan within that timeline, the Bonus will be subtracted from the balance of the Embark Plan (the “Clawback”). When the Embark Plan is terminated, standard closing costs and transfer out fees will apply, as defined in the Embark Student Plan Prospectus or the Embark Select Conservative Plan Prospectus.

5. The Clawback will be subject to the following exceptions:

a. Termination of Embark Plan due to a death of the New Beneficiary, or

b. Post-Secondary Education (PSE) withdrawal, or

c. Non-Post Secondary Education Withdrawal (NPSE) if the New Beneficiary is twenty- five (25) years of age or older.

Other Terms and Conditions:

6. It is the Offeree’s responsibility to know if they have enough RESP contribution room for each New Beneficiary. If the Bonus exceeds the maximum amount of contributions allowed by the CRA, Embark will not be held responsible for any taxes or penalties resulting from payment of any Bonus or excess contributions, or for the contributions not attracting grants.

7. Offeree cannot combine the Offer with any other Embark enrolment bonus offers except as otherwise permitted and set out in a particular promotional offer.

8. All amounts are stated in Canadian dollars.

9. The terms and conditions of this Offer, including its overall availability, are at the sole and absolute discretion of Embark and are subject to change at any time without prior notice.

10. Embark reserves the right at its sole discretion to, without advance notice, terminate or suspend the Offer, in whole or in part, or modify it in any way.

11. Embark reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer for any Offeree, whom it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the Offer or who otherwise becomes ineligible. Bonus earned through fraudulent activities or activities in violation of these Terms and Conditions will be null and void and repayment may be requested by Embark.

12. In the event of conflict, the Terms and Conditions will prevail over any of the contents of any brochure, promotional materials or statements, or any other communication regarding this Offer, whether written or oral from Embark, except where otherwise stated.

13. By accepting this Offer, you agree that you have read and understood these Terms and Conditions and agree to be bound by them. Any notice offered by us with respect to this Offer is deemed to be provided on the day it is posted on Embark’s website.

² Big 5 Canadian Banks: BMO, TD, RBC, Scotiabank and CIBC.

³ Based on estimated in-branch RESP Onboarding, including completion of new account opening and RESP forms.

⁴ Average Canadian mutual fund minimum investment. Per 2024 Series A Fund Facts: BMO Targeted Education 2040 Portfolio; BMO Select Trust Conservative.

⁵ Average per 2024 Series A Fund Facts: BMO Targeted Education 2040 Portfolio; BMO Select Trust Conservative Portfolio; RBC Targeted Education Fund 2040; RBC Select Choices Conservative Portfolio; Scotia Selected Balanced Income Portfolio; Scotia Partners Balanced Income; TD Comfort Balanced Growth Portfolio.

⁶ *Returns reflect cohort with children born 2024-2026 which has a 90% equity allocation. Past performance is not an indicator of future returns.

Open an RESP.In 8 minutes. Get a $250 bonus

The easy way to RESP.

$0

8 minutes

18.33%

$7,200

Children grow fast.Your RESP should too.

A best-in-class RESP

Automatic government grants

The most flexible RESP

Not all RESPs are created equal.

More than just another RESP.

RESP gifting

Manage online

No minimums

Top choice of over 1 million Canadians

Terms and conditions

Footnotes

Open an RESP.
In 8 minutes. Get a $250 bonus

Children grow fast.
Your RESP should too.