The easy way
to RESP.
Skip the bank, and open a plan in minutes from home. Start saving for your child’s education with a best-in-class Registered Education Savings Plan (RESP).


Registered Education Savings Plan (RESP)
What is an RESP?
An RESP (Registered Education Savings Plan) is a special savings account that helps parents save money for their child’s post-secondary education.
How does an RESP work?
Add to your RESP and get a 20% government match, up to $500 a year and $7,200 total per child. You’ll earn interest on all contributions – tax-free.
Who is an RESP for?
An RESP is for anyone—parents, guardians, or family members—who wants to save for a child’s education, grow their savings tax-free, and take advantage of government grants.
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
Have the money.
When it’s time.
Your RESP Savings
Projected Savings
- $21,700 Contributions
- $4,340 Grants
- $8,905 Income
Average Cost of Education
This projection is based on assumptions and is for illustrative purposes only. Investment returns and actual future value of your RESP cannot be predicted or guaranteed.