$2,500 RESP Sweepstakes – OFFICIAL RULES: One (1) “$2,500 Cash Value RESP” prize is available. The prize consists of a one-time, lump sum deposit of $2,500 made by Embark Student Corp. into a new Embark Student Plan (the “Plan”) for the winner’s designated beneficiary. The Plan is a Registered Education Savings Plan (“RESP”) and all Plan deposits are invested and managed by Embark Student Corp. (the “Sponsor”). Deposits and income earned on the deposits can be used to assist with the costs of a post-secondary education for the beneficiary. The final value of the Plan cannot be predicted or guaranteed as it will depend on several factors, including the amount of income earned in the Plan and any fees deducted. The $2,500 deposit to the Plan is subject to management and administration fees. Please refer to the Plan’s current prospectus for more information on the features of the Plan.
1. No purchase necessary to enter.
2. “Cash Value RESP” prize is stated in Canadian dollars.
3. One winner will be chosen. The Contest opens Saturday April 12, 2025 at 7 am EST and closes Sunday, November 30, 2025 at 11:59 pm EST.
4a. ELIGIBILITY: Entrants are permitted to submit one entry per household for all Contests combined. “Household” shall mean people who share the same residence at least three months a year.
4b. The Contest is open to residents of Canada who are over the age of majority and are new subscribers, having never been subscribers of an Embark Plan or a plan distributed by Knowledge First Financial Inc., excluding the employees, representatives, agents, officers or directors and those with whom they are domiciled, of Embark Student Foundation, Embark Student Corp. and their associated partners. (collectively, the “Contest Parties”).
4c. The child to be named as the beneficiary of the Plan must have a valid Social Insurance Number and must be no more than 15 years old at the time of entering the Contest.
5. HOW TO ENTER: Complete an official entry form available on the Contest landing page https://www.embark.ca/landing/resp-contest
6. PROBABILITY: Probability of an entrant being selected is dependent upon the number of eligible entries received. Every properly completed entry has an equal chance of being drawn.
7. GENERAL RELEASE: Each entrant agrees:
7a. To be bound by the Contest rules and be subject to all applicable laws.
7b. That the Contest Parties will not accept or be responsible for i) entries that are late, lost, stolen, incompatible, delayed, incomplete, inaccurate, misidentified, misdirected, or ii) Incorrect, inaccurate or manipulated capture of entry information whether caused by website users, unauthorized users or by any equipment or programming associated with or utilized in the Contest, or iii) technical or human malfunctions or printing errors or any other problems, errors or negligence that may arise or occur in connection with the Contest.
7c. To hold harmless the Contest Parties from any claim, loss, expense (including legal fees) or other liability which may be sustained in connection with the Contest including, without limitation, any damages resulting from the entry participation, prize acceptance, receipt, ownership or use or misuse of the prize, or while preparing for, participating in, and/or travelling to any prize-related activity.
7d. That the Sponsor reserves the right to withdraw or terminate this Contest at any time without prior notice and may at its sole discretion change key terms or substitute the prize (subject to applicable federal and provincial laws).
7e. Standard messaging and/or data rates may apply to entrants who submit their entry via a wireless mobile device. Wireless service providers may charge for data usage. Contact your service provider for pricing and service plan information and rates before mobile device participation.
8. WINNER SELECTION: One (1) winner will be randomly selected by the Sponsor in Mississauga, ON, on December 5, 2025 by close of business (5 pm EST). Decisions are final. In the event of a dispute regarding who submitted an online entry, the entry will be deemed submitted by the authorized account holder of the e-mail address contained in the entry (proof of identity for the authorized email account holder may be requested).
9. WINNER NOTIFICATION: The selected winner will be contacted via email and by phone call. The representative will verify the entrants’ details. The representative will make a minimum of 2 and a maximum of 3 attempts to contact the winner. If unable to connect with the selected entrant (voicemail excluded) within 7 business days following the entrant selection date, the entrant is disqualified. Another entrant will be selected from the remaining eligible entries received and if unable to connect (similarly as the first selected entrant) within 20 business days following the original entrant selection date, the prize is forfeited with no replacement entrant being selected.
10. TO BE DECLARED A WINNER: Winner must do the following or be disqualified with no replacement winner being drawn:
10a. Correctly answer an unaided time-limited skill-testing question pertaining to mathematics or general knowledge.
10b. Sign a Release form confirming compliance with all Contest rules and acceptance of the prize as awarded.
10c. Accept the terms and conditions of the Embark Plan as set out in the Education Assistance Agreement and prospectus. (Prospectus is available on embark.ca, or request a copy by calling 1-800-363-7377.)
10d. Accept that substitutions or transferability are not permitted.
10e. Complete enrolment documentation, in accordance with Embark Student Plan regulations, within fourteen (14) months (or 425 days) from the date the Sponsor makes contact stating they are a winner.
11. FOR QUÉBEC RESIDENTS: Any litigation respecting the conduct or organization of a publicity Contest may be submitted to the Régie des alcools, des courses et des jeux for a ruling. Any litigation respecting the awarding of a prize may be submitted to the board only for the purpose of helping the parties reach a settlement.
12. PERSONAL INFORMATION: All entries become the property of the Sponsor and will not be returned nor shared with any other unassociated company.
12a. Entrants agree: Information provided in their ballots will be used by the Sponsor for the purpose of administering the Contest and in accordance with the Sponsor’s privacy policy available at https://embark.ca/privacy-policy/.
12b. Winner(s) Agree(s): To the unlimited use, without remuneration, of the information provided on their ballot in accordance with privacy laws and any photographs, in future marketing efforts and publicity (including the internet) by the Sponsor and associated partners.
Offer Start Date: September 24, 2025, at 12:00 a.m. EST
Offer End Date: March 31, 2026, at 11:59 pm EST
Offer:
Open a new Embark Plan on embark.ca with offer code BABYSHOW for one or more New Beneficiaries and get a $300 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”) on embark.ca and enrolls at least one New Beneficiary between the Offer Start and End Dates.
b. During enrollment of the New Beneficiary in Embark Plan, the Offeree inputs the code BABYSHOW (“Bonus Code”) in the promo code field of the digital onboarding process on embark.ca prior to the Offer End Date.
“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.
c. 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 and links to a Canadian bank account before the Offer End Date will receive a bonus Contribution of $300 (three hundred 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. Plan fees are deducted from your contributions and the remaining amount is invested in your Embark Plan.
5. 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 the Embark Plan within that timeline, or a non-Post Secondary Education Withdrawal (NPSE), 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 Plan’s Prospectus.
6. 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:
7. 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.
8. Offeree cannot combine the Offer with any other Embark enrolment bonus offers except as otherwise permitted and set out in a particular promotional offer.
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.