Open your RESP with a trusted Canadian education savings provider
$0
upfront cost to get started2
7.85%
investment return in 2024 for the cohort with children born in
2009-20113
18.33%
investment return in 2024 for the cohort with children born in 2024–20263
Up to $7,200
or more in federal and provincial government grants4
Key benefits for you
When you open a RESP with Embark, you’re choosing a trusted plan to help save for education. Here’s how we make saving money easy:
-
Expert guidance
Step-by-step guidance and tools that help you reach your education savings goals. -
Glidepath investment strategy
Your Embark RESP aims to manage investments to prioritize grown in the early years, then adapts with aims to preserve what you’ve built in the later years. -
Digital account access
Use our website to check, manage, add money, and take money out of your education savings account from anywhere. -
Flexible contributions and funds sharing
Change how much you save anytime. Share savings between kids so each has support for their education.
Not all RESPS are the same
At Embark, we do one thing: help Canadian families save for school. We’re a trusted RESP provider in Canada, with no minimum contributions to get started and automatic grant applications to make saving for your child’s education easier.
Ready to open an education savings account?
| Embark | 5 big banks 5 | |
|---|---|---|
| 4.5+ stars on Google6 | ✓ | ✗ |
| Time to open | 8 minutes | 1 hour 7 |
| Minimum investment to open | $0 | $4008 |
| Investment fees | 1.65% | 2.02%9 |
| Glidepath investment10 | ✓ | ✗ |
| Intelligent alerts | ✓ | ✗ |
| Personalized goals | ✓ | ✗ |
| Friends & family can gift directly into RESP | ✓ | ✗ |
| Guided online withdrawals | ✓ | ✗ |
| Exclusive offers from our partners | ✓ | ✗ |
Top choice of over 1 million Canadians
For 60 years, we’ve helped fund post-secondary education for 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 education savings
- 60 years of education savings expertise
- 60,000+ students supported every year