Registered Education Savings Plans (RESP)
Invest in what matters most
Give your child or grandchild the priceless gift of opportunity with a Registered Education Savings Plan (RESP).
Designed to help families save for future education expenses, RESPs offer government grants and tax-deferred growth that make it easier to build an education fund over time. With even small, consistent contributions, you can help reduce the financial burden of tuition and ensure they have the resources they need to pursue their dreams. Start today, and take the first step towards a bright future for the ones you love.
Give them the freedom to dream big
An RESP can make your child’s education dreams a reality. With low monthly contributions, you can avoid a big expense when they are ready to go to post-secondary school, allowing your savings to work harder and grow over time. Even better, through the Canada Education Savings Grant (CESG), the Government of Canada will match 20% of your yearly contributions up to $500, giving your savings an extra boost. Not sure how much you can afford? We can help you set up a monthly contribution that feels comfortable within your budget, or make one-time payments if you want to put that birthday money to use.
Let’s talk about saving for your child's future
Our Member Experience Team is here to help you understand your options and make the best decisions now that will help your child succeed when they are ready to embark on their post-secondary education journey. We take a solution-based approach to making the most out of your financial future, so we can help you navigate the most important considerations that fit with your needs.
If you have questions about RESPs or how to save for the future, we have answers.
Make the most out of your credit union membership with these solutions.
No Fee Chequing Account
TFSA
A Tax-Free Savings Account (TFSA) will help you save money for short and long-term goals. Because it's tax-free, you pay no taxes on the interest or investment income earned when you take it out.
Line of Credit
A flexible solution to managing your personal cash flow needs.
Home Financing
Every home purchase journey is unique. We approach home financing as a complete solution that ensures you get the home of your dreams and a mortgage that matches your expectations.