Education Savings Plans (ESP)Smart ways to fund a child’s future ambitions
Registered Education Savings Plans (RESPs) help parents, family and friends save towards a child's future post-secondary education. We offer Individual and Family Plan RESPs and can help you choose the plan that works best for you.
Canada Education Savings Grant
The Canada Education Savings Grant (CESG) is equal to 20% on the first $2,500 in annual contributions made to each beneficiary in an RESP plan.
Canada Learning Bond
The Canada Learning Bond (CLB) contributes up to $500 to the RESP of a beneficiary who is born on or after January 1, 2004 and whose family is entitled to the National Child Benefit Supplement.
Saskatchewan Advantage Grant for Education Savings (SAGES)
SAGES has been suspended effective January 1, 2018, by the Government of Saskatchewan. For more details visit their website.
Quebec Education Savings Incentive
The Quebec Education Savings Incentive (QESI) is equal to 10% of your annual RESP Contribution - up to a maximum of $250 per year.
More information that may interest you
Scotiabank in partnership with the community project SmartSAVER, is working to help Canadian families learn about and access the Canada Learning Bond through Registered Education Savings Plans. Learn all there is to know about RESPs with SmartSAVER.
For more information about transfer fees and other information about the Scotia RESP download our