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Canada Education Savings Program (CESP)

The Canada Education Savings Program (CESP) is designed to help parents save for their child's post-secondary education. This document provides an overview of savings options available through the Government of Canada, including the Canada Learning Bond (CLB) and the Canada Education Savings Grant (CESG). Learn how to access these incentives through Registered Education Savings Plans (RESPs), understand common barriers to accessing funds, and explore available resources to support community-based organizations (CBOs). Educate yourself on the importance of post-secondary education in today's job market—two-thirds of job offers in Canada require post-secondary credentials.

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Canada Education Savings Program (CESP)

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  1. Canada Education Savings Program (CESP) Helping Parents Save for their Child’s Post-Secondary Education This is a draft document; it is not for distribution

  2. Overview The Post-secondary education savings offered by the Government of Canada – the CLB and the CESG How to access the savings incentives – RESPs Barriers to access the incentives and how to overcome them Tools available to support CBO activities Testing your knowledge

  3. Why is Post-Secondary Education Important? Roughly two-thirds of all job offers in Canada require some form of post-secondary credentials. Unemployment rates are significantly higher for individuals without post-secondary credentials.

  4. Money available from the Government of Canada There are several Federal Government PSE savings incentives: 1. The Canada Learning Bond (CLB) 2. The Canada Education Savings Grant (CESG) and the Additional CESG. 3. Other incentives and HTTP link test

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