Canada Learning Bond

Are you looking to start saving for your child’s post secondary education?

We can help families with modest incomes across Elgin County gain access to the Canada Learning Bond in order start saving towards their child’s future.

What is the Canada Learning Bond?

The Canada Learning Bond is money that the Government of Canada adds to a Registered Education Savings Plan (RESP) to help pay the costs of full- or part-time studies after high school.

If you are eligible for the Canada Learning Bond and have not already received it in an RESP, you will receive $500 deposited into your RESP, plus an additional $100 for every subsequent year that you were eligible, up to the age of 15. This money can help cover the costs of tuition, books, tools, transportation, and housing.

Who is eligible?

Youth born on or after 2004. Ages 0 to 15 years old. 

Interested in applying?

Contact Donna Rankin, Poverty Intervention Coordinator

Government of Canada
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