A key feature that distinguishes RESPs from other registered or tax-deferred savings plans such as Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs) is access to government grants. Canadian governments offers incentives to save towards post-secondary education in the form of federal and provincial grants.
We simplify the process by applying directly to the federal government and relevant provincial governments at your request. Make the most of these incentives by managing your contributions effectively so that you can optimize this extra source of money.
Remember, when you open an RESP with CST Savings, we’ll help you apply for government grants on your behalf.