RESPs are a reliable way to save for a child’s education

A Registered Education Savings Plan (RESP) is an investment dedicated to saving for your child's post-secondary education.

RESPs offer great incentives to help grow your investments. The Canadian and some Provincial Governments provide ways to accelerate RESP savings through grants and tax-deferred growth.

CST Plans offer the flexibility for beneficiaries to use their RESP for a range of post-secondary options. RESPs are also open to anyone—friends and family can start plans for any child or contribute to established plans.


Saving for post-secondary is more important than ever

1 Statistics Canada September 2021, “Tuition fees for degree programs increase in 2021/2022.”

2 Statistics Canada 2021 and university websites.

3 Canada Education Savings Program, 2020 Annual Statistical Review

Average annual tuition fee1 for Canadian undergraduate programs in 2021/22 
Estimated cost of a four-year university
program2 by 2040
Of Canadian children have not accessed education savings incentives3
CST Advantage Plan
Feel confident with a plan that prioritizes saving for your children’s future.

The CST Advantage Plan is designed to fit into your life with easy ways to save that focus on protecting your long-term investment.