A Registered Education Savings Plan (RESP) is a tax-advantaged investment vehicle designed to help Canadians save for their children's post-secondary education. If you're new to RESPs, they offer a tax-efficient way to build savings for educational expenses while benefiting from government grants. Contributions to an RESP are made with after-tax dollars, meaning you don't receive an immediate tax deduction.

However, the key benefit is that investments within the RESP can grow tax-free until they are withdrawn to pay for educational expenses. Additionally, the Canadian government provides incentives in the form of the Canada Education Savings Grant (CESG) and the Canada Learning Bond (CLB), which can boost your savings significantly.

The RESP product is designed to help you make the most of these benefits and save effectively for your child's education. We offer a range of investment options, such as GICs, GIFs, mutual funds, segregated funds, stocks, and bonds, to suit your risk tolerance and investment objectives.

Our experienced advisors can help you understand RESP contribution limits, government grants, investment strategies, and withdrawal rules. Whether you're starting to save for your child's education or looking to optimize your RESP strategy, we're here to provide personalized advice and support to help you achieve your education savings goals.