RESP: Canada Learning Bond
The Canada Learning Bond is an important part of the RESP. Low income families can still take advantage of the RESP even if they cannot deposit any money.
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Canada Learning Bond
The Canada Learning Bond (CLB) is an essential aspect of Canada’s Registered Education Savings Plan (RESP). The CLB allows low-income families to build up bonds yearly even without depositing any sums of money in an existing RESP.
Kids and University: Better use an RESP
Not only University but many post-secondary training programs might be affordable if you open an RESP for your child early.
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