Tag Archives: Canada Education Savings Grant

Maximizing Your RESP: Strategies for Catching Up on Contributions

  Key Takeaways RESPs allow a lifetime contribution limit of $50,000 per beneficiary. The Canada Education Savings Grant (CESG) provides a 20% match on your contributions up to $2,500 per year, with a lifetime maximum of $7,200 per child. Unused CESG room can be carried forward for future years, allowing you to catch up if.. [Read More]