Canada Learning Bond – Apply

From Employment and Social Development Canada

5. Apply

You must open a Registered Education Savings Plan (RESP), through an RESP provider, before you can apply for the Canada Learning Bond on behalf of a child.

Not all RESP providers offer the Canada Learning Bond, so make sure that your provider does.

Once your application is approved, the Government of Canada will directly deposit the Canada Learning Bond into the RESP every year that the child is eligible.

If you contribute to the RESP, the child could also qualify for the Canada Education Savings Grant and the additional amount of Canada Education Savings Grant.

Note

If the child is already named to an RESP but does not receive the Canada Learning Bond, ask your RESP provider to verify if they are eligible to receive the incentive and apply.

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