Notice #966 - Saskatchewan Advantage Grant for Education Savings (SAGES) cancellation

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Information bulletin

Number: CESP/PCEE‑2022/23‑004-966

Date: October 03, 2022

Subject: Saskatchewan Advantage Grant for Education Savings (SAGES) cancellation

Purpose

To inform Registered Education Savings Plan (RESP) promoters of the key dates related to the cancellation of the SAGES.

Background

In notice #941, the Canada Education Savings Program (CESP) advised promoters of the Government of Saskatchewan’s intention to cancel SAGES.

Key dates

Until September 1, 2023, all other rules regarding the administration of the SAGES remain in force as indicated in the RESP Provider User Guide.

Next steps

Further instructions on converting the SAGES into accumulated income will be available soon.

Subscribers are no longer able to apply for SAGES. As such, we ask that promoters stop publishing any SAGES related promotional materials, including website references and promotional cards.

Contact us

If you have any questions regarding this notice, please contact us:

Our business hours are from 8 am to 5 pm, Eastern Time.

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