What is a Canada Learning Bond?
A Canada Learning Bond offersto Canadian families to help them start for college.
How Does a Canada Learning Bond Work?
In general, under the program, the Canadian government gives families $500 in the form of a bond is held in a Registered Educational Plan (RESP), which banks and unions in Canada.to start for college. The child can also get an additional $100 per until he or she turns 15. The
Children born after December 31, 2003, are eligible for the program and the family receives the National Child Benefit Supplement.
Why Does a Canada Learning Bond Matter?
The maximum benefit from a Canada Learning Bond is $2,000.from the Canada Learning Bond program can be used to pay for full-time or part-time study in colleges, trade schools or apprentice programs.