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Canada Learning Bond (CLB)

Disclaimer: The information on this page is subject to change. Please review the original sources of information on the relevant government webpage.

Last updated: January 8, 2025

The Government of Canada provides special saving incentives that are only available with a Registered Education Savings Plan (RESP). One of these programs is the Canada Learning Bond (CLB).

Employment and Social Development Canada (ESDC) provides an additional incentive of up to $2,000 to help Canadian families pay for post-secondary education. This includes apprenticeship programs, CEGEPs, trade schools, colleges, and universities. The CLB is deposited directly into the beneficiary’s RESP. If the beneficiary does not pursue post-secondary education, the CLB is returned to the government. Personal contributions to a RESP are not required to receive the CLB.

For more information, visit the following websites: