Government of New Brunswick
CLB-600x180

Saving is easy with the Canada Learning Bond (CLB). The CLB offers families with modest incomes a simple way to start saving for their children’s education after high school. 

Charley and Jack also have stories about the Canada Learning Bond!
 

The Canada Learning Bond is available to children:

  • Born after December 31st, 2003.

and

  • Family’s net income is $45,282 or less. ($44,701 or less for 2016 tax year).  Canadians can quickly access a proof of income statement anytime by clicking here .

and

Important: Only 13,476 of 53,632 eligible New Brunswick children (24.6%) have registered for the Canada Learning Bond. 

 

Upon acceptance, eligible children receive $500 plus $100 more for each year they are eligible (to age 15 or maximum $2,000).

You do not have to put any of your own money into the RESP to receive the Canada Learning Bond.

Note: Benefits are also available for all the years the child was eligible prior to the application.

 

  • There is no cost to apply!!
  • Social Insurance Number (SIN) for you and your child.
    - Do not have a SIN card? To apply for your SIN please click here.
  • Have filed your latest income tax and benefit return.   
    - Missed a year or need help filing your income tax and benefit return? You may be eligible to get help at a free tax preparation clinic near you.  For more information on the Community Volunteer Income Tax Program click here.
     

You can now get help filing your taxes, getting your child a Social Insurance Number and signing them up for the Canada Learning Bond all at the same time and location!  The new Money Pie Super Clinics are taking place at 7 sites across the province and are free of charge for eligible New Brunswickers.

Important Information: For any individual applying for a Social Insurance Number, a birth certificate is required. Without a birth certificate, you cannot apply for the Social Insurance Number and in turn, cannot apply for the Canada Learning Bond

Money Pie Super Clinic’s location, address, date and time:

 

Location Address Date & Time
Université de Moncton
Edmundston Campus
165 boul Hébert
Edmundston
March 6th
8:30 am - 4:30 pm
Ste. Mary’s First Nation 150 Cliffe Street
Fredericton
March 10th
9:00 am - 3:00 pm
CCNB Bathurst 725, rue du Collège March 18th
8:30 am - 4:30 pm
Salvation Army 27 Prince Edward Street
Saint John
March 20th
9:00 am - 2:30 pm
Université de Moncton
Moncton Campus
165 rue Massey
Moncton
March 25th
10:00 am - 4:00 pm
Brunswick Street Baptist Church 161 York Street
Fredericton
March 27th
1:00 pm - 5:00 pm
Elsipogtog First Nation Elispogtog Community Hall April 8th
9:00 am - 5:00 pm

In less than 10 minutes, you can apply online be clicking here.

Reminder: You will need a Social Insurance Number (SIN) for you and your child and have filed your latest income tax and benefit return.  

 

      

Research demonstrates that even small amounts of education savings can set in motion a chain reaction of positive social and educational outcomes for a child and their family:

  1. Youth with savings earmarked for their education are 50% more likely to participate in post-secondary education than those who have none.
  2. For children as young as 11, their perception of whether college is financially possible influences their school-focused goals and the effort they put into their school work.
  3. Children with education savings between $1 – $499 are 3 times more likely to pursue postsecondary and 4 times more likely to graduate