
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.
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:
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.
In less than 10 minutes, you can apply online by 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:
ESIC, the Canada Revenue Agency and Service Canada are teaming up to help New Brunswickers with a modest income file their taxes, get their children a Social Insurance Number and sign them up for the Canada Learning Bond all at the same time and location.
The Get Your Benefits Super Clinics will take place in March 2020. Please refer to the following schedule for dates and locations: