Notes and sources

• Grant rules as of November 2, 2026. Canada Education Savings Grant (CESG): 20% of the first $2,500 contributed each year ($500), up to $1,000 a year when there is unused grant room from earlier years, to a lifetime maximum of $7,200. Available until the end of the calendar year the child turns 17; ages 16 and 17 have extra conditions. Source: canada.ca, How much money can be added to RESPs (opens in a new tab).
• Canada Learning Bond: up to $2,000 for children from lower-income families, with no contributions needed. It is not included in this projection. Ask us whether your child may qualify.
• B.C. Training and Education Savings Grant: a one-time $1,200 for B.C. children, applied for between the 6th birthday and the day before the 9th. The B.C. government has announced the grant ends April 1, 2028. Source: gov.bc.ca, BCTESG (opens in a new tab).
• Assumes contributions at the start of each year and grants paid in the same year. Monthly contributions are added up as one yearly amount.