What the RESP gives you
A plan built for children's education, with a government contribution you won't find anywhere else.
Two grants in Quebec
The CESG adds 20% of your contributions and the QESI 10%, subject to eligibility. Both amounts are paid directly into the RESP.
Tax-sheltered growth
As long as the money stays in the plan, growth is not taxed. Nothing to report each year.
Invested in segregated funds
Alexandre offers the RESP invested in segregated funds: an insurance contract with capital protection according to the terms of the contract.
Grant room carries forward
CESG room you don't use in a given year accumulates and carries forward to later years.
Your RESP strategy,
without leaving home.
Alexandre analyzes your situation and gets back to you with a personalized recommendation. Free, confidential and with no obligation whatsoever.
The governments
save alongside you.
The RESP is the only plan where two levels of government add money to your contributions. In Quebec, that adds up to as much as 30% on the first $2,500 contributed each year, subject to eligibility.
Who is it useful for?
Your investor profile
Before any recommendation, Alexandre has to know you. Gathering this information is an advisor's obligation, not a formality.
Your financial situation, your income, your debts, your family and your goals.
The starting pointHow soon you'll need the money, and how much fluctuation is acceptable to you.
Two key questionsAlexandre establishes your profile and recommends an allocation that suits you.
Matched to your profileYour profile changes with your income, your family and your horizon. The file is reviewed every year.
Every yearThis process is what makes sure the recommendation really suits you.
What can RESP money actually pay for?
Many parents believe the RESP only pays tuition. The reality is broader.
Money leaves the plan through two very distinct streams, which don't go to the same person and aren't taxed the same way.
Your contributions
The money you put into the plan comes back to you, the subscriber, tax-free.
EAPs
Educational assistance payments bundle together the grants and the income accumulated in the plan.
Eligible expenses are broader than you'd think
The official rule covers any reasonable expense that helps the student pursue their studies. That goes beyond tuition alone, without meaning that anything goes.
Tuition
Tuition fees and the program's registration costs.
Housing
Rent or residence during the studies, when the student has to live near the school.
Transportation
Travel tied to the studies, such as a monthly transit pass or trips home.
Supplies and a computer
Books, supplies and the equipment the program requires.
Each expense has to stay reasonable and tied to pursuing the studies. It isn't a green light for any expense at all.
The conditions to know
The program has to require at least 10 hours a week of courses or work, over at least 3 consecutive weeks.
10 hrs / weekIf the program is given outside Canada and isn't at the university level, the minimum length becomes 13 consecutive weeks.
13 weeksDuring the first 13 consecutive weeks of full-time enrolment, EAPs are capped at $8,000. After those 13 weeks, that cap no longer applies.
$8,000The first-13-weeks cap applies again if the student interrupts their studies and doesn't re-enrol within 12 months.
12 monthsNothing is automatic: the amounts paid out depend on the program's eligibility and on the terms of the plan. Alexandre explains the rules that apply to your situation.
What kinds of funds?
The RESP is invested in segregated funds. The fund type chosen depends on your investor profile, established with Alexandre.
Conservative
Stability comes first. Useful when the horizon is shorter.
Balanced
A mix of growth and stability. It's the most common choice.
Growth
Aims at the long term and accepts more fluctuation along the way.
What is a segregated fund?
It's an insurance contract whose value tracks an investment portfolio. It is not an ordinary investment account.
No specific fund is named here and no rate of return is shown. The choice is made with Alexandre, based on your investor profile.
The Alexandre advantage
No bureaucracy, no call center. Alexandre takes the time to understand your situation and offers solutions that truly fit you.
RRSP, TFSA or RESP?
RRSP | TFSA | RESP RECOMMENDED | |
|---|---|---|---|
| Main purpose | Retirement | Projects and flexible savings | Children's education |
| 2026 contribution limit | $33,810 or 18% of earned income (whichever is less) | $7,000 | $50,000 lifetime per child |
| Tax-deductible contribution | |||
| Tax-sheltered growth | |||
| Taxable withdrawal | Yes, added to your income | Yes, in the student's hands | |
| Government grants | CESG 20% + QESI 10% | ||
| Unused room carries forward | |||
| Choose this option |
The long-term effect of an RESP
Take a family contributing $2,500 a year for one child. The CESG adds $500 and the QESI adds $250, subject to eligibility.
The result: $3,250 goes into the RESP each year instead of $2,500. That's 30% more than your contribution.
Fictional example, for illustration only. No rate of return is shown or implied. Grants depend on your eligibility. Sources: Canada Revenue Agency (CESG), Revenu Québec (QESI).
