📋 Enter Your Details
CESG is available until age 17
Max CESG grant at $2,500/yr · Lifetime limit $50,000
Historical avg: 5–8% for balanced funds
🎉 Quebec bonus! Quebec residents also receive the Quebec Education Savings Incentive (QESI) — an additional 10% on the first $2,500/year (max $250/year, $3,600 lifetime).
Enter 0 if starting fresh
Enter 0 if this is a new RESP
📊 Your RESP Projection at Age 18
Total RESP Value
$0
Estimated at age 18
Free Government Grants
$0
CESG (+ QESI if Quebec)
Your Contributions
$0
Total amount you invested
Investment Growth
$0
Interest & returns earned
🏛️ Government Grant Breakdown
CESG Rate20% on first $2,500/year
Annual CESG (max)$0
CESG Already Received$0
Additional CESG Remaining$0
Total Grants Earned$0
📅 Year-by-Year Breakdown
| Year / Age | Contribution | CESG Grant | Year Growth | Balance |
|---|
💡 RESP Tips for Canadians
📅 Open Early
Open an RESP at birth to maximize years of CESG grants and compound growth. Each year you delay is a lost $500 grant.
💰 Hit $2,500/Year
The sweet spot is $2,500/year — that's exactly what triggers the maximum $500 annual CESG grant. Going higher doesn't get more grant.
⏰ Catch-Up Grants
If you missed years, you can catch up — contribute up to $5,000/year to receive $1,000 in CESG (double grant). Max one catch-up year at a time.
🎓 Unused Funds
If your child doesn't attend post-secondary, you can transfer up to $50,000 of growth to your RRSP (if you have room) or repay grants and withdraw contributions.