Author: josefa5995

The Canada Learning Bond (CLB) is money from the Government of Canada to help pay for post-secondary education. It provides an initial payment of $500 in a Registered Education Savings Plan (RESP) and $100 for each subsequent benefit year of eligibility, up to the benefit year in which the beneficiary turns 15, to a maximum of $2,000. Contributions are not required to receive the CLB. The Canada Learning Bond (CLB) is money from the Government of Canada to help pay for post-secondary education. It provides an initial payment of $500 in a Registered Education Savings Plan (RESP) and $100 for ... Read more