Why is Post-Secondary Education Important?

Canada Education Savings Program (CESP) Helping Parents Save for their Child’s Post-Secondary Education This is a draft document; it is not for distribution

Overview • The Post-secondary education savings offered by the Government of Canada – the CLB and the CESG • How to access the savings incentives – RESPs • Barriers to access the incentives and how to overcome them • Tools available to support CBO activities • Testing your knowledge

Why is Post-Secondary Education Important? • Roughly two-thirds of all job offers in Canada require some form of post-secondary credentials. • Unemployment rates are significantly higher for individuals without post-secondary credentials.

Money available from the Government of Canada There are several Federal Government PSE savings incentives: 1. The Canada Learning Bond (CLB) 2. The Canada Education Savings Grant (CESG) and the Additional CESG. 3. Other incentives and HTTP link test