As Emma dreams of becoming an astronaut, her parents are helping her shoot for the moon by regularly investing in her RESP with CST Spark. On top of their contributions, they’ve been receiving government grants, helping Emma’s RESP grow. 

The Jones’ are working towards that lifetime maximum of $7,200 in grants from the Canada Education Savings Grant, or CESG. Every time they contribute to their RESP, the government will match 20% of each dollar the Jones family puts in, up to $500 per year.

And because Emma turned 6 this year and lives in British Columbia, the Jones’ also benefits from a one-time British Columbia Training and Education Savings Grant of $1,200 for her RESP! Other provincial programs, like the Quebec Education Savings Incentive, match 10% of the first $2,500 contributed annually to a maximum of $3,600.

Plus, all across Canada, low-income families who are eligible for the Canada Learning Bond receive $500 just for opening an RESP, with an additional $100 per year for each year they qualify - up to $2,000!

The Jones’ never have to worry about how or when to apply for grant money because CST Spark keeps it simple — by helping them apply for all the grants! With no line-ups , taking full advantage of government grants has never been easier. So just like the Jones’s, who want their future-astronaut to reach for the stars, grants can help your education savings skyrocket, too!

CST Spark Education Portfolios are only sold by Prospectus. Investors should read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.