RESP Grant Calculator (Canada)
How much the Canada Education Savings Grant and Canada Learning Bond add to an RESP, and what it could be worth when your child turns 18.
The Canada Education Savings Grant adds 20% to the first C$2,500 put into an RESP each year (C$500), up to C$7,200 per child, plus up to C$100 more for lower-income families, who can also get the Canada Learning Bond of up to C$2,000 with no contribution needed.
RESP Grant Calculator (Canada)
Frequently asked
Is the RESP Grant Calculator (Canada) free?
Yes. Every tool on AlphaBetaMinds is free, needs no account and has no usage limit.
Does this tool store what I type?
No. It runs entirely in your browser. Your inputs are never sent to our server, and nothing is logged.
How accurate is it?
It uses the McCrindle generation boundaries (Gen Alpha 2010–2024, Gen Beta 2025–2039) and UN World Population Prospects vital rates. Sources and formulas are on our methodology page.
Can I use the result in an article or report?
Yes, with a credit and a link back to this page. See our terms of use for the full licence.
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