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What are some other ways to save for a child's education?

People like Registered Education Savings Plans (RESPs) because of the government grants they get, but there are other ways to save for a child’s education. These other options may work well for you if:
  • You don’t like all the rules set by an RESP
  • You want to save more than the RESP lifetime limit of $50,000 for each child
  • You want to be able to defer tax while you save for a child’s education.

You have three main choices:

Learn more about how these choices compare to RESPs.