You can open an RESP and name an individual child as the beneficiary, or opt for a family plan for several children.
Parents, grandparents, aunts and uncles can also contribute to the RESP.
If the child listed as an RESP beneficiary decides not to attend a post-secondary institution, you can name another beneficiary. Or, under certain conditions, you can transfer earnings into your RRSP. It’s important to understand the tax implications before transferring funds.
Investment Options: We provide access to a range of investment options to suit your needs. You can choose to invest your RESP in fixed income, equity or liquid products through Credential Asset Management Inc.
Mutual Funds are offered through Credential Asset Managemetn Inc.