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Deal for Canadian Families - Printable Version

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Deal for Canadian Families - mrlayance - 10-31-2006

Read this on a forum today. I don't qualify either condition but someone here might.

$500 Bond for baby born after 2004 if Fam. net Income <36K

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For babies born in 2004 onwards, the Government is giving out $500 bond for those parents to open up a RESP plan. You do not need to deposit any money into the plan even!

2 conditions
1. Born 2004 onwards
2. Family net income is $36,378
Family receives the Canada Child Tax Benefit payment AND the National Child Benefit Supplement.*

They will also pay $25 admin fee if u are charged one.

On top of $500 initial Bond, they will pay $100/yr that the family qualifies until kid is 15.

If u know of someone who may meet this, get them to call to find more info: 1 800 O Canada

I know a couple of people who got the 500$. They didnt put a penny down even. Free!

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Your welcome!


- robert goulet - 11-01-2006

Yay Conservative Government Yay....ummmm forget what I just wrote