Canadian Tax and
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Canada Learning Bond

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Registered Education Savings Plans (RESPs) -> Canada Learning Bond (CLB)

Canada Learning Bond (CLB)

Canada Education Savings Act s. 6

The Canada Learning Bond is a Government of Canada grant which is paid directly into a child's RESP.  It is available to families who are receiving the National Child Benefit (NCB) as a supplement to their Canada Child Benefit (CCB).

The initial CLB payment is $500.  The child can receive annual $100 CLB payments up to age 15, for each year in which the family is entitled to the NCB supplement.  The maximum CLB that can be received by a child is $2,000.

Your RESP provider will apply for the CLB on your behalf.

For more information, see the following resources:

    - Government of Canada - Canada Learning Bond

    - Canada Revenue Agency (CRA) - Canada Learning Bond

CESG and CLB Not Payable to Non-Resident Beneficiary

Canada Education Savings Grant Regulations s. 10(3)

Note that if the beneficiary of the RESP is a non-resident at the time of Educational Assistance Payments, then the Canada Education Savings Grant (CESG) and CLB portions of the RESP cannot be paid.  A beneficiary can be a student at a foreign educational institution and still be considered a Canadian resident in some cases.  See our information on Canadian residents.

Revised: September 19, 2017

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