Every year on July 1, Canadians from coast to coast celebrate Canada Day — a time to come together, reflect on our shared history, and celebrate the people, cultures, and communities that make Canada unique. From fireworks and parades to backyard barbecues and community festivals, Canada Day is an opportunity to enjoy time with family, friends, and neighbours while showing pride in our country.
Canada is known around the world for its diversity, natural beauty, and strong sense of community. Canada Day celebrations often highlight the many cultures, traditions, and experiences that contribute to the country’s identity. Whether attending a local event, visiting a park, or simply spending time outdoors, Canadians find meaningful ways to connect and celebrate together.
Canada Day is also a time to think about the future we are building for the next generation. Supporting children and youth today helps create stronger communities tomorrow, and one important way families can invest in a child’s future is through the Canada Learning Bond (CLB).
The Canada Learning Bond is money provided by the Government of Canada to help eligible children from lower-income families save for post-secondary education. Eligible children can receive up to $2,000 to help pay for future studies, including college, university, apprenticeships, or skilled trades training. Best of all, families do not need to contribute their own money to receive the bond.
Many families are surprised to learn that opening a Registered Education Savings Plan (RESP) and applying for the Canada Learning Bond is free and easier than they expect. Even small steps taken today can help create greater opportunities for children in the future.
As Canadians gather to celebrate community, opportunity, and hope this Canada Day, consider taking a moment to learn more about the Canada Learning Bond and whether your child may be eligible.
Building a strong future for Canada starts with investing in children and youth today. This Canada Day, celebrate not only where we’ve come from, but where future generations can go.