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July 7, 2022 by LorriK

New Adjusted Income Rates for Eligibility

New Adjusted Income Rates for Eligibility
July 7, 2022 by LorriK

Every July the Government of Canada releases new income eligibility rates for the Canada Learning Bond.

The 2022-2023 rates are in the chart below.

Check your income tax return. If your income meets the eligibility requirements for the Canada Learning Bond, apply for it!

Summer is the perfect time to apply for the Canada Learning Bond.

Contact your bank, credit union, a RESP promoter or apply on-line.

Open a Registered Education Savings Plan (RESP) for your children. The calculations will be made for you once you apply.

Any money your children are entitled to will be deposited into their RESP in a few weeks.

Don’t delay! Apply today!

 

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