Saving for a child’s education
Investing in a child’s future? We can help you save for their education.
Investment accounts
Choosing the right accounts for your goals is one of the first steps to investing. Think of them as containers for your money. Explore our recommended investment accounts to help you save for a child's education.
Registered Education Savings Plan (RESP)
Enjoy tax-sheltered growth over the life of the plan. Plus, receive contributions from the federal government.
Tax-Free Savings Account (TFSA)
Grow your investments tax-free and contribute for as long as you want, giving you the flexibility to save for the people you love.
Non-Registered Savings Plan (NRSP)
Save without limits and access your investments at any time – a great option if you’ve maxed out your RESP and TFSA contributions.
Like items that you put in a container, investment products are what you hold in your account. They help you grow your wealth, and each come with different risks and rewards. The products you choose depend on your risk tolerance and when you’re planning to buy a home. Explore our recommended investment products.
Mutual funds
A straightforward way to invest in a pool of professionally managed funds that match your risk tolerance.
Segregated funds
Your money is invested across professionally managed investments while a portion of your principal is kept safe.
Get the latest market news
It can be easy to get overwhelmed when you’re saving for a child’s education. Read our top tips to help you reach your goal.
When it comes to saving for a child’s education, compound interest and upward market trends over time are your friends. By investing when they’re young, your money will have more time to earn a larger amount of compound interest. And you likely won’t have to save as much each month compared to if you started when they’re older.
Through the Canadian Education Savings Grant, the federal government can top up your annual RESP contributions by 20% up to $500 per year, with a lifetime maximum of $7,200. Other incentives for qualified families include the Canada Learning Bond, the British Columbia Training and Education Savings Grant, and the Quebec Education Savings Incentive.
Learn how you can take full advantage of this powerful savings tool.
Learn how to reach your savings goals faster with our five-step plan.
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Connect with us to start investing.
Saving for something else?
Not all products are available in all provinces.
In the province of Quebec, the authorized representatives are Financial Security Advisors who have been duly certified by the Autorité des marchés financiers.
Mutual funds are offered through Co-operators Financial Investment Services Inc. to Canadian residents except those in Quebec and the territories. Segregated funds and annuities are underwritten and administered by Co-operators Life Insurance Company.
The content provided on this webpage is a general source of information for a specific point in time and should not be considered solicitation to buy or sell any investment. Nothing contained in this information constitutes investment, legal, tax or other advice.
Co-operators Financial Investment Services Inc. is committed to protecting the privacy, confidentiality, accuracy and security of the personal information that we collect, use, retain and disclose in the course of conducting our business. Please visit our privacy policy for more information.
Co-operators® is a registered trademark of The Co-operators Group Limited.