Description
While the RESP lifetime contribution limit for an RESP beneficiary is $50,000, there is also an annual limit on the amount of Canada Education Savings Grant (CESG) that can be paid on contributions. A lump sum contribution of $50,000 will not result in the lifetime maximum amount of CESG being provided to the beneficiary.
Resources
| Name | Format | Description | Link |
|---|---|---|---|
| Registered Education Savings Plan (RESP) Lifetime Contribution Limit | CSV | Open resource | |
| Registered Education Savings Plan (RESP) Lifetime Contribution Limit | CSV | Open resource |