How to use this page: Read the simplified explanation first, then use the official links below before acting.
The simple version
- The Canada Learning Bond is for eligible children from low-income families.
- Personal RESP contributions are not required to receive CLB.
- The lifetime CLB maximum is $2,000 per eligible child.
Action steps
- Open an RESP with a promoter that supports CLB.
- Ask the promoter to apply for CLB.
- Keep family information up to date so eligibility can be assessed.