How to use this page: Read the simplified explanation first, then use the official links below before acting.
The simple version
- Basic CESG is usually 20% of eligible RESP contributions.
- The usual annual basic CESG maximum is $500, but unused room may allow up to $1,000 in a year.
- The lifetime CESG maximum is $7,200 per beneficiary.
Where people get stuck
- Contributing more than $2,500 in one year does not automatically mean more grant.
- Unused grant room can help, but annual caps still apply.
- Beneficiaries aged 16 and 17 have special contribution-history requirements.