Registered education savings plan investments by family income and liquid wealth

Articles and reports: 36-28-0001202200900001


Registered Education Savings Plans (RESPs) are an important vehicle to help families save for postsecondary education. However, large differences in RESP savings persist between families of different income levels, despite targeted incentives aimed at encouraging low- and middle-income families to open RESP accounts and contribute to them. This article documents the differences in RESP contributions between families with different levels of income and liquid wealth.

Issue Number: 2022009
Volume: 2
Author(s): Frenette, Marc
FormatRelease dateMore information
HTMLSeptember 28, 2022
PDFSeptember 28, 2022