March 2019- Thinking of Spring Break already? Think about paying for post secondary education too. Opening a Registered Education Savings Plan (RESP) allows you to save for education related expenses, but also collect the government’s 20% matching Canada Education Savings Grant (up to $500 year, or $1000 year if you are eligible for retroactive grants). You can set up regular contributions to make savings easier, which also often results in achieving greater long term growth too.