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How do I receive government assistance for the RESP?

The beneficiary named in the RESP needs a Social Insurance Number to receive a Canada Education Savings Grant.

For an RESP mutual fund account comprised of individual funds, government assistance is paid monthly and deposited directly to a CIBC Money Market Fund. For an RESP mutual fund account comprised of a portfolio, government assistance is paid monthly and allocated proportionately to the various mutual funds in the portfolio.

Learn more about the Canada Education Savings Grant.

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