History

Our heritage of helping children with their educational funds isn't just our history, it's our name and who we are!

Heritage Education Funds Inc. has been helping Canadian families since 1965. Specializing in Pooled / Group RESPs with flexible and affordable plans available to Canadian parents. With nearly 440,000 children enrolled and over $2.2 billion in assets under management as of September 30 2013, the future of Heritage and the future of our children looks bright.

Milestones in Heritage Education Funds RESP History

1965 -Creation of Canadian American Financial Corp. (Canada) Limited, which later became Heritage Education Funds Inc.

1983 - The company acquires a foothold in Hong Kong, Latin America, Central Europe and the Caribbean.

1988 - Heritage Scholarship Trust Foundation and Plan is launched and becomes one of the fastest-growing pooled RESPs in Canada.

1998 - Canada Education Savings Grant (CESG) Program introduced.

2000 - 100,000th child enrolled in the Heritage Plan.

2002 - Assets under management exceed $600 million.

2003 - Impression Plan is introduced for self-directed investors.

2004 - Canada Learning Bond (CLB) is introduced by the Federal Government.

Enhancements to the CESG Program proposed.

Heritage's National Excellence Awards for Teachers (NEAT) program provides $25,000 to 5 Early Childhood Education Teachers.

2005 - Heritage Education Funds celebrates 40 years of building Canadian children's futures with over $1 billion in assets under management.

Government of Alberta introduces Alberta Centennial Educations Savings Grant (ACES).

2006 - Canada Education Savings Grant Program enhancements introduced.

2007 - Federal Budget ushers in RESP changes (see Tax Relief).

2008 - More changes from Federal Budget: increased RESP lifetime and contribution limits Quebec government introduces Quebec Education Savings Incentive (QESI).

2009 - Heritage celebrates 45 years of helping to create a bright future for students, and continues to by benchmarking over 375,000 enrolled children in an RESP plan.

2010 - Since inception Heritage has paid out over $610 million in assistance payment for Post Secondary Education.

2011 - Heritage Education Funds celebrates over 46 years of building Canadian children's futures with over $2 billion in assets under management.

2012 - Heritage is proud to have surpassed over $900 million in payouts to our subscribers since inception.

2013 - Heritage Education Funds Donates $10,000 to Canadian Red Cross Alberta Flood Fund.

- The Heritage Plan’s 25th birthday.

- The Government of Saskatchewan introduces the Saskatchewan Advantage Grant for Education Savings (SAGES) Program.

- Heritage Education Funds surpasses $1 billion in payouts since inception of the Plan.

 

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