Canada Learning Bond (CLB)
Families with children born in 2004 or later whose parent or guardian receives the National Child Benefit (NCB) Supplement (less than $39,065* net income) qualify for the Canada Learning Bond (CLB)†.
The Canada Learning Bond provides a one-time initial contribution of $500 to an eligible child's Registered Education Savings Plan (RESP). If the parents or guardians continue to qualify and receive the NCB Supplement, the government will also provide an additional $100 for each year of eligibility until age 15.
Over time, that could add up to as much as $2,000 in grant payments, plus interest.
Canada Learning Bond Summary Chart
| Initial Payment |
$500 |
| Additional Payment per year, up to a maximum of 15 years |
$100 per year, up to $1,500 |
| Lifetime maximum CLB grant you may qualify for** |
$2,000 |
To apply for the Canada Learning Bond:
- Register the birth or adoption of the child.
- Apply for a birth certificate.
- Apply for a Social Insurance Number (SIN) for the child. You can download the SIN application form here.
- Open an RESP with an RESP provider, such as Heritage Education Funds.
- Download the appropriate form for your CLB application:
For more information on the Canada Learning Bond, please call our Customer Service Team at 1.800.739.2101 or send us an email at customercare@heritageresp.com.
†Certain conditions apply, see Prospectus of your Plan for full details.
*Based on 2009 indexation rates. This amount will be indexed to inflation for subsequent taxation years.
** To receive lifetime maximum CLB, you must meet criteria of receiving the NCB Supplement for all years.