CESG Calculator Canada 2026

The Canada Education Savings Grant (CESG) is free government money deposited directly into your child's RESP. The basic CESG is 20% of annual contributions up to $2,500 — meaning $500 per year in free grants. Lower-income families may receive additional CESG of 10–20% on the first $500 contributed. Over 18 years, the lifetime maximum is $7,200 in basic CESG.

How the CESG Works

• Basic CESG: 20% of annual contributions, up to $500/year. Available to all Canadian residents.
• Additional CESG (A-CESG): 10–20% extra on the first $500 contributed, based on family income. Up to $100 extra/year for mid-income, $200 extra/year for low-income families.
• Lifetime limit: $7,200 basic CESG per beneficiary. Additional CESG has its own limits.
• Age limit: CESG is paid until December 31 of the year the child turns 17, with conditions in the final 2 years.

Additional CESG Income Thresholds (2026)

• Family income under $55,867: 20% additional CESG on first $500 (up to $100/year extra)
• Family income $55,867–$111,733: 10% additional CESG on first $500 (up to $50/year extra)
• Family income over $111,733: No additional CESG

Canada Learning Bond (CLB)

Lower-income families may also qualify for the Canada Learning Bond — a separate grant of up to $2,000 that requires no contributions. If you qualify, simply opening an RESP triggers the bond. Income thresholds change annually — check canada.ca for current eligibility.

Maximizing Lifetime CESG

To receive the full $7,200 in basic CESG, contribute $2,500/year for 14.4 years. Start from birth and contribute monthly ($208/month) to spread the cost and build the habit early. Families who start at birth and contribute consistently receive the most from the CESG program.