QC Education Savings

RESP Grants for a $5,000 Annual Contribution in Quebec

Maximize your Canada Education Savings Grant (CESG) by calculating the returns on a $5,000/year RESP contribution in Quebec. See your projected child education fund balance for 2026.

Max Match Goal
The federal government matches 20% of your contributions up to $2,500 per year. To get the maximum $500 annual CESG grant, aim to contribute at least $208.33 per month per child.

Family RESP Plan

Multi-child savings strategy

Children

Child 1
$
$
Child 2
$
$
Combined across all children

Contribution Plan

Low-income eligibility. Each child receives up to $2,000 individually.
Canada Learning BondLow-income eligibility
Show Estimated PayoutsWithdrawal Simulation

Contribution Splitting: The contribution amount is automatically divided among children under 18 to maximize per-child grants.

Projected Balance
$141,086
Total Contributions
$75,000
Total Grants
$19,050
Interest Earned
$47,036

Per-Child Grant Room (Projected)

Child 1Age 7 → 18
CESG (20% match)$5,500
CLB (Low-income)$0
Individual Total$8,250
Child 2Age 3 → 18
CESG (20% match)$7,200
CLB (Low-income)$0
Individual Total$10,800

Family Growth Projection

Pooled growth until youngest child is 18

Projection Table

Pooled Family Growth
YearContributionGrantsBalance
Year 1Ages: 8, 4
$5,000+$1,500$6,651
Year 2Ages: 9, 5
$5,000+$1,500$13,642
Year 3Ages: 10, 6
$5,000+$1,500$20,991
Year 4Ages: 11, 7
$5,000+$1,500$28,716
Year 5Ages: 12, 8
$5,000+$1,500$36,837
Year 6Ages: 13, 9
$5,000+$1,500$45,372
Year 7Ages: 14, 10
$5,000+$1,500$54,345
Year 8Ages: 15, 11
$5,000+$1,500$63,776
Year 9Ages: 16, 12
$5,000+$1,500$73,690
Year 10Ages: 17, 13
$5,000+$1,500$84,111
Year 11Ages: 18, 14
$5,000+$1,500$95,066
Year 12Ages: 19, 15
$5,000+$1,250$106,325
Year 13Ages: 20, 16
$5,000+$950$117,853
Year 14Ages: 21, 17
$5,000+$250$129,254
Year 15Ages: 22, 18
$5,000+$100$141,086
Total Projected$141,086
Total Grants+$19,050

Disclaimer: This tool provides estimates for informational purposes only and does not constitute financial, legal, or tax advice. While we strive for accuracy using official formulas, your actual government benefits (CPP, OAS, CCB) may vary based on official assessments. Please consult a professional financial planner or Service Canada for your specific situation.

© 2026 LoonieFi. All rights reserved.

Made with in Waterloo, ON (v1.2)