This report provides annual statistics on RESPs and the incentives provided by the CESP for the period between January 1 and December 31, 2013, as well as historical data that show trends since the inception of the CESP. Although any child between 0 and 17 years of age can be named as the beneficiary of an RESP, the Annual Statistical Review only reports on those who have received Government of Canada incentive payments into their RESPs.
The primary source of data used to produce this report is the CESP’s Reporting Database, which compiles CESG and CLB data supplied by RESP providers. CESG statistics are calculated based on the transaction date (e.g. the date that a contribution or an Education Assistance Payment was made); whereas the CLB statistics are calculated based on the processing date, which is the date on which the incentive was paid.
Saving for your child’s education. Get the facts about RESPs before you invest