Canada learning bond for 18 to 20 year olds

The Canada Learning Bond is money that the Government of Canada adds to a Registered Education Savings Plan (RESP) to help pay the costs of full- or part-time studies after high school. If you are eligible for the Canada Learning Bond and have not already received it in an RESP, you will receive $500 deposited into your RESP, plus an additional $100 for every subsequent year that you were eligible, up to the age of 15. This money can help cover the costs of tuition, books, tools, transportation, and housing. You do not need to put any money into the RESP to receive the Canada Learning Bond.

This single page insert tells you everything you need to know to apply for the Canada learning bond. 

Disponible en Français.



CFPB Consumer Education Resources

Resources to provide consumers up-to-date information to protect and manage their finances during the coronavirus pandemic. Resources include:

  • mortgage and housing assistance
  • managing your finances
  • student loans
  • avoiding scams

And resources for specific audiences, including:

  • older adults & their families
  • parents & kids
  • people experiencing homelessness



Longitudinal Immigration Database: Immigrant children and census metropolitan area tables, 2018

The most recent 2018 data from the Longitudinal Immigration Database (IMDB) indicate that immigrant children make a significant contribution to Canadian society and the Canadian economy over time. Although immigrant children (32.2%) are more than twice as likely as non-immigrant children (15.4%) to live in low-income households, factors such as the opportunity to be educated in the Canadian system and an increased proficiency in the official languages help immigrant children attain wages in adulthood similar to those of their Canadian-born peers.

This analysis connects the characteristics of immigrants who came to Canada as children with their adulthood socioeconomic outcomes in 2018, such as participation in postsecondary education and median wages. The IMDB provides a long-term perspective on immigrants and their socioeconomic outcomes in Canada, offering details on how immigration is shaping Canada's future. In addition, these data from 2018 contribute to baseline estimates in preparation for future research on the impact of the COVID-19 pandemic on immigrant children, including immigrant children admitted during the pandemic, their adjustment period and their long-term socioeconomic outcomes in adulthood.



2021 Reports of the Auditor General of Canada to the Parliament of Canada – Report 4 – Canada Child Benefit

A report from Auditor General Karen Hogan concludes that the Canada Revenue Agency (CRA) managed the Canada Child Benefit (CCB) program so that millions of eligible families received accurate and timely payments. The audit also reviewed the one-time additional payment of up to $300 per child issued in May 2020 to help eligible families during the COVID‑19 pandemic.

The audit noted areas where the agency could improve the administration of the program by changing how it manages information it uses to assess eligibility to the CCB. For example, better use of information received from other federal organizations would help ensure that the agency is informed when a beneficiary has left the country. This would avoid cases where payments are issued on the basis of outdated information. To enhance the integrity of the program, the agency should request that all applicants provide a valid proof of birth when they apply for the benefit.

The audit also raised the concept of female presumption and noted that given the diversity of families in Canada today, this presumption has had an impact on the administration of the Canada Child Benefit program.