RESP vs. non-registered investment accounts
Over time, it pays to have your child's postsecondary investment
tucked away in an RESP.
After 18 Years:
Non-registered investment account, based on a $2,500 initial
investment and a $500 annual contribution. Compound annual return
of 8.00%* taxed at 31.15%. RESP, based on a $3,000 initial
investment ($2,500 personal and $500 CESG), a $500 annual
contribution and a $100 CESG contribution. Compound annual return
of 8% and growth is not taxed.
*This example is a hypothetical investment return and is not
indicative of the performance of our funds.