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Who can open an RESP for a child?

April 26, 2017child RESP

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Who can open an RESP for a child?

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The rules and regulations set out by the Canada Revenue Agency (CRA) allow for parents, relatives and friends to open an RESP for a child. These rules may be found by visiting http://www.cra-arc.gc.ca/tx/rgstrd/resp-reee/menu-eng.html. For frequently asked questions about RESPs and the Canada Education Savings Grant, visit http://www.hrsdc.gc.ca/en/gateways/topics/cgs-fqf.shtml.