September 17 2019 12:18pm

Federal Election 2019: Scheer announces plan to increase government RESP contribution

Conservative Party Leader Andrew Scheer announced his plan on Tuesday to increase the government’s contribution to the Registered Education Savings Plan, increasing it from 20% to 30% for every dollar up to $2,500 yearly. He added that low-income families would receive 50% on the first $500 invested instead of 40%.

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