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Definition of 'Canada Learning Bond'
This bond is intended to help low-income families pay for higher education expenses. The Canada Learning Bond is funded by the Canadian government as part of a program to help less privileged families send their children to college. This bond has a maximum benefit of $2,000 per child.
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Investopedia explains 'Canada Learning Bond'
The Canada Learning Bond was instituted in 2004 by the Canadian Minister of Finance. Unfortunately, only a small percentage of eligible Canadian families took advantage of this program. As a result, the government has made efforts to increase publicity for the bond. This program depends largely on the National Child Benefit Program to determine eligibility for aid.
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Search results for 'Canada Learning Bond'
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http://www.investopedia.com/articles/younginvestors/09/college-savings-us-canada.asp
... deposit into your RESP. For example, your child could be eligible to receive
a $500 Canada Learning Bond. If you continue to meet ...
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http://www.investopedia.com/articles/pf/08/canadian-resp-education-saving.asp
... Canada Learning Bond (CLB) - The CLB is another grant available from the government
of Canada to help lower income families start saving for their children's ...
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http://www.investopedia.com/articles/pf/07/resp.asp
... get the application forms from Human Resources and Social Development Canada. ... This,
in conjunction with the Canadian Learning Bond, is a government program to ...
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http://www.investopedia.com/articles/basics/03/042503.asp
... are put on and people refrain from learning about other ... Year, Japan Nikkei, US S&P
500, Canada S&P TSX Composite, ... be if Sony were to issue a bond that matures in ...
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