You already know that there are many smart reasons to open a Registered Education Savings Plan (RESP). Good for you! While helping a child achieve their dreams is likely at the top of your list, the ability to grow tax-free income on your hard earned money in an RESP, and the opportunity to maximize government grants are likely not too far behind.
Consider this last benefit – government grants -- for a moment. All you have to do to receive grants is to continue to contribute to your RESP.
