For most Canadian parents, the first recommendation they hear from banks is to open a Registered Education Savings Plan (RESP). While RESP has its place, it also comes with major restrictions: contribution caps, taxation on withdrawals, and limited use for tuition only. This means that even after years of saving, many children still graduate with debt.
Our Child Wealth Plan (CWP) is designed to solve these problems. Instead of putting money into a plan that can only be used for education, the CWP uses your monthly child tax benefit (or even a small monthly contribution) to build tax-free growth that benefits your child throughout their life.
With CWP, your contributions grow inside a specially structured life insurance policy. This allows your child to access funds for much more than tuition — whether that’s books, living costs, a first home, starting a business, or even travel. Plus, unlike RESP, the CWP provides a permanent life insurance benefit, guaranteeing protection and wealth transfer for the next generation.
Key Benefits:
• Turn child tax benefits into a wealth-building tool.
• Tax-free growth that can be accessed anytime.
• Flexibility: use the money for education, housing, or starting a business.
• Permanent life insurance that secures wealth for future generations.
The wealthy have used this strategy for decades to pass on generational wealth. Now, it’s available for Canadian families who want more than an education fund — they want to give their child the foundation for financial freedom.
Ready to give your child more than an RESP? Book a free consultation and learn how the Child Wealth Plan can set your family apart. In fact, nearly 70% of students graduate with an average of $28,000 in student debt, despite RESP being available since the 1970s — a clear sign that RESP alone isn’t solving the problem.