What is the Canada Learning Bond (CLB)?
April 2022 – 10 min read
The CLB is money paid out by the Government of Canada to help low-income families save for post-secondary education.
The government pays the CLB directly into a Registered Education Savings Plan (RESP).
Eligibility for the CLB
If you’re the primary caregiver, the spouse or common-law partner of the child’s primary caregiver, you can apply to receive the CLB on behalf of an eligible child. Although the CLB is paid into an RESP, you don’t need to be contributing to be able to receive it. Instead, eligibility is based on the number of children in your family, as well as your household income:
|Number of children|| |
Adjusted net family income (2021)
1 to 3
Less than or equal to $49,020
Less than $55,311
Less than $61,626
Less than $67,942
Less than $74,257
Less than $80,572
Income eligibility amounts accurate from July 1, 2021, to June 30, 2022.Footnote *
A child is eligible if they are:
- From a low-income family
- A resident of Canada
- Born on or after January 1, 2004
- Named in an RESP
Children in care are also eligible for the CLB, in addition to Children’s Special Allowances (CSA)Opens a new website in a new window - Opens in a new window.
Applying for the CLB
You’ll need to visit the Government of Canada website to apply for the CLB onlineOpens a new website in a new window - Opens in a new window.
Before you do, you’ll need to ensure that you have:
Social Insurance Numbers (SIN)
You’ll need to provide your child’s SIN number as well as your own.
An open RESP
If you don’t already have an RESP, you’ll need to open an account before you can request the CLB.
Note that you don’t need an open bank account in order to apply. Once your application is approved, the CLB will be deposited directly in your RESP for every year your child is eligible.
The information provided is accurate to the best of our knowledge as of the date of publication. This information is general in nature, and is intended for educational purposes only.