1250 René-Lévesque Blvd. West, Suite 1500
Montréal, QC  H3B 4W8   Map

D. Matthew Campbell


Jennifer Pretli




Registered Education Savings Plan

Reference guide

With the ever increasing cost of post secondary education, a Registered Education Savings Plan (RESP) is an attractive way to plan for this major life event. The benefits of using an RESP for education savings include:

  • tax deferral
  • income splitting
  • government grants and incentives to top up your education

An RESP is a government sponsored savings program that allows for the tax deferred growth of investments in the plan and takes advantage of education savings grants. When the income in the account is withdrawn to fund qualified postsecondary education, the withdrawals are taxable to the RESP beneficiary (the student), who is usually in a lower tax bracket than the subscriber.

Planning tip:

When setting up an RESP, naming joint spousal subscribers on the plan should be considered. In the event of the death of one of the joint subscribers, the surviving subscriber will have the right to continue managing the RESP.

Click here to download our RESP reference guide.

Tax & Estate Planning



Get the latest strategies to help protect and enhance your wealth from our Tax & Estate Planning Professionals.

November 2017
Charitable Giving
This holiday season, a charitable giving strategy can amplify the impact of each dollar you give. There are 4 ways you can support a favourite cause and maximize the tax-effectiveness of your donation.

View article


Our view



Get the latest market insights and trends from our internal research experts.

11 December 2017
Performance Chasing
View Article 

4 December 2017
Profiting from Investor Misbehaviour
View Article

Special Report
What of the 40? Fixed Income in portfolio building and the alternatives that are often substituted. In an investment climate of low yields, investors have strained to find adequate returns out of the “fixed income” portion of their portfolio. In a search for yield, maybe alternatives to traditional fixed income have been explored.. 
Read now

Media Centre



Get the latest news and media releases about Richardson GMP.

19 September 2016
Gareth Watson on CBC: Consumer debt
Gareth Watson, Director, Investment Management & Researcher joined Carole MacNeil on this weekend's CBC Business Panel. Among the topics discussed were consumer debt levels and changes to the minimum wage.

Read more