The maximum RESP grant or lifetime maximum CESG grant per child is $7200.
RESP government contributions are $500 a year for a total of $7200 (equivalent to $500 payments over approximately 14 years and $200 payments last year).
If you’re thinking of donating $2500 a year and paying a reasonably estimated 5-6% compounding interest over time (17+ years in this case), the fickle and inconsistent Mr. Enough time to understand the ups and downs of the market. To survive) you will get over $80,000 for your child’s post-secondary education.