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Canada is set to give more parents up to $2,000 to help pay for their child's education

Summary by Narcity

Changes to a government payment are set to allow more parents to receive up to $2,000 for their children. That includes an easier way to get money from the Canada Learning Bond for parents and extended access to retroactive payments once a child turns 18.

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soscip.org

Canada To Provide Parents With Up To $2,000 To Support Their Child's Education

On February 21, 2025, the federal government unveiled important changes to the Canada Learning Bond (CLB), aimed at helping more parents access up to $2,000 for their child’s education. The updates include a smoother way to receive funds and expanded retroactive access for parents and eligible young adults, making it easier than ever to save for post-secondary education. Table of ContentsMajor Changes to the Canada Learning BondThe Impact of Aut…

18 hours ago

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