Canada Learning Bond definition

Canada Learning Bond means a Canada Learning Bond as described in the CES Act;
Canada Learning Bond means the Canada Learning Bond as defined in the Canada Education Savings Act. Subject to any restrictions of the applicable Tax Laws, the Canada Learning Bond is paid into the Plan on behalf of a Plan Beneficiary;
Canada Learning Bond means the bond payable or paid under BILL C-5, Section 6 (1) of the Canada Education Savings Act. Subject to this Act and the regulations, in respect of a Beneficiary under a Registered Education Savings Plan (RESP) who was born after 2003 and is less than 21 years of age at the time of application, pay to a trustee of a trust governed by the plan a Canada Learning Bond for the benefit of the trust.

Examples of Canada Learning Bond in a sentence

  • The Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB) are offered by the federal government.

  • As a condition for provision of the Funding Amount, the Foundation will conduct a 15 minute presentation on matters related to the Canada Learning Bond at the Event (“Foundation Presentation”).

  • The Foundation will also share print materials with attendees promoting Canada Learning Bond (the “CLB”) or education savings.


More Definitions of Canada Learning Bond

Canada Learning Bond means an amount paid to the Plan under section 6 of the Canada Education Savings Act;
Canada Learning Bond means the bond payable or paid under BILL C-5, Section 6(1) of the Canada Education Savings Act. Subject to this Act and the regulations, in respect of a Beneficiary under a Registered Education Savings Plan (RESP) who was born after 2003 and is less than 21 years of age at the time of application, pay to a trustee of a trust governed by the plan a Canada Learning Bond for the benefit of the trust.
Canada Learning Bond means the bond payable or paid under section 6 of the CESA.
Canada Learning Bond means the Canada Learning Bond as defined in the Canada Education Savings Act.
Canada Learning Bond or “CLB” means a grant under the Canada Education Savings Act (CESA).