Canada Learning Bond definition

Canada Learning Bond means a Canada Learning Bond as described in the CES Act;
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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;
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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.
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Examples of Canada Learning Bond in a sentence

  • In order for the Basic and Additional Canada Education Savings Grant to be paid, the Beneficiary must be resident in Canada at the time of each contribution to the RESP and for a Canada Learning Bond to be paid, the Beneficiary must be resident in Canada immediately before a Canada Learning Bond payment is made.

  • Paid solicitors are required to make the following disclosures without any prompting from the consumer: o A statement that the person soliciting the charitable contribution by telephone is paid to make the solicitation.

  • The Promoter may also be required to refund a Canada Education Savings Grant, a Canada Learning Bond or a Designated provincial program grant in accordance with other circumstances set out in the applicable Tax Laws.

  • One new initiative, for example, is the Winnipeg Promise, which is led by the Mayor of Winnipeg, Brian Bowman (who is Metis) and a steering committee of business, education, health and non-profit leaders, and aims to unlock access to federal funds through the Canada Learning Bond for low-income and Indigenous families.

  • The Canada Learning Bond provides a grant to low-income families to begin an RESP and encourages parents to save for their children’s post-secondary education.

  • Public Primary Caregivers must receive payments under the Children’s Special Allowances Act.n Canada Learning Bond (“CLB”)The CLB is an additional federal government grant for a Canadian- resident beneficiary born after 2003 whose Primary Caregiver is in receipt of the National Child Benefit Supplement.

  • New federal investments in education include the introduction of a Canada Learning Bond and enhancements to the Canada Education Savings Grant.

  • The Subscriber has requested that a payment of the Basic and/or Additional Canada Education Savings Grant and/or the Canada Learning Bond be paid into the RESP in respect of the Beneficiary.

  • The Canada Learning Bond (CLB) and enhancements to the Canada Education Savings Grant were implemented in July 2005.

  • In addition, on top of the contributions you make, the federal government may pay Canada Education Savings Grant (“CESG”) and Canada Learning Bond (“CLB”) amounts to the RESP under certain conditions.


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;
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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.
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Canada Learning Bond means the bond payable or paid under section 6 of the CESA.
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Canada Learning Bond means the Canada Learning Bond as defined in the Canada Education Savings Act. (f) “Designated Educational Institution” means an educational institution in Canada that is
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Canada Learning Bond or “CLB” means a grant under the Canada Education Savings Act (CESA).
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