I just opened up an RESP for my kids this week. Its a minimum of $25 per month, 4 dates to choose from for pap (we chose the 22nd). The company will set you up for government grants and the government will apply up to $.40 on the dollar that you deposit. If you child was born 2004 or later you qualify for a $500 learning bond as well. When we were done the rep told me that for signing up I would get $50 in pampers coupons (5x$10) within 60days and because I signed up all my kids he thinks I will get $200 in coupons. If my eldest chooses not to use it for what ever reason it rolls to the next oldest and then the next etc. I thought this was a godd deal for something that I was doing anyways and will provide for my children in the future education.
This is the company info if anyone else is interested
Knowledgefirst Financial
1 800 363 7377
www.knowledgefirstfinancial.ca