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Coming Soon - Quebec Education Savings Incentive (QESI)
Renaissance Investments is planning to offer this year the Quebec Education Savings Incentive (QESI) to eligible Registered Education Savings Plan (RESP) accounts. As a provider of the QESI, Renaissance Investments will apply for this incentive with Revenu Québec on the subscriber's behalf for contributions made since February 21, 2007.
How the QESI works
The QESI is a tax measure introduced by the Quebec government in February 2007 that encourages Quebec families to start saving early for their children's education.
The incentive is a refundable tax credit that will be paid directly into your Renaissance Investments RESP account. This tax credit will be calculated on any eligible contributions made on or after February 21, 2007 to your RESP for a beneficiary who is a resident of Quebec.
Further details on the program and the application process will be communicated to eligible RESP subscribers in January 2010.
To learn more about the QESI, please visit Revenu Québec.
For more information regarding your RESP account, please contact your financial advisor or our Renaissance Investments Client Services Team at 1 888 888 FUND (3863).
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