The Québec education savings incentive (QESI) is a tax measure that encourages Québec families to start saving early for the education of their children and grandchildren.

This measure, which took effect on February 21, 2007, consists of a refundable tax credit that is paid directly into a registered education savings plan (RESP) opened with an RESP provider that offers the QESI.

For the credit to be paid to your account, the trustee of the RESP must apply for it with Revenu Québec.

If you wish to open an RESP, you may contact an RESP provider that offers the QESI, such as:

• a financial institution
• a group plan dealer
• a financial services provider