Does your bill propose anything on withdrawals? My eldest, who is 15, is getting toward university now. Is there any stipulation as to the timing of the withdrawal? I have two plans. I have the regular RESP, and I have the one that I've contributed to and tax-deducted. Can I withdraw them as I choose?
Clearly, there are two different plans here. One is an RESP that comes out in my child's name, and the other is additional income for me. I'd probably like to defer the additional income if I'm still taxable and withdraw the RESP money first. Is there any reference to that in your bill at all in terms of the timing of withdrawal requirements?