Valerie Bradford at the Public Accounts Committee

On October 25th, 2022. See this statement in context.

October 25th, 2022 / 4:35 p.m.

Liberal

Valerie Bradford Liberal Kitchener South—Hespeler, ON

Thank you very much.

One program that seems to be greatly underutilized is the Canada learning bond, and it's such a shame. In 2020, only 42% of children under age 21 who were already eligible actually used it. There was an RESP opened in their name, and the federal government deposited money into it, but it wasn't being utilized. This is free money from the government.

Do you have any idea what explains the low take-up rate for the Canada learning bond, Ms. MacDonald?

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