Mr. Speaker, through the Canada education savings grant the Government of Canada matches contributions up to $400 a year to help families save for their children's future education.
Yesterday in St. John's, Newfoundland I had the pleasure of meeting the Porter family, whose daughter Kristina received the billionth dollar of Government of Canada investment in her CESG account.
This $1 billion is matched by $5 billion saved by Canadian families. Now one in five Canadian children has a Canada education savings grant.