ESDC SDE 0100 - Part A (2018-03) E
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To be kept by receiving RESP promoter
To be completed by the subscriber
Emploi et
Développement social Canada
Employment and
Social Development Canada
4 Declaration and consent
Date (yyyy/mm/dd)
Date (yyyy/mm/dd)Subscriber's signature
I certify that the information provided on this form is accurate to the best of my knowledge.
I understand that if the transfer eligibility conditions are not met, some or all of the grants and/or the CLB will be repaid, and that except for the CLB, the
grant room will not be restored.
I understand that the Privacy Act gives me (or my authorized representative) the right to access or request correction to my personal information kept in
the government file.
I confirm that I have read and understood this document, including my privacy rights found in section 5, and I consent to the use and sharing of my
personal information.
I opt to proceed with this request and I authorize the receiving RESP promoter to request the transfer of the RESP assets as instructed in section 3 of
this form.
I understand that failure to complete and sign this form will result in the non-processing of the transfer.
Joint subscriber's signature (if applicable)
5 Your privacy rights
This section explains how
your information is used,
shared and protected. It also
explains how you can access
your personal information.
The personal information you provide is collected under the authority of the Department of Employment and Social
Development Act, the Canada Education Savings Act and the Income Tax Act for the administration of education
savings incentives. The Social Insurance Number (SIN) is collected under the authority of the Canada Education
Savings Act and in accordance with the Treasury Board Secretariat's Directive on Social Insurance Number. The
subscriber and joint subscriber SINs will be used as the primary identifier for the purpose of processing the transfer.
You are not obligated to provide any personal information. However, refusal to provide personal information will result in
the non-processing of the transfer of RESP assets.
The information may be used by and shared between Employment and Social Development Canada (ESDC), the
Canada Revenue Agency (CRA), the trustee, RESP promoters and their agents, for the administration of the Canada
Education Savings Act and the Income Tax Act.
Information may also be disclosed to Statistics Canada for research and statistical purposes. However, this additional
use will never result in an administrative decision being made about you.
You have the right to the protection of, and access to, your personal information. The Personal Information Banks ESDC
PPU 506 and ESDC PPU 390 describe the types of information held by ESDC for the administration of education
savings incentives by the Canada Education Savings Program. Instructions for obtaining this information are outlined in
the government publication entitled Info Source, which is available at Canada.ca/infosource-ESDC. Info Source may also
be accessed online at any Service Canada Centre.
You have the right to file a complaint with the Privacy Commissioner of Canada regarding the institution’s handling of
your personal information. Additional information is available at www.priv.gc.ca/en.
6 Definitions
These definitions are
provided for your information
only and do not constitute
the legal definitions. In the
event of a discrepancy, the
legal definitions found in the
Income Tax Act or the
Canada Education Savings
Act shall prevail.
Beneficiary: Usually a child, but can be any person named by the subscriber of an RESP.
Brother or sister: A brother or sister in relation to a beneficiary includes a son/daughter of the common-law partner or
spouse of a parent of the beneficiary.
Canada Education Savings Grant (CESG): Includes a basic amount of CESG (Basic CESG) and may include an
additional amount of CESG (Additional CESG).
Notional Account: For tracking purposes, a separate account that identifies the value of each monetary component of
the RESP, including contributions, earnings, CESG, CLB, SAGES and BCTESG. RESP notional accounts are the
theoretical value of an RESP, which may not reflect the actual value of plan assets.
Receiving promoter: means the RESP promoter, as agent of the trustee, who will be receiving the transferred assets
(in cash or in kind) from the relinquishing promoter.
Relinquishing promoter: means the RESP promoter, as agent of the trustee, who will be sending the transferred
assets (in cash or in kind) to the receiving promoter.
• Basic CESG is a payment of 20% on the first $2,500 of annual RESP contributions made on behalf of an eligible
beneficiary, up until the end of the calendar year in which he or she turns 17.
• Additional CESG is an additional payment of either 10% or 20% on the first $500 of annual RESP contributions
made on or after January 1, 2005, on behalf of an eligible beneficiary, up until the end of the calendar year in
which the beneficiary turns 17 years old.
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