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 consists of a refundable tax credit that is paid directly into a registered education savings plan ( RESP) opened with a financial institution or with another registered education savings plan provider that offers the Québec education savings incentive. The list of providers is available on the Revenu Québec website.
The trustee designated by your registered education savings plan provider must apply to Revenu Québec for the Québec education savings incentive.
Your RESP provider still has not made it possible for you to benefit from the QESI?
Beginning January 1, 2011, any contributions you made to an RESP from February 21, 2007, to December 31, 2010, for which you have not claimed the QESI can be transferred to an RESP provider that offers the QESI.