Canada Learning Bond (CLB) Participation Rate (percentage), Cumulative Number of Beneficiaries, and Cumulative Number of Eligible Children by Forward Sortation Area (FSA; i.e., the first three characters of the postal code)

About This Grant

The CLB is available to children born on or after January 1, 2004, who are from low-income families or getting benefits under the *Children’s Special Allowance Act*. The CLB provides an initial payment of $500, and $100 for each year of eligibility up to age 15 (to a maximum of $2,000) and is retroactive. This means CLB payments can be requested for years the beneficiary was eligible, even for years before they were named in an RESP. Personal contributions are not required to receive the CLB. The table consists of quarterly data beginning with the period ending on December 31, 2006. The first column presents the number of children who have ever received the CLB, the second column presents the number of eligible children in the given Forward Sortation Area (sourced from the Canada Revenue Agency), and the third column presents the participation rate or the proportion of children receiving the CLB in relation to the eligible population. All population counts of 30 or below ar