Tuesday, May 17, 2016

Momentum's Free Money Party - Canada Learning Bond Enrolment Event

Long time CIES collaborator Momentum, founded in 1991, is one of Canada’s most successful Community Economic Development organizations. At Momentum, individuals and families take control of personal finances, secure meaningful employment, borrow and repay loans for business or education, and even purchase homes. Participants achieve these results through award-winning programs designed to build personal, financial and social assets. Additionally Momentum’s community leadership activities address the broader systemic issues that make it difficult for people in Alberta to exit poverty. The results are individuals and families with sustainable livelihoods, who are able to contribute to their community. Momentum conducts presentations at CIES several times a year and we count them as an invaluable partner in the services we provide our clients.

Momentum will be hosting an RESP Sign up event on June 2nd, 2:30-6:30 pm. This family friendly event will give parents the chance to open an RESP account for $0 at the bank of their choice. Eligible low income families can get up to $2000/ child from the Canada Learning Bond once they’ve opened the RESP. Banks in attendance include TD, RBC, CIBC, BMO, Scotiabank, ATB, First Calgary Financial and Servus Credit Union. Parents need to bring ID & SIN for themselves and their children in order to open the account on-the-spot. The event will also feature children’s activities, prizes, a photo booth & snacks! To register for this great event simply CLICK HERE. 

In the end Momentum envisions every person as having a sustainable livelihood who can contribute to their community and to work towards this vision, momentum partners with people living on low incomes to increase prosperity, and inspires the development of local economies with opportunities for all. CIES would like to extend a healthful thank you to Momentum for the incredible impact you have on the life of Calgarians  the last 25 years.

1 comment:

  1. The best thing about RESP is you don't have to pay a lot of money in terms of various charges which are usually associated with savings bank accounts.