I don't know much about the Social Research and Demonstration Corporation so I can't vouch for their credentials, but the results of their latest study are not surprising: the Canada Learning Bond (CLB) program "is not reaching the lowest income families or children in care... does not close the gap in education savings between low- and high-income families... and varies considerably across Canada", reaching fewer people in remote and rural regions. People don't suddenly become able to afford an education just because you make them save for it longer, just as they don't suddenly become able to save for retirement. These savings plans take something that should be available to all Canadians - education, pensions... - and make them the domain of people who can afford to pay. What's next? Registered Cancer Pre-payment Plan? Here's the full report (86 page PDF).
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