Best resp rates canada
New anti-avoidance rules for RESP. Effective March 22, 2017, the anti-avoidance rules governing the Registered Plans has been extended to the Registered Education Savings Plans.. The rules provide a special tax on certain advantages that unduly exploit the tax attributes of an RESP, as well as special taxes on prohibited investments and on non-qualified investments. The main drawback of this simple RESP account is a lack of exposure to the stock markets. Stock investments have a higher expected rate of return than GICs over the long term. The problem is that most RESPs are going to be redeemed before the long term is up.