Baby's $700 raffle win invested over 20 years is now paying his university tuition. Canadian parents can do the same

Baby’s $700 raffle win invested over 20 years is now paying his university tuition highlights a long-term education windfall that began with a small 50/50 raffle purchase in 2004. During the Women’s Baseball World Cup at Edmonton’s Telus Field, Lorraine Stevenson and Georgina George bought several tickets, including one for five-month-old Leo Bruce, with a specific condition: winnings should support his education. The ticket paid out just over $700, and the couple refused to return the money to the family. Over more than 20 years, the investment grew enough to cover part of Leo’s university tuition, and he is now studying kinesiology at the University of British Columbia with aspirations in chiropractic work. The story is used as an example of early savings, relating to Canada’s Registered Education Savings Plan (RESP) and government supports such as the Canada Education Savings Grant, including a 20% match up to $2,500 per year and lifetime limits. Eligibility can also expand for lower-income families through the Canada Learning Bond.