Our Preventive Measures Against COVID-19

Last Update: March 25, 2020 9:45 AM

As a responsible employer and corporate citizen, Kaleido makes it a priority to ensure the safety and well-being of its employees, its representatives in the field, and of families like yours. We sincerely hope that you and your loved ones are healthy, safe and in good spirits.

Faced with this serious situation, Kaleido quickly implemented preventive measures at the head office and within our distribution network. These will ensure we continue to offer quality service to our clients while protecting the general population and respecting government directives.

Here’s how Kaleido is doing its part

  • All our employees are telecommuting to limit the spread of the virus.
  • For the same reason, our scholarship plan representatives continue all their activities by offering their clients video or phone conferencing for meetings.

We’re here for you

Despite the situation, our dedicated customer service team is at your disposal to answer any questions you have regarding your RESP, and our representatives remain available to advise you.

It’s a priority for us continue offering you quality service. Our team is working hard to respond to all requests as quickly as possible.

Your Client Space offers a quick and convenient way to:

  • view your current account balance and statements
  • update your contact or banking information
  • apply for an educational assistance payment
  • make additional contributions
  • submit a Social Insurance Number (SIN) safely
  • and much more!

The situation is evolving daily and we are monitoring all new developments to adapt quickly. We will fully comply with any and all recommendations the authorities may issue in the coming days.

FAQ

Can I come to your offices in person?

Unfortunately, our head office is closed to visitors at this time given the seriousness of the situation. We invite you to contact our Customer Service, which remains fully operational, at 1 877 710-7377. Our agents will be happy to answer all your questions.

What does this mean for my RESP?

Your RESP with Kaleido is a capital-guaranteed investment. Concretely, this means you recover all the contributions you invested at plan maturity, regardless of market conditions.1 The grant amounts received from the government are also protected and your child will receive these funds in full once enrolled in post-secondary studies, according to the regular terms and conditions of your RESP. Rest assured that, despite the current turmoil, Kaleido RESPs remain a safe investment.

Is it possible to interrupt my contributions during these exceptional times?

We understand that several families are currently facing financial strains. If you are in this situation, don’t hesitate to contact us at 1 877 710-7377 to learn more about the measures we’ve put in place to support you. One of our customer service agents will be able to review your options to help you get the respite you need.

I made request regarding my RESP. Will there be a delay in the processing of this request?

Our team is redoubling its efforts to respond to all requests as quickly as possible. For the time being, our activities are proceeding normally and, in general, processing times remain unchanged.

I had an appointment to open an RESP. What do I do?

Our scholarship plan representatives can hold all of their consultations over the phone or through conference calls; whichever you prefer. They can therefore help you start your education savings project the same way they normally would! The representative with whom you had an appointment will contact you shortly (if he or she hasn’t done so already).

Legal Notes

1. Savings invested in T-Bills and Governments Bonds. The refund of contributions at plan maturity includes the sales charges of $200 per unit under the REFLEX Plan. Under the INDIVIDUAL Plan, the sales charges of up to $200 are not refunded. Certain conditions apply; see our prospectus.