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The Office for Disability Issues has recently distributed the draft regulations for the RDSP. They will be conducting consultations in Vancouver, Toronto, Montreal and Ottawa within the next two weeks to hear feedback from the disability community and financial institutions. If you are interested, I have attached a copy of the Regulations and the invitation for the consultations. We…
read moreThis question has been coming up a lot lately as more and more people apply for the Disability Tax Credit (DTC) to become eligible for the Registered Disability Savings Plan in 2008. We’re hopeful that the RDSP will be available in 2008, and it is important that people sign up for the DTC as it can take longer to be…
read moreAs the Registered Disability Savings Plan (RDSP) received royal assent and continues to gain momentum within the provinces, it is becoming increasingly likely that the RDSP may be available by late 2008 (as forecasted by the federal government). It is now becoming more and more important for people to apply for the Disability Tax Credit (DTC) which is the…
read moreBC is the first provincial government to respond to the RDSP. The BC Government has opened the door for people with disabilities and their families to use the RDSP in securing the future and improving their lives. Minister Claude Richmond and his colleagues have exempted RDSPs as assets for determining eligibility for Disability…
read moreAfter an 8 year campaign, PLAN’s proposal for a Registered Disability Savings Plan is now a fact. On Friday December 14th the RDSP received royal ascent after passing third reading in both the House of Commons and the Senate. The RDSP is historic and noteworthy for a number of reasons:…
read moreMinister Flaherty tabled legislation to create the Registered Disability Savings Plan on November 21st. The text of the “first reading version” of the bill can be accessed from this site: http://www.parl.gc.ca/LEGISINFO/index.asp?Language=E&query=5334&List=toc. Note that the RDSP is only part of a larger Bill. You can also see the status of the Bill from this site. The explanitory notes that accompany…
read more1) When will people actually be able to setup an RDSP and how much lead up time will people have to get the necessary paper work in place? Our most recent meetings in Ottawa suggest that the necessary legislation will be passed this fall and regulations early in 2008. The Federal Government is moving very quickly to implement and hurdles…
read moreWe have had a few inquiries for brochures about the RDSP that could be used to inform people about the initiative. You are welcome to download, print and distribute the attached RDSP fact sheet. RDSP Fact Sheet
read moreErin enjoys a rich life with her family and friends. Few families are better prepared to plan for the future. Ric and Pat, Erin’s parents, are well known family leaders who are involved with PLAN, Family Support Institute and Vela Microboard Association. Pat, who leads PLAN’s will & estate planning workshops,…
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