Royal Bank of Canada announces that they will begin offering RDSPs on February 16th
Feb 9 – RBC announced today that it will be offering an RDSP product effective February 16th. This is good news for Canadians as they now have a choice about where they open their RDSPs. At the same time,...
Do I need to be approved for the Disability Tax Credit before I set up an RDSP?
Another question that has been coming up frequently is around applying for the Disability Tax Credit. The approximate time it takes to process the DTC application is around 6-8 weeks (approximate), and this has many people wondering whether they...
Parents as holders of RDSPs
Now that the RDSP is a reality and financial institutions are beginning to offer it for sale a major challenge is beginning to surface. Parents are encountering an impediment to opening an RDSP for their adult sons and daughters. ...