The Peterborough Poverty Reduction Network’s Response to the RDSP Review
The Peterborough Poverty Reduction Network held a public consultation on the effectiveness of the Registered Disability Savings Plan in early December. We wrote our report based on this consultation as well as on discussions with healthcare and disability services providers and...
Free Government money for people with disabilities: Justin’s story
By Susan Anthony PLAN Justin was 3 days away from his 18th birthday when he had a heart attack. He was lucky that his sister heard a strange noise and woke up to find him on the living room...
BMO Press Release: BMO Calls for Hike in RDSP Contribution Limit
BMO Financial Group today provided its comments and recommendations to the Government of Canada’s review of the Registered Disability Savings Plan. “When Finance Minister Jim Flaherty took the important step of introducing the RDSP, Canada showed the world how...
‘Tis this season to maximize deductions— Winnipeg Free Press
As another tumultuous year draws to a close, let’s try to save you some tax money for 2011. Dec. 31 is the deadline for deductible business expenses, which mostly relates to commission salespeople and to business owners. Corporate tax...
Mackenzie Investments enhances product offering with Registered Disability Savings Plan
Mackenzie Financial Corporation (Mackenzie Investments) today announced that it now offers Registered Disability Savings Plans (RDSPs) to eligible clients. A Federal Government program, the RDSP is designed to help families and individuals save for the long-term financial security of...
RRSP, PRPP, TFSA, RESP or RDSP?—Financial Post
The registered disability savings plan (RDSP) should really be the go-to registered vehicle for disabled Canadians and their families to not only enjoy taxdeferred investment compounding but to take advantage of significant government funds available, potentially retroactive to 2008,...
Raising a disabled child takes a village (and an RDSP) – The Globe and Mail
The adage about a village raising a child couldn’t be more apt for our family. Our urban neighbours are constantly on the lookout for our autistic and non-verbal 13-year-old son. The bagel shop knows him by name and he’s...
Family Finance: This breadwinner must keep on working-Financial Post
Sometimes a family’s breadwinner can’t retire, even at 65. An Alberta woman we’ll call Maeve is the principal support for her husband, whom we’ll call Tom, already 65, stricken with a progressive illness that will eventually reduce his mobility,...
Exempt the RDSP across all of BC’s disability supports (student loans, home care, child care and long-term care)
The Registered Disability Savings Plan (RDSP) was introduced by the federal government to assist people eligible for the disability tax credit to build an asset for the future. After tax, savings in an RDSP are matched by up to...
Should the federal government allow rollovers of RESPs to RDSPs?
Families have asked about the ability to rollover an Registered Education Savings Plan to a Registered Disability Savings Plan almost since the RDSP was launched. I’ve always assumed that it made sense to create such a provision. Today I...