Provincial/Territorial Update – Keeping Track of Your Province/Territory
Currently BC, Alberta, Newfoundland, Saskatchewan, Manitoba, Ontario, Nova Scotia, NWT and Yukon have exempted the RDSP as an asset and/or income. Quebec and New Brunswick have exempted the RDSP as an asset but are capping the amount of income that you...
PLAN and PLAN Institute win the 2008 Arthur Kroeger Award for work on the RDSP
Carleton University’s Arthur Kroeger College of Public Affairs recently announced its 2008 Arthur Kroeger Award Winners which recognize individuals and organizations who, by their contributions to public life, have made Canadians more informed, their governing institutions more effective, and...
US Senator Proposes Disability Savings Accounts
The Registered Disability Savings Plan seems to be impacting policy outside of Canada. Chris Dodd, the US Senator for Connecticut has introduced legislation for a Disability Savings Accounts, which proposes to help families of Americans with disabilities set aside...
Newfoundland Exempts RDSP
The provincial government of Newfoundland and Labrador has amended its regulations to exempt the RDSP from the calculation of income support benefits. We congratulate the Newfoundland and Labrador government for taking this very important step in helping improve the...
RDSP FactSheet for Communities
Recently we have received a number of requests to create a RDSP FactSheet that outlines the key characteristics of the RDSP so that people can spread the word about the RDSP within their respective communities. With this in mind...
Saskatchewan Budget Announces Increase in Disability-related Tax Credits
For anyone living in Saskatchewan, the recent Provincial Budget that was released last Wednesday has outlined the Government’s commitment to drastically increase the amount provided for four of the Disability-related tax credits. We are very pleased to see that...
RDSP Draft Regulations Available – Consultations Beginning
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...
Disability Tax Credit Certificate: How Long Does It Remain Valid and When Do I Have to Re-apply?
This 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...
Getting ready for the RDSP: Why it’s important to apply for the Disability Tax Credit
As 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...
BC Government Exempts RDSPs
BC 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...