Our RDSP information sessions are hitting the road

Join us for one of our upcoming information sessions on the Registered Disability Savings Plan (RDSP). Learn all about becoming eligible, opening and benefitting from an RDSP. They are fee to attend! April 25 – Castlegar, BC 5:00PM –...

Law Commission of Ontario Releases Final Report on Capacity and Legal Representation for the Federal RDSP

TORONTO, Nov. 27, 2014 /CNW/ – The Law Commission of Ontario (LCO) today releases its final report in its Capacity and Legal Representation for the Federal RDSP project. The Government of Ontario requested that the LCO undertake a review...

Have Your Say on Protecting RDSPs from Bankruptcy—by Andrew Weaver, MLA Oak Bay – Gordon Head BC

Back in March 2014,  I raised a concern about the lack of protection for Registered Disability Savings Plans (RDSPs) and Registered Education Savings Plan (RESPs). Industry Canada is now conducting a public consultation that includes these same concerns. As a quick reminder, RDSPs...

Would You Like to See RDSPs Protected from Bankruptcy?

PLAN would! And we have until mid-July 2014 to do something about it. Industry Canada is currently conducting a public consultation on the Bankruptcy and Insolvency Act – and in the discussion paper, a proposal has been made to exempt RDSP...

Case Studies in Social Innovation: RDSP—MaRS

The Registered Disability Savings Plan (RDSP) is a registered savings tool that is designed specifically for people living with a disability who are planning for better financial stability. This short profile is part of a recurring series on Ontario’s case studies in...

RDSPs and FATCA: Warning to People With Disabilities With Any Connection to the U.S.

On March 18, 2010, the United States (US) announced a world-wide provision known as the Foreign Account Tax Compliance Act (FATCA) which demands that every non-US financial institution on earth—such as all Canadian banks and credit unions—must enter into an agreement with...

The RDSP: A valuable tool for individuals with disabilities and their families—Senator Doug Black

Introduced by the Government of Canada in 2008, the Registered Disability Savings Plan (RDSP) was the first of its kind in the world. It helps individuals with disabilities and their families plan and save for the future. Last week, the Standing Committee...

Protecting Disability Benefits—Dustin Marnell, Associate with Horne Coupar

Caregivers providing assistance to persons receiving provincial disability benefits may be unaware that those benefits could be at risk. A person entitled to receive an inheritance or personal settlement may become ineligible for future disability benefits. This article will...

How Income Tax Provisions on RDSP Income may Affect Canada’s Newest—yet Landless—Band: The Qalipu Mi’kmaq of Newfoundland – by Joel Crocker

When payments are withdrawn from an RDSP, they are considered to contain private contributions, government contributions and investment income in the same proportions as within the RDSP.  Two of these, the government contributions and investment income, are taxable upon...