Starting Young

Ensuring That Kendra Can Make More Personal Choices For Kevin and Simon Porter and their nine-year old daughter Kendra, it comes down to choice. It’s a concept that most people take for granted, but something that is dearly important...

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...

RDSP: A path to prosperity—Dave Hodges—MoneySense.ca

If you or a loved one has a disability, the RDSP could be the perfect way to secure a solid financial future. As the single mother of a disabled daughter, 52-year-old Mississauga resident Rita Kerkmann worries about what will...

Jim Flaherty, Poverty Fighter—Al Etmanski—The Globe and Mail

Thanks to Jim Flaherty, disabled Canadians can fulfill their dreams Among Jim Flaherty’s many proficiencies I would add poverty fighter. No one knew this better than Canadians with disabilities and their families. Next to social isolation, poverty is their...

Protecting RDSPs and RESPs from Bankruptcy Seizure—MLA Andrew Weaver

How many of us plan for bankruptcy? Very few. Unfortunately, it happens far too often. When it occurs, individuals inevitably struggle to rebuild their lives in the hope that one day they will become financially stable once more. Registered...

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...

PRESS RELEASE – BMO Calls for Improvements to the RDSP—marketwatch.com

BMO Financial Group today called for a national solution to help make opening a Registered Disability Savings Plan (RDSP) easier for those who may need assistance from a guardian, during a hearing of the Senate Banking, Trade and Commerce...

Shanahan: Little-known tax credits are available for disabilities—The Montreal Gazette

Disability is not a fun topic, but it is one that is becoming a more likely reality for many families. Medical advances and increased life spans keep people alive but not always with the full mental and physical capacity...

Apple Trees for the Future — Frank Driscoll, CACL

The RDSP program was introduced by the Government of Canada in 2008 to help Canadians with disabilities save for the future. The program is good for people with intellectual disabilities, it’s good for their families, and it’s good for...

Claw-Back and Pick-Up—The Canadian Charger

Two terms that are useful in looking at the impact of social programs are claw-back and pick-up. Let’s illustrate. If a person receiving the Old Age Pension has revenue beyond a certain level, part of the Old Age Pension...