PLAN’s Submission to Finance Canada’s RDSP Three-Year Review

A Three-Year Review of the RDSP Between October 21 and December 16, 2011, the Government of Canada held a formal Review of the Registered Disability Savings Plan to ensure that the savings plans continue to meet the needs of...

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...

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...

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...

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...

RDSP Resource Centre posts top 10 improvements for the RDSP

While preparing for the federal government RDSP Review currently underway, I have formulated my (first) top 10 list of reforms to improve the Registered Disability Savings Plan to make it more useful for Canadians. Read more.

Treatment of RDSPs by the US Internal Revenue Service

People continue to be concerned about US tax liabilities of US citizens (including accidental US citizens) with RDSPs.  The RDSP Resource Centre is calling on the federal government to add the tax treatment of Registered Disability Savings Plan to...

RDSPs attractive, but need a few tweaks – Financial Post

Tax-assisted Registered Disability Savings Plans first became available in December 2008 and, with their third year anniversary fast approaching, the government has launched a formal consultation process to solicit the views of stakeholders as to how to improve the...

Ottawa reviews RDSPs to improve them – Financial Post

The federal government says it will consider changes to the Registered Disability Savings Plan program that has already attracted 48,000 people in its first three years. The plan offers generous funding under the Canada Disability Savings Grants program. Depending...

ENSURING THE EFFECTIVENESS OF REGISTERED DISABILITY SAVINGS PLANS-Finance Canada

ENSURING THE EFFECTIVENESS OF REGISTERED DISABILITY SAVINGS PLANS 1. Introduction An important consideration for parents and grandparents of a child with a severe disability is how best to ensure that child’s financial security when they are no longer able...