Mathew Hall

Parties to an Registered Disability Savings Plan (RDSP)

Registered Disability Savings Plans (RDSP) technically have three parties to the plan and each have their own eligibility requirements.  

How do the Canada Disability Savings Grant (CDSG) and Bond (CDSB) work?

The principal attraction of Registered Disability Savings Plans (RDSPs) are the generous government benefits, known as the Canada Disability Savings Grant and Canada Disability Savings Bond.  These amounts are set out in Canada Disability Savings Act, and...

What is an RDSP, and what are the benefits?

A Registered Disability Savings Plan (RDSP) is a long term investment vehicle for Canadians with disabilities.   The plan is designed to build an asset pool from which funds can be withdrawn during the retirement years to assist with the disabled...

Applying for the Disability Tax Credit (DTC)

Eligibility for the Disability Tax Credit is not based on a specific illness, condition or disability, but the degree and consistency to which the impairment affects an individual in the essential activities of daily living.  This can represent a challenge...

What is the Disability Tax Credit (DTC)?

The Disability Tax Credit is an important tax credit for Canadians with disabilities, not just because of the $8,113 disability amount.  The DTC allows you to unlocks a number of credits, deductions and benefits that can be claimed by the individual and...

Mental Illness and the Disability Tax Credit (DTC)

 As May 7th-13th is Mental HeaIth Week I thought it timely to post about mental illness and the Disability Tax Credit (DTC).