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Disability sign, white wheelchair graphic on blue background

People who lost DTC eligibility under now-changed rules had to close their RDSPs and repay $34.4 million in grants and bonds

Tower of Victory and Peace in Ottawa, Canada. Bell and Clock Tower of Canadian Parliament.

The DTC is key to programs such as the RDSP and Child Disability Benefit

Rideau Canal skating rink, Parliament of Canada in winter

The pre-budget report also recommends reforming the registered disability savings plan

the canadian parliament and library during the fall

Changes take effect Jan. 1, 2021

Ottawa Canal at night

The one-time payment will be tax free and is meant to cover pandemic-related costs

Canada Parliament Building and clock tower at night

The government is already lowering minimum withdrawal rates for RRIFs

Worried Young Couple Lying On Carpet Calculating Their savings, planning future, retirement fund

An additional 35,000 Canadians would be eligible for DTC under Tory plan

Parliament buildings on a sunny day

The report also argues for a basic income to address poverty in the disability community

Senate committee's recommendations would increase enrolment and make accessing funds easier for planholders

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

The investment fund company has also added tiered pricing for RDSP accounts

  • By: IE Staff
  • October 1, 2018 October 17, 2019
  • 14:30