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Two-Thirds of RDSP Money Goes Unclaimed: How Ottawa's $70,000 Disability Benefit Actually Works

  Published August 19, 2026 Of the 311,000 active Registered Disability Savings Plans opened since the program launched in 2008, Canadians have contributed $3.3 billion — and Ottawa has matched that with $5.1 billion in grants and $2.1 billion in bonds, according to figures reported by BNN Bloomberg on Wednesday. That sounds like a program working as intended. It isn't. The same report cites the latest Statistics Canada tally showing that two-thirds of the government money set aside for the RDSP goes unclaimed every year, largely because eligible Canadians don't know the plan exists. If you or someone in your family is approved for the Disability Tax Credit, this is one of the highest-value accounts the federal government offers — richer, dollar for dollar, than the RRSP, the TFSA, or the RESP. Here's how the math actually works, and what it takes to claim your share. Who qualifies Anyone approved for the Disability Tax Credit (DTC) — via CRA Form T2201, certified by a medi...
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BCE Slashes 9% of Workforce in Largest Restructuring in Decades

 

BCE Inc., Canada’s largest telecommunications firm, has announced a significant workforce restructuring, marking its most substantial effort in nearly three decades. The Quebec-based company plans to reduce its staff by approximately 4,800 positions in 2024, which amounts to about 9% of its total workforce. This move is aimed at aligning the cost structure with revenue potential across various business segments.

In addition to the workforce reduction, BCE expects to achieve in-year cost savings ranging from C$150 million to C$200 million (approximately $111 million to $148 million). Notably, the company has also made a 3.1% dividend increase, a departure from its usual 5% increase, signaling a strategic shift.

The telecom giant’s quarterly earnings report revealed adjusted earnings per share of C$0.76, surpassing the average analyst estimate of C$0.73. BCE’s decision reflects a proactive approach to adapt to changing market dynamics and optimize its operations.

This restructuring underscores BCE’s commitment to maintaining financial resilience while navigating industry challenges. As the company streamlines its workforce, it aims to position itself for sustained growth and efficiency in the ever-evolving telecommunications landscape.

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