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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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Retail Sales Decline, Cisco Announces Layoffs, and Fast Food Chains Report Earnings: A Snapshot of Economic Trends

 

In the ever-evolving landscape of business and finance, several key events have recently unfolded. Below are three significant developments:

1. Retail Sales Fall

The retail sector faced headwinds as Sabre Corporation, a technology services provider to the travel industry, reported a loss of $96.5 million in its fourth quarter. Despite exceeding Wall Street expectations in terms of adjusted losses, the company’s revenue of $687.1 million fell short of forecasts. As consumer behavior continues to shift, retailers must adapt to changing market dynamics.

2. Cisco’s Workforce Restructuring

Cisco, a network giant, is embarking on a strategic overhaul. The company plans to lay off thousands of employees as it redirects its focus toward high-growth areas. This move underscores the need for agility and adaptability in the tech industry, where innovation and efficiency drive success.

3. Fast Food Earnings

In the fast-food arena, Restaurant Brands International (RBI) delivered better-than-expected results. Fueled by robust sales at Tim Hortons, RBI reported fourth-quarter net income of $508 million, up significantly from the previous year. Adjusted earnings per share stood at 75 cents, beating analysts’ estimates. The company’s net sales rose by 8%, reaching $1.82 billion. As the fast-food industry continues to thrive, investors closely monitor the performance of major chains.

In summary, these developments offer insights into the broader economic landscape. Retailers, tech companies, and fast-food chains must navigate challenges and seize opportunities to remain competitive in an ever-changing world.

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