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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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Canada’s Inflation Rate Falls to 2.7% in April Amid Price Growth Slowdown

 

Canada’s annual inflation rate declined to 2.7 per cent in April, down from 2.9 per cent in March. This broad-based deceleration in price growth provides the Bank of Canada (BoC) with a potential “all clear” signal for a June rate cut.

Key Points:

  1. Food Prices, Services, and Durable Goods: The slowdown was led by food prices, services, and durable goods. These sectors experienced a moderation in price increases, contributing to the overall cooling of inflation.

  2. BoC’s Considerations: With inflation easing, the BoC may have more room to maneuver its monetary policy. A rate cut could stimulate economic activity and support recovery.

  3. Market Expectations: Analysts are closely watching the BoC’s next move. If the trend continues, a rate cut in June could be on the horizon.

Implications:

The decline in inflation suggests that the Canadian economy is stabilizing after a period of rapid price increases. While the BoC will carefully assess economic data, the recent cooling of inflation provides an opportunity for policy adjustments.

As always, market participants and consumers should stay informed about central bank decisions and their potential impact on borrowing costs, investments, and overall economic conditions.


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