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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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Israeli Forces Near Rafah Amid U.S. Pressure

                                                

Israeli forces have gathered near Rafah, with tanks firing close to residential areas and drones monitoring the city from above. The U.S. President, Joe Biden, has threatened to withhold military aid if Israel proceeds with a full-scale invasion of Rafah. Ceasefire negotiations continue in Cairo, with various parties involved, including Hamas and Islamic Jihad, who claim to have engaged Israeli forces with anti-tank rockets and mortars.

Key Points:

  • Tensions in Rafah: Israeli tanks and helicopters are active near Rafah, causing casualties and damage.
  • U.S. Stance: Biden warns of withholding weapons from Israel to prevent a major invasion of Rafah.
  • Ceasefire Efforts: Talks in Cairo involve multiple parties, with the U.S. playing a significant role in negotiations.
  • Humanitarian Crisis: The conflict has led to a severe humanitarian situation in Gaza, with shortages of medical supplies and food, and the displacement of thousands of people.

The situation remains volatile, with ongoing military actions and diplomatic efforts to reach a ceasefire. The international community is closely watching the developments, hoping for a resolution that ensures the safety and security of all parties involved.

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