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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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Global Markets Plunge Amid Tech Sell-Off and Economic Concerns

 

Global markets experienced a significant downturn today, with Japan’s Nikkei 225 index leading the decline, plummeting by 5.8%. This sharp drop follows a tech-driven retreat on Wall Street, where weak manufacturing data has raised concerns about the U.S. economy’s health and the Federal Reserve’s timing on interest rate cuts.

Investors are increasingly worried that the Fed may have missed its window to lower rates, potentially exacerbating economic slowdown risks. The anticipation of a crucial employment report has further fueled market anxiety, with futures for the S&P 500 and Dow Jones Industrial Average also showing declines.

The tech sector has been particularly hard-hit, with Intel’s announcement of a 15% workforce reduction adding to the market’s woes. This move is seen as a response to intense competition from rivals like Nvidia and AMD.

In Europe, major indices followed the downward trend, with Germany’s DAX and France’s CAC 40 both recording losses. The broader impact of these economic concerns is evident as markets worldwide brace for further volatility.


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