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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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Central Banks Shift Gears: Rate Cuts on the Rise

 

In a significant shift in monetary policy, seven out of the ten major developed-market central banks have begun easing their interest rates. This move marks a notable departure from the previous trend of rate hikes aimed at curbing inflation.

Current Landscape

The central banks of the United States, Eurozone, Japan, and others have started to lower their rates, responding to a mix of slowing economic growth and easing inflation pressures. This trend underscores a growing consensus among policymakers that the global economy needs support to sustain growth.

Data Dependency

Policymakers are emphasizing a data-dependent approach, meaning future rate cuts will be closely tied to economic indicators. This cautious stance reflects the uncertainty surrounding the global economic outlook and the need to balance growth with inflation control.

Market Reactions

Financial markets have reacted positively to these rate cuts, with stock markets rallying and bond yields falling. Investors are optimistic that lower borrowing costs will stimulate economic activity and support corporate earnings.

Looking Ahead

As central banks navigate this new phase, the pace and extent of future rate cuts will be critical. Economists and traders will be watching closely for signals from policymakers about their next moves, making economic data releases more influential than ever.


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