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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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Trump Criticizes Federal Reserve Chair Powell Over Tariff Remarks

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President Donald Trump has publicly expressed dissatisfaction with Federal Reserve Chair Jerome Powell, hinting at his removal following Powell's comments on the economic impact of tariffs. Powell, in a recent speech, highlighted the potential for increased inflation and slowed economic growth due to the tariffs, which he described as larger than anticipated.

Trump, in a social media post, criticized Powell for not lowering interest rates aggressively, comparing the Federal Reserve's approach unfavorably to the European Central Bank. He stated that Powell's "termination cannot come fast enough," despite legal protections that prevent the president from firing the Federal Reserve Chair without cause.

Powell, who was initially appointed by Trump in 2018 and reappointed in 2022, has emphasized the Federal Reserve's independence and commitment to making decisions based on economic analysis rather than political pressure. This clash underscores ongoing tensions between the administration and the central bank over monetary policy and economic strategy.

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