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RDSP for disability savings comes into effect January 1st

January 15th, 2009 | Posted by pfmarchive in uncategorized

picture 041In what is considered one of the most significant disability initiatives since the International Year of the Disabled in 1981, Canada’s federal government has launched a new tax-deferred savings plan for people living with a disability.

The government has also created the Canada Disability Savings Grant and the Canada Disability Savings Bond.

We speak with Jack Styan, executive director of Planned Lifetime Advocacy Network in Vancouver, to find out more about RDSPs, what they are, and how they work.

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video

Jack Styan speaks at the introduction of the RDSP (December 23, 2008)

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