Investing
If a person with a disability receives an inheritance directly, they may lose their provincial disability benefits because these programs have strict asset limits. One of the goals of creating an inheritance plan for a disabled child is to allow them to maintain their quality of life while ensuring they are not disqualified from provincial … Read more
The Client Relationship Model Phase 3 (CRM3), also known as Total Cost Reporting (TCR), is arguably the most significant regulatory change in the Canadian investment industry since the introduction of CRM2 a decade ago. While CRM2 forced advisors to show only commissions and trailer fees, CRM3 mandates financial institutions to disclose all costs associated with … Read more
The Financial Consumer Agency of Canada (FCAC) has established a commitment with major banks to offer free bank accounts to specific groups, including disabled individuals who qualify for the Disability tax credit (DTC) or are a recipient of provincial social assistance such as ODSP. This commitment was updated on December 1, 2025, enhancing the benefits … Read more
It is a common question that arises in lectures and webcasts when a participant asks the speaker how the Registered Disability Savings Plan (RDSP) should be invested. A typical response is to ask a “financial planner”. This isn’t about the instructor being dismissive or rude, but a candid recognition that the question is just too … Read more