People with disabilities in Ontario feel they are getting the short end of the financial stick during the Covid-19 crisis. I can’t say I disagree with them. Hundreds of thousands of Ontarians with disabilities receive social assistance from the Ontario Disability...
by Ron Malis | Apr 29, 2020 | Uncategorized
The federal government has reduced the amount retirees must withdraw from Registered Retirement Income Fund accounts because of the effects Covid-19 is having on investments. They seem to have overlooked those with a Registered Disability Savings Plan (RDSP). Sharp...
by Ron Malis | Apr 3, 2020 | RDSP, Uncategorized
On November 22, 2018, the Ford Government announced forthcoming changes to the Ontario Disability Support Program’s (ODSP) treatment of employment income and its definition of disability. The changes were supposed to be implemented at some point during the following...
by Ron Malis | Jan 20, 2020 | ODSP, Uncategorized
Jeanette was 36 when her father died. It had been a tough year for Jeanette. After her father passed away, she had to set up a Henson Trust for her older brother, Darrell. She didn’t expect her role as trustee – and everything else that came with it – would be...
by Ron Malis | Nov 28, 2019 | Advice, Estate Planning, ODSP, Uncategorized
The Liberal government presented the 2019 budget, yesterday. In it, they made two positive changes to the Registered Disability Savings Plan (RDSP). To open an RDSP account, you must qualify for the Disability Tax Credit (DTC). Once you have that, you can open an...
by Ron Malis | Mar 20, 2019 | RDSP, Uncategorized
OPINION If the Liberal government won the last election, people on the Ontario Disability Support Program (ODSP) would have seen a 3% increase in their disability income benefits and several other changes that would have eased some of the program’s financial...
by Ron Malis | Aug 13, 2018 | ODSP, Uncategorized