OTTAWA (November 4, 2011) – Leon Benoit, Member of Parliament for Vegreville-Wainwright, encourages constituents to participate in the Government of Canada’s review of the Registered Disability Savings Plan (RDSP). “We will be seeking the input of those who are involved with the program,” stated Benoit, “and I hope anyone who has or is using it will submit their feedback.”
The RDSP is regarded as a major policy innovation and a positive development in helping to ensure the long-term financial security of children with severe disabilities. Introduced in 2007, the Plan began in 2008, with a review scheduled for three years later.
The Government is inviting stakeholders to comment on the RDSP to ensure that the plans are meeting the needs of Canadians with severe disabilities as well as their families. “It is important for those who benefit from these plans to provide their input, so that RDSPs can continue to accurately reflect and address their true needs”, explained Benoit. “The review will seek input on a number of important topics that are crucial to the success of the RDSP. These include issues related to establishing plans, accessing plan savings, plan termination, and the administration of the RDSP program.”
Individuals, families, groups representing Canadians with disabilities, financial institutions and experts in the field are encouraged to share their views on these and other relevant issues.
Comments and concerns must be submitted by December 16, 2011. Comments may be sent to the Department of Finance at RDSP-REEI@fin.gc.ca or to the address provided below:
Tax Policy Branch
Department of Finance
16th Floor, East Tower
140 O’Connor St.
Ottawa, ON K1A 0G5