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If you would like easy to understand information on the new Registered Disability Savings Plan please visit

Recently, Vickie Cammack, Co-Founder of PLAN was interviewed for an article on the Samara Blog about the RDSP, and the history behind the new plan.

“Public Service Matters” By Steve Gamester – June 24th, 2009

“I think we’ve been successful because we’ve had a hand in the soil and a hand in the stars at the same time.” With that, Vickie Cammack sums up the winning formula that led to the RDSP, a registered savings tool designed for the long term financial security of people with disabilities.

How did the RDSP happen? According to Vickie, it had all the typical policy development ingredients we know and love: multiple consultations, independent research and an expert panel. The original idea, however, was born in the community. This is the other half of the formula: the hand in the soil.

Since it was founded in 1989, PLAN has talked to thousands of individuals with disabilities and their families about what they want in life. Their approach, while simple, was revolutionary. “Traditionally, the attitude towards people with disabilities has been, let’s get them services,” said Vickie, but she and co-founder Al Etmanski found that one-dimensional.

“We asked people to talk about the elements they considered critical to have a good life. Most people talked about close connections with friends and family and the freedom and ability to pursue their interests,” she said. From these consultations, PLAN quickly recognized that financial security was a big part of that equation so began to look for ways to help families achieve it. Eventually that led to the RDSP.

“The original idea was for a tax credit, but it never caught on,” explained Vickie. “Everything changed as soon as we started calling it a Disability Savings Plan.” That concept clicked with people, reminding them of the familiar RRSP and RESP.”

To view the article in its entirety please visit the Samara Blog by clicking on the following link:


If you would like easy to understand information on the new Registered Disability Savings Plan please visit

In the last few days I have received upwards of 30 e-mails requesting information on when the federal government Grant and Bonds will be deposited into people’s RDSPs.  It sounds like a lot of people are pretty worried that although they deposited money into their RDSP before the March 2, 2009 deadline, they might not get their 2008 Grant and Bond.

The Good News – this does not mean that you won’t receive your Grant and Bond for 2008.

So why is this taking so long for you to receive your Grant and Bond into the plan, and will this be usual?  Currently the federal government has the systems in place to administer the Grant and Bond every month to financial institutions.  In fact, the Government has already been paying Grants and Bonds to many individuals with RDSPs.  But, in order to transfer payments to financial institutions both the federal government and the financial institution must have their electronic systems that allow them to exchange financial transactions and receive payments fully functional, otherwise the transfer won’t occur.  

From what we have heard, the various financial institutions offering the RDSP are still in different stages of development of their electronic systems.  This was caused by the fairly rapid introduction of the RDSP as a Registered Plan in Canada, and the significant money and time investment for financial institutions to set up these systems.  

Officially, financial institutions offering RDSPs can submit requests for 2008 and 2009 Grant and Bonds until June 30th, 2010.  This does not mean you can contribute to your RDSP before June 30th, 2010, and receive the 2008 Grant and Bond, it is simply a provision that was put in place to allow financial institutions the time to set up the appropriate systems while still being able to set up RDSPs for Canadians.

So, does this mean that you won’t get your Grant and Bond for 2008 and 2009 deposited into your RDSP?

No, not necessarily.  Financial institutions have until June 30th, 2010 to request the 2008 and 2009 Grant and Bond, but most will likely begin requesting Grants and Bonds much sooner.  We have heard that some financial institutions are telling their clients that they will be up and ready to request and exchange transactions and payments sometime in September, while others are already receiving them. If you are interested in knowing when you might receive your Grant and Bond, you can always ask your bank when they expect to be ready.

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