Disability Benefits Available in Canada

More Canada Updates
- Advertisement -

Canada, like any other wealthy countries, provides several types of benefits to its citizens and residents. One of these aids include a variety of benefits and monetary assistances for people with disabilities to help them as well as their families. These include the following programs:

  1. Canada Incapacity Savings Grant. This type of government grant is one that the government will deposit onto the beneficiary’s Registered Disability Savings Plans (RDSP) to help him or her save. The government can provide to as high as 300%, depending upon the income of the beneficiary’s family as well as the amount they contributed. The maximum amount a beneficiary can receive yearly is $3,500.00, and a maximum of $70,000.00 throughout the beneficiary’s entire lifetime.
  2. Canada Incapacity Savings Bond. This type of assistance offers money that the government will deposit into the beneficiary’s RDSP. This type of assistance is specifically allotted to Canadian Citizens with low and modest-income. Those qualified will be given a yearly allowance up to $1,000.00, depending upon the beneficiary’s family income. However, there is a lifetime limit amounting to $20,000.00, which is the maximum amount a beneficiary could receive.
  3. Canada Pension Plan Incapacity Assistances. This assistance is a disability benefit that is a taxable monthly payment, which is available only to people who have contributed to the Canada Pension Plan. Furthermore, beneficiaries are those who are incapableof working regularly at any job because of his or her disability. In order for one to qualify for this benefit, he or she must meet the following requirements: (a.) have a serious and long standing disability, (b.) not older than 65, and (c.) meet the CPP contribution requirements.
  4. Child Incapacity Benefit. This type of government funded benefit is a tax-free assistance amounting to as much as $2,650.00 annually, approximately $220.83 monthly. This aid goes to families with a child who is less than 18 years of age with a serious and prolonged impairment in either physical or mental capabilities.
  5. Disability Award. This type of benefit is a tax-exempt cash compensation for members of the Canadian Forces who were injured or contacted an illness as a result of militaryassistance.
  6. Incapacity Pension. This kind of pension is allotted to eligible civilian, members of the Royal Canadian Mounted Police, members of the Canadian Forces, War Service Veteran, and Veteran Canadian Forces.
    step by step
  7. Education financing for individuals with incapacity. This aid or assistance includes a number of links to amenities, assistance, and even programs to help not only people within capacities, but also their family.
  8. Federal excise gasoline tax refund program. This program allows a person with mobility impairment to refund some of the gas he or she purchased. This benefit was allotted for these people because their impairment prevents the beneficiary from using the public transportation to commute.
  9. Canada Pension Plan children’s benefits. These are benefits allocated for children of either disabled or deceased Canada Pension Plan contributors. These children should either be under 18 years of age or in between the ages of 18 and 25 who is in complete attendance at a recognized university or school.
- Advertisement -
- Advertisement -
- Advertisement -
Latest News

100 Largest Cities in British Columbia, Canada

After Ontario and Quebec, British Columbia is the third most populous province in Canada. Generally, the population in the...
- Advertisement -

More Articles Like This

- Advertisement -