Disability Credit Consultants

Honourable Diane Ablonczy, Minister of State (Seniors) designated October 1 as National Seniors Day (NSD) through the bill “Celebrating  Canada’s Seniors Act”. The bill and the NSD are an honour for and recognition of the contributions of the older Canadians as builders of the country.

There was a time in Canadian history when people with disability were seen as a threat to society, law and order, and to themselves that they were best kept in asylums or institutions. By the start the 1920s, people with disabilities were encouraged to participate in society pr perform job roles.  Radical changes, however, came during the 1970s when traditional views on people with disability were challenged as themselves the limiting factors against the individuals. Instead, participation was enhanced through increase of access to buildings, transport, and employment.

The proposed rollover of  a deceased person's RRSP (Registered Retirement Savings Plan) and RRIF (Registered Retirement Income Fund) proceeds to the Registered Disability Savings Plan (RDSP) of a financially disabled child or grandchild will start on July, 2011. A light at the end of the tunnel in Canada's 2010 Budget which got mixed reviews when it was first tabled in the public earlier in March, this year.

Canada’s older population was seen to factor in the increase of the disability rate from 12.4% of the total population in 2001 to 21.2% in 2006 translated to about 4.4 million. This has shifted Canada’s demographic dramatically with the older population from households reporting limitation in activity due to physical or psychological condition.