Sometimes there is pride in being in the position of the Last One Standing. Alas, today there is none.
Although happy to report that New Brunswick is now the 9th province to exempt the RDSP in some form**, I am even more disheartened to see that this effectively leaves Nova Scotia ias the very last Province to deal with this most important issue.
In this there is no pride.
What will it take to make it happen here?
** New Brunswick has not only completely exempted the RDSP as an asset and allowed $800 in income from an RDSP (which figure will be adjusted to the LICO) but has also improved their regulations to allow for up to $200,000 to be placed in trust for a disabled person and will now treat other trust income in a similar way as RDSP income. **
Update: Full Press Release can be found here.