Canada Disability Savings Bond
In order to be eligible to receive the CDSB the following conditions must be met:
The amount of the CDSB is based upon the family net income as follows: (2015 figures reported below):
If the beneficiary's family net income is less than or equal to $26,021, then the beneficiary may receive $1,000 in Bond for that particular year.
If the person in respect of whom a special allowance is payable under the Children's Special Allowances Act for at least one month in that year, then they may receive $1,000.
If the beneficiary's family net income is greater than $26,021, but less than $44,701, then the beneficiary will receive a portion of the $1,000 based upon the following formula:
$1,000 - [$1,000 x (A-B) / (C-B)] where:
A= Family Income
Contact the Wealth Management Contact Centre at 1-877-929-4499 and talk to one of our investment specialists.