This is a supplement that the Government of Canada contributes to an RDSP. The size of the CDSG is based on family income and contribution amount. The maximum grant is $3,500 each year, with a total lifetime CDSG maximum of $70,000. Grants are paid into the RDSP until December 31st of the year the beneficiary turns 49 years of age.
The Canada Disability Savings Grant (CDSG) is a limited matching grant paid into a Registered Disability Savings Plan (RDSP) by the Government of Canada.
Depending on the beneficiary's family net income and contribution level, the Government may contribute funds equivalent to 300%, 200% or 100% of contributions made into an RDSP in a year.
An RDSP may receive up to a maximum of $3,500 annually in Grants.
The maximum lifetime Grant that may be paid on behalf of a beneficiary shall not exceed $70,000.
The CDSG may be paid on contributions made into an RDSP up until December 31st of the year in which the beneficiary turns 49 years of age.
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