CDSG (Canada Disability Savings Grant)

What it means

The Canada Disability Savings Grant is a federal grant paid directly into an RDSP, matching contributions at up to 300%, depending on the beneficiary's family net income and how much is contributed in a year — up to an annual maximum of $3,500 and a lifetime maximum of $70,000.

Why it matters

For lower- and modest-income families, the CDSG can add more to an RDSP each year than the family actually contributes — it's the single biggest reason to prioritize RDSP contributions early, before matching eligibility ends at age 49.

Common misunderstandings

• •It isn't automatic — an RDSP has to be opened and contributed to for the grant to apply.
• •The matching rate isn't a flat percentage for everyone — it depends on family net income, with higher matching for lower- and modest-income families.
• •Grants stop being paid after the year the beneficiary turns 49, even if the RDSP stays open.

Where you'll see it

On every RDSP statement, and in any conversation about maximizing disability savings.