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Oct 2, 2023
The Canada Disability Benefit A New Beginning For Family Tax, Estate And Financial Planning
On June 22, 2023, the Canada Disability Benefit Act received Royal Assent and became law. It was a very long journey which started with the first reading of Bill C-22 way back in June of 2022. The Act states in the summary that its purpose is to reduce poverty and to support the financial security of working-age persons with disabilities.
The legislation goes on to say that disability will have the same meaning as in section 2 of the Accessibility Canada Act, which reads as follows:...