DEFINITION:
Disability Canada Payments – Payments provided by the Government of Canada to individuals with disabilities in order to provide financial support and assistance for their daily living expenses and medical needs.
FAQs:
1. What types of disability Canada payments are available?
– There are various types of disability Canada payments available, such as the Canada Pension Plan Disability (CPP-D), Disability Tax Credit (DTC), and the Registered Disability Savings Plan (RDSP).
2. Who is eligible to receive disability Canada payments?
– Eligibility criteria vary for different disability Canada payments, but generally, individuals who have a severe and prolonged disability that prevents them from working or performing daily activities may be eligible.
3. How can I apply for disability Canada payments?
– To apply for disability Canada payments, you will need to complete the appropriate application form for the specific program you are applying for. These forms can usually be found on the Government of Canada’s official website or by contacting the relevant agency directly.
4. How long does it take to receive disability Canada payments after applying?
– The processing time for disability Canada payments varies depending on the program and individual circumstances. Generally, it can take several weeks to several months to receive a decision and start receiving payments.
5. What is the Canada Pension Plan Disability (CPP-D)?
– The CPP-D is a disability benefit program administered by the Government of Canada, which provides monthly payments to individuals who have contributed to the Canada Pension Plan (CPP) and are unable to work due to a disability.
6. What is the Disability Tax Credit (DTC)?
– The Disability Tax Credit (DTC) is a non-refundable tax credit program that provides financial assistance to individuals with disabilities to help offset the additional expenses they incur due to their disability.
7. What is the Registered Disability Savings Plan (RDSP)?
– The Registered Disability Savings Plan (RDSP) is a long-term savings plan designed specifically for individuals with disabilities. It allows for tax-deferred growth of savings and provides access to government grants and bonds to further assist in saving for the financial security of the individual with a disability.