Though the media is going all crazy over the federal budget being announced now (especially with the Liberals and NDP announcing they won’t support it), it looks like another snoozer with no tax bracket alterations, no GST cut, and only a bunch of minor fiddlings with the tax code and spending initiatives.
One change that caught my eye was the introduction of a Registered Disability Savings Plan (in the works for over a year, it seems), which helps parents save for their disabled children. The name is somewhat of a misnomer. It’s more like turning disabled children into mini-charities, and making contributions to their well-being tax-deductible.
The thing that bothers me most about it is that the government isn’t actually contributing anything to these kids. Shouldn’t services for people with disabilities be covered by the government, either through health care or other services?
And doesn’t saving for a disability just sound weird?