Canada Disability Savings Program: 2022 Key Statistics

On this page

• List of abbreviations
• List of figures
• List of tables
• Introduction
• 1. RDSP take-up rate
• 2. Number of RDSP beneficiaries
• 3. CDSP financial summary

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Introduction

The Canada Disability Savings Program (CDSP) comprises the Registered Disability Savings Plan (RDSP), the Canada Disability Savings Bond (CDSB), and the Canada Disability Savings Grant (CDSG). The program supports persons with disabilities approved for the Disability Tax Credit (DTC) to save for the future. 

Limited program results including the take-up rate and beneficiary numbers have been made available on an annual basis. However, detailed CDSP statistics have not been published since the 2017 statistical review. The current report presents a summary of the 2022 CDSP annual statistics^{Footnote 1}. These include the RDSP take-up rates, the number of RDSP beneficiaries, and the values of CDSB, CDSG, contributions, and total assets. This overview also provides the national RDSP take-up rate of the past ten years. Starting in 2024, the program will release comprehensive CDSP statistics on an annual basis, sharing reports and open data for the preceding calendar years, including retroactive information.

1. RDSP take-up rate

The RDSP take-up rate is a percentage of DTC-approved individuals, aged 0-49, that have an RDSP as of the end of the year. As of December 31, 2022, the national RDSP take-up rate was 36.3%. Table 1, Figure 1, and Figure 2 provide information on the 2022 RDSP take-up rate by geography, by age groups, and by gender. Table 2 includes the reported national RDSP take-up rates of the past ten years.^{Footnote 2}

Text description - Figure 1

Geography	2022 RDSP take-up rate (%) of ages 0 to 18 years	2022 RDSP take-up rate (%) of ages 19 to 34 years	2022 RDSP take-up rate (%) of ages 35 to 49 years
Canada	24.2	47.4	45.6
Newfoundland and Labrador	15.8	33.1	30.0
Prince Edward Island	20.5	38.7	39.0
Nova Scotia	18.0	37.0	33.6
New Brunswick	14.4	33.3	29.2
Quebec	20.8	48.8	53.3
Ontario	25.1	48.4	46.4
Manitoba	20.0	43.3	43.7
Saskatchewan	22.4	44.6	43.1
Alberta	24.8	47.8	41.8
British Columbia	31.5	52.5	51.0
Yukon	20.0	30.7	37.9
Northwest Territories	14.6	24.2	28.1
Nunavut	4.2	6.3	17.1

Text description - Figure 2

Geography	2022 RDSP take-up rate (%) of female	2022 RDSP take-up rate (%) of male
Canada	36.6	36.0
Newfoundland and Labrador	25.7	25.7
Prince Edward Island	32.0	32.0
Nova Scotia	29.0	27.9
New Brunswick	25.5	23.1
Quebec	37.5	34.5
Ontario	37.3	37.2
Manitoba	33.0	33.3
Saskatchewan	35.1	33.2
Alberta	35.0	35.7
British Columbia	42.7	42.8
Yukon	33.3	25.5
Northwest Territories	23.0	19.8
Nunavut	7.3	8.8

2. Number of RDSP beneficiaries

2.2 Number of beneficiaries with active RDSPs as of December 31, 2022

This number is the distinct count of persons with disabilities who have an RDSP that remains open on December 31, 2022. This number was 262,722. Figures 3 to 5 show the characteristics of these beneficiaries by gender (figure 3), age groups (figure 4) and geography (figure 5), as of December 31, 2022.

• Note: K represents 1,000.

Text description - Figure 3

Gender	Number of RDSP beneficiaries as of December 31, 2022 (in thousands)
Male	156.6
Female	106.1
Total	262.7

• Note: K represents 1,000. Totals may not add up due to rounding.

Text description - Figure 4

Age groups	Number of RDSP beneficiaries (in thousands)	Proportion of RDSP beneficiaries (%)
60 and over	6.1	2.3
50 to 59	38.5	14.7
35 to 49	70.3	26.8
19 to 34	83.2	31.7
0 to 18	64.6	24.6

• Note: K represents 1,000.

Text description - Figure 5

Geography	Number of RDSP beneficiaries (in thousands)
Newfoundland and Labrador	3.8
Prince Edward Island	1.4
Nova Scotia	7.5
New Brunswick	4.7
Quebec	40.4
Ontario	106.0
Manitoba	12.0
Saskatchewan	7.7
Alberta	32.7
British Columbia	45.9
Yukon	0.2
Northwest Territories	0.2
Nunavut	0.0

3. CDSP financial summary