Asset Limits Table

Income Assistance¹

Disability Assistance²

Single

Couple, and One or Two Parent families

Family Unit with One PWD Designation

Family Unit with Two PWD Designations

Basic Limits

Cash

Equity in property, investments or other financial instruments, and in trust where the applicant or recipient has control over disbursements

*$5,000

*$10,000

$100,000

$200,000

Vehicles

*Exempt: One vehicle used for day to day transportation needs

*Not exempt: Subsequent vehicles – equity included as part of cash or equity (see above).

Registered Savings and Trusts Limits

Redeemable RRSP

Not Exempt – same treatment as cash or equity (see above).

Non-Redeemable RRSP

Exempt

RESP

Exempt

Trusts

Non-Discretionary Trusts: Not Exempt – same treatment as cash or equity (see above).

Discretionary Trusts: Exempt in certain narrow circumstances

Non-Discretionary Trusts: Exempt - capital contributions up to $200,000 plus any associated return on investment

Discretionary Trusts: Exempt

Note: Due to the complexity of trust law, before an eligibility decision is made, a legal opinion must be sought by the ministry’s Legislation, Litigation and Appeals Branch. 

Trust Withdrawal: See Trusts policy for information on income treatment.

RDSP

 Exempt

RDSP Withdrawal: Exempt – Even if is converted to a non-exempt asset. It is the client's responsibility for clearly documenting that the funds originated directly from an RDSP.

Self Employment/Business Assets

Self-Employment/ Business Asset

For both Income Assistance and Disability Assistance recipients participating in the ministry’s Self-Employment Program, please see the policy Self-Employment Program for PPMB & PWD