Asset Limits Table
Last updated on July 1, 2019Asset Limits
Effective: July 1, 2019
This table is not an exhaustive summary of asset exemptions. For more information on assets and asset exemptions, visit the Assets & Exemptions policy topic.
The asterisk indicates that most recent table changes
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Income Assistance1 |
Disability Assistance2 |
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Single |
Couple, and One or Two Parent families |
Family Unit with One PWD Designation |
Family Unit with Two PWD Designations |
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Basic Limits |
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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 |
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Vehicles |
*Exempt: One vehicle used for day to day transportation needs |
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*Not exempt: Subsequent vehicles – equity included as part of cash or equity (see above). |
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Registered Savings and Trusts Limits |
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Redeemable RRSP |
Not Exempt – same treatment as cash or equity (see above). |
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Non-Redeemable RRSP |
Exempt |
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RESP |
Exempt |
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Trusts
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Non-Discretionary Trusts: Not Exempt 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 |
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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. |
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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. |
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Self Employment/Business Assets |
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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 |
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1 For recipients of income assistance receiving accommodation or care in a private hospital or a special care facility, see disability assistance limits.
2 For recipients of income assistance and disability assistance that have applied for or intend to apply for the PWD designation, see disability assistance limits.
This webpage was last updated: July 1, 2019