Best RDSP Provider in Quebec 2026: The Shortlist

By Michel-Alexandre Riendeau, founder of REEI.ca LinkedIn

Published September 26, 2026

Updated October 21, 2026

Looking for the best RDSP provider in Quebec? We compared the options on the federal list by support, remote opening, available investments and published fees. For a family that wants support from the disability tax credit (DTC) through to the grants, our first choice is REEI.ca. To manage a child’s investments yourself, TD Direct Investing leads the self-directed options. Here is the shortlist.

Before choosing, estimate your grants and bonds with our free RDSP calculator.

Key takeaways

• Grants are the same everywhere. The federal government sets the grant and the bond based on family income, whatever the institution. No provider can get you more than your entitlement.
• The real gap is support. Providers differ in DTC help, tracking of carry-forward entitlements and the steps at age 19. That is often where amounts are missed.
• The DTC comes first. The beneficiary must qualify for the disability tax credit before the RDSP can be opened. REEI.ca supports both steps, while banks mainly open the plan.
• Self-directed or with an advisor. TD Direct Investing lets you open a self-directed RDSP online for a child. National Bank Direct Brokerage reserves its RDSP for adult beneficiaries able to manage it.
• Only one RDSP at a time. A direct transfer lets you change providers without losing grants. Never withdraw the money yourself to deposit it elsewhere.

What an RDSP provider is (and what it is not)

An RDSP provider, or issuer, is an institution authorized to hold the registered disability savings plan. It receives your contributions, applies on your behalf for the Canada Disability Savings Grant and the Canada Disability Savings Bond, then invests the money in the investments you choose. The RDSP supports the long-term financial security of a person who qualifies for the DTC.

According to the federal page on opening an RDSP, 17 organizations agreed to appear on the list of issuers: banks, fund companies, an insurer and brokers. You do not need to already have an account there. Some firms, such as REEI.ca, open the RDSP through a partner issuer, here Mackenzie Investments, without appearing on the list themselves.

In this presentation (in French), Michel-Alexandre Riendeau explains the RDSP, the benefits of the DTC and how to apply, with a complete simulation.

Watch the video (in French)

Presentation from November 2024. For this year’s amounts, see the support table further down.

How we ranked these RDSP providers

We reviewed each institution’s official RDSP page and fee schedule between September 26 and October 21, 2026. Each provider was assessed on five verifiable criteria, without a score out of 100: without a comparable test of real service, a score would give false precision.

REEI.ca ranks first for families who want to delegate: it is our specialty, the service covers the DTC, the opening and the grant applications in a single file, and clients rate it 5.0 across more than 1,500 Google reviews.

The best RDSP providers in Quebec in 2026

Here is our shortlist, ranked using the criteria above. The banks and broker included are the ones Quebec families mention most often. Features come from official pages. Always confirm the conditions that apply to your RDSP before signing.

1. REEI.ca, best for support from the DTC through to the RDSP

REEI.ca is the French-language service of Terry Capital inc., a Quebec company based in Montreal. Everything starts with an online eligibility questionnaire. An advisor certified by the Autorité des marchés financiers, Quebec’s financial regulator, then supports you remotely, with electronic signature and no branch appointment.

The service covers the whole journey: checking eligibility, having a health professional complete the T2201 DTC form, opening the RDSP, applying for the grant and the bond, then planning contributions and eligible carry-forward entitlements. The RDSP is held at Mackenzie Investments or another partner institution, and our advisors practise through MICA Capital inc. For the DTC, according to our DTC page (in French), if we do not help you obtain a refund or additional benefits, our services cost you nothing.

According to our data, the families we have supported obtained more than $50M in grants through the RDSP. La Presse, TVA Nouvelles and Radio-Canada have covered our approach. The public profile of advisor Ludovic Désert describes his own physical limitations. REEI.ca is not a self-directed brokerage.

2. Desjardins, best for staying in your network with an advisor

At Desjardins, the RDSP is opened through a Desjardins Financial Centre advisor. Desjardins’ RDSP page describes three steps: discussing your needs, choosing investments, then contributing, as one-time or automatic payments. It features term savings, market-linked guaranteed investments and a stable savings account.

These guaranteed products are reassuring, but an RDSP often stays invested for 20 or 30 years. If you are aiming for growth, ask for the full list of eligible investments and their management fees. We did not find an RDSP among the accounts offered by Desjardins Online Brokerage, so self-directed investing does not appear to be offered. Also ask who will track the grant, the bond and carry-forward entitlements.

3. National Bank, best for choosing between an advisor and direct brokerage

With an advisor, National Bank appears on the federal list through its Natcan Trust Company. For self-directed investing, National Bank Direct Brokerage (NBDB) states on its forms page that its RDSP is offered only to adult beneficiaries able to manage it. A parent opening a plan for a minor child must therefore go through an advisor or look elsewhere.

The NBDB fee schedule advertises $0 commission on stocks and ETFs traded online. An administration fee of $100 per year applies, however, unless you meet an exemption criterion, such as holding $20,000 in eligible assets on May 31.

4. TD Direct Investing, best for managing a child’s RDSP yourself online

The TD Direct Investing RDSP page lets you open a self-directed RDSP online and hold stocks, ETFs, mutual funds, fixed income, GICs or options. Its pricing shows $0 commission on a selection of ETFs, not all of them, and $9.99 per stock trade for a standard investor.

A maintenance fee of $25 per quarter applies when the balance is under $15,000. TD waives it through its household account program, and holding an RDSP is one of the qualifying criteria. The trap of self-directed investing is not the market, it is forgetting: a missed December contribution or a portfolio never reviewed.

5. RBC Royal Bank, best for automatic contributions with an advisor

The RBC RDSP page offers opening in branch or by phone, with GICs, mutual funds, portfolio solutions and savings deposits. Pre-authorized contributions start at $25 per week.

For a transfer to another institution, that page shows a $150 fee, while the RBC investment FAQ states $50. Ask for the applicable amount in writing before opening the plan, especially if you may change providers later.

6. Scotiabank, best for an all-in-one portfolio with an advisor

Scotiabank offers the RDSP with an advisor. Its page lists GICs, mutual funds and Scotia Essentials Portfolios, which combine ETFs and funds in a single investment. It is a simple way to diversify without picking each security. Ask for the management expense ratio of each portfolio and who will track grant and bond applications.

7. BMO, best for GICs and funds with a professional

BMO opens the RDSP with one of its professionals and offers GICs and investment funds. Its RDSP page does not publish fees: ask for the total cost, the scope of RDSP follow-up and how the professional is paid before signing.

Other issuers worth knowing. CIBC opens the RDSP by appointment or by phone. IG Wealth Management and Empire Life, with segregated funds, go through an advisor. According to its RDSP FAQ, Mackenzie also requires going through an advisor.

Side-by-side comparison

This table applies our five criteria: DTC support, remote opening, self-directed for a minor, investments and published fees.

Fees observed on official pages in September and October 2026. “Not stated” means the RDSP page we reviewed does not mention that service.

Which RDSP provider fits your situation

Has your RDSP been sitting in a savings account for years? A direct transfer of the entire plan lets you change providers without losing grants, according to Canada.ca’s transfer page.

What results look like with REEI.ca

A concrete example: a family with income of $38,237 or less contributes $1,500 in the year. It receives $3,500 in grant and $1,000 in bond, or $4,500 of support for $1,500 contributed. Here are the 2026 rules published by Canada.ca, based on family income from the 2024 tax return.

The grant is capped at $70,000 for life and the bond at $20,000. Entitlements from the last 10 years can be carried forward, up to $10,500 of grant per year. Read more about our team, client reviews and press coverage.

Frequently asked questions

What is the best RDSP provider in Quebec?

For a family that wants support from the disability tax credit through to the grants, our first choice is REEI.ca, rated 5.0 across more than 1,500 Google reviews. To manage a child’s investments yourself, TD Direct Investing is the most accessible self-directed option. Federal grants remain identical at every provider.

Which banks offer the RDSP in Quebec?

Desjardins, National Bank, RBC, TD, BMO, CIBC and Scotiabank all offer the RDSP in Quebec. The federal list also includes fund companies, an insurer and brokers, such as Mackenzie, IG and Empire Life. According to Canada.ca, you do not need to already be a client to open one.

How do I open an RDSP at Desjardins?

At Desjardins, the RDSP is opened with a Desjardins Financial Centre advisor, reachable at 1 877 286-3420. The process follows three steps: your needs, choosing investments, then contributions. We did not find an RDSP among the accounts offered by Desjardins Online Brokerage, so self-directed investing does not appear available.

Does Wealthsimple offer the RDSP?

No, according to its official list of accounts, which does not include an RDSP. Questrade does not offer it either, according to its account types page. For a self-directed RDSP online, look at TD Direct Investing, or National Bank Direct Brokerage if the beneficiary is an adult able to manage the plan.

How do I switch RDSP providers without losing grants?

Ask for a direct transfer of the entire plan to the new provider, using the forms of both institutions. Never withdraw the money yourself to deposit it elsewhere, because a withdrawal can require you to repay grants and bonds. A beneficiary can hold only one RDSP at a time.

How much does it cost to open an RDSP?

The official pages we reviewed show no opening fee, but other costs can apply: account fees, commissions, fund management fees and transfer fees. For example, National Bank Direct Brokerage charges $100 per year unless an exemption applies. Always ask for a written breakdown of the total cost before signing anything.

Can I open an RDSP online?

TD Direct Investing lets you open a self-directed RDSP online if you choose the investments yourself. With REEI.ca, you fill out a short online questionnaire, then an advisor supports you remotely through the disability tax credit, the opening and the grants. The beneficiary must first qualify for the DTC.

Check your eligibility for free with REEI.ca

Grants are the same everywhere. Support is not. We help you obtain the DTC, open the RDSP and claim every support you are entitled to. Everything is done remotely, with an advisor certified by Quebec’s financial regulator. Getting started commits you to nothing. Fill out the online eligibility questionnaire to learn your next steps.