There are no liquid asset exemptions applicable under Section 4(4) except:
Investments (not liquid cash) such as RRSP's, GIC's Cash Value, Stock's etcetera will be exempt for applicants requesting Emergency Fuel Benefits under section 4(4) of the NB Regulations. A liquid asset exemption of $2,000.00 will also be provided to applications for the Emergency Fuel Benefit.
The following Assets, which are usually exempt, must also be considered:
- Lump Sum Payments to HIV/AIDS Infected Hemophiliacs, Thalidomide Victims & Survivors
- Lump Sum Compensation payments to Japanese Canadians
- Lump Sum Compensation payments to sexual abuse victims
- Income generated by Trust Funds established for Blind, Deaf or Disabled
All applicants who are certified Blind, Deaf or Disabled are eligible for the following liquid asset exemptions:
- Funds invested in a RDSP up to $290,000 for units with a Blind, Deaf or Disabled person
- Funds invested in an RRSPs up to $50,000 for units with a Blind, Deaf or Disabled person
- Funds invested in a Trust Fund up to $200,000 for units with a Blind, Deaf or Disabled person
- A liquid asset of $10,000 for units with a Blind, Deaf or Disabled person