As a shareholder of a company, you have the right to attend and vote in shareholder meetings for that company. Voting by proxy allows you to cast your vote prior to the shareholder meeting without attending the meeting in person. Before each shareholder meeting you’re eligible to participate in, you'll receive the necessary documents in the mail. They'll include your unique control number and instructions on how to cast your vote.
Eligibility is based on the settled shares you own as of the record date set by the issuing company. If you currently have shares loaned out via stock lending, you will temporarily be giving up your voting rights. You give up your voting rights until they're returned back to you.
Frequently asked questions
When will I get my voting documents in the mail?
You should expect your proxy voting instructions approximately 3 weeks prior to a shareholder meeting.
Please note, that shareholder communications are by default turned off for all clients when you first open an account. To update your shareholder communication settings, please feel free to follow these instructions.
If you do not receive anything in the mail and the voting deadline is within 2 weeks or less, please feel free to contact our support team.
Am I a beneficial shareholder or a registered shareholder?
All Wealthsimple clients are beneficial shareholders because the shares they own are held in “street name”. This means that Wealthsimple Investments Inc. holds the shares for you.
Can I sign up for email communications instead?
If you have never enrolled for e-delivery before, you can use your control number as the enrollment number on www.investordelivery.com.
The enrollment is only for that specific account. If you have other accounts, they need to be enrolled separately. You'll receive materials electronically for all securities under the enrolled account as long as e-delivery is being offered by the issuer (the company you are invested in).
If you have previously enrolled in electronic delivery, you may reactivate your enrollment at any time, update the PIN or email address by:
- visiting www.investordelivery.com
- entering the Enrollment Number, and
- selecting the service you wish to receive.
You may also enroll directly through www.proxyvote.com using a current control number. Once online voting is complete and you have clicked on Final Submission, you're offered the choice of registering for electronic delivery or entering another control number to vote. Clicking on the Enroll in Electronic Delivery option will take you to the enrollment screen. The Enrollment Number is auto-generated, but you're required to create a 4-digit PIN (personal identification number), enter your e-mail address, verify, and then hit Submit.
Why am I getting shareholder material? I opted out of this feature.
Some shareholder materials that are deemed mandatory by the company will be sent out even if clients have opted out to not receive shareholder communications.
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