What is Wealthsimple Invest?

Wealthsimple Invest is an automated investing service. We manage your investments for you using a personalized portfolio of low-fee exchange-traded funds.

What’s the difference between Invest and Wealthsimple’s other products? 

  • Wealthsimple Cash is a peer-to-peer payment platform for instantly sending money to friends and family
  • Wealthsimple Crypto is a simple and secure way to buy and sell cryptocurrencies through a personal (non-registered) account
  • Wealthsimple Tax is an easy way to file your tax return online
  • Wealthsimple Trade is a self-directed investment platform. You can buy and sell thousands of stocks and exchange-traded funds (ETFs) on major Canadian and U.S. exchanges. There are no trading commissions and no account minimums.

Get started with Wealthsimple Invest

  1. Head to https://my.wealthsimple.com/app/public/signup and create an account
  2. Select Invest from the list of products
  3. Set up your Wealthsimple profile
  4. Choose a risk profile
  5. Choose an account to open
  6. Make a deposit
  1. Download the Wealthsimple Invest mobile app on the App Store or Google Play store
  2. Sign up with an email address and password
  3. Set up your profile
  4. Choose an account to open
  5. Make a deposit
Note: To open a Wealthsimple account, you’ll need to be a Canadian citizen, Canadian resident, or have a valid Canadian visa. You’ll also need to meet the minimum age requirement set by your province.

Wealthsimple's investment philosophy for our managed accounts

Wealthsimple's managed accounts are designed to help you achieve financial freedom by giving you easy, low-cost and transparent financial tools.

Every time you open a managed account, we’ll help you choose the right portfolio for your investment goals. In the background, we take care of the hard stuff like asset allocation, automatic rebalancing and tax management.

Our managed accounts work based on the following principles -

  1. Diversify your assets
  2. Tune out the noise
  3. Keep costs low

1. Diversify your assets

History shows that when you try to predict the future – by picking stocks, for example – rather than investing in a highly diversified way, you are more likely to underperform the market.

With our managed accounts, we don’t try to time or predict the market, but instead hold assets that will perform well at different times. This style of investing results in smoother, more attractive returns over time.

Wealthsimple’s portfolios are designed by an expert team of investors who make sure your portfolio will be resilient across market environments and cycles. We diversify our portfolios across asset classes and geography and have a bias towards higher quality, more resilient assets.

2. Tune out the noise

When you open a managed account, we’ll ask you about your investment experience, financial circumstances, what you're saving for, and when you need to access your funds.

This helps us customize your portfolio to your specific timeline and risk profile.

Our goal is to help you invest your funds in a way that maximizes your chances of making a positive return, while minimizing the chances that you’ll lose money by the time you need to access your funds.

This way, you can tune out the news headlines and weather any bad times knowing that you’ve taken on the right level of risk for your situation and have given yourself the right amount of time to bounce back from any losses.

Tip: You can learn more about this topic in our guide to understanding risk and investment timelines.

3. Keep costs low

While most mutual funds in Canada charge more than 2% a year, our managed accounts charge between 0.4% - 0.5%. Over the course of many years, these fees can make a huge difference to your returns.

Wealthsimple's managed accounts are cheaper than mutual funds because we frequently use ETFs to track entire genres of investments. Unlike mutual funds, we aren’t trying to guess individual winners in the stock or bond markets and so our portfolio managers don’t need to make large numbers of trades – and trading is what costs money.

We’ll always choose the right ETF for you given your tax situation, any embedded capital gains you may have, and your account type.

We aim to optimize for withholding taxes within a fund and provide you with the lowest total cost of ownership. For example, we use certain ETFs traded on US exchanges for RRSPs, but use Canadian-listed ETFs for TFSAs.

We also negotiate on your behalf with ETF providers to reduce your management expense ratio fees (MER).

Note: Wealthsimple is a discretionary manager. That means we can execute trades on your behalf without asking you to confirm each time. This allows us to optimize your portfolio on an ongoing basis – and allows us to get the best prices by moving quickly.

What is Wealthsimple Trade?

Wealthsimple Trade is a self-directed investment platform with two different kinds of accounts - Trade accounts and Crypto accounts.

  • Trade accounts allow you to use our self-directed investment platform. You can buy and sell thousands of stocks and exchange-traded funds (ETFs) on major Canadian and U.S. exchanges. There are no trading commissions and no account minimums.
  • Crypto accounts are a simple and secure way to buy and sell cryptocurrencies through a personal (non-registered) account

Get started with Wealthsimple Trade

  1. Download the Wealthsimple Trade mobile app on the App Store or Google Play store
  2. Set up your profile
  3. Open an account
  4. Make a deposit

Fees

The fee structure differs between standard Trade accounts and Crypto accounts. Click below to read more about fees for each account type —

What’s the difference between Wealthsimple Trade and other Wealthsimple products?

  • Wealthsimple Invest is an automated investing service that manages your investments for you using a personalized portfolio of low-fee exchange-traded funds
  • Wealthsimple Cash is a peer-to-peer payment platform for instantly sending money to friends and family
  • Wealthsimple Tax is an easy way to file your tax return online

Will Wealthsimple Trade offer me any advice on which assets to buy & sell?

Wealthsimple and Wealthsimple employees will not be able to offer Wealthsimple Trade clients any advice or recommendations around which assets to buy and sell (or the timing of when to buy or sell them). Wealthsimple Trade is an entirely self-directed platform, so clients are responsible for their investment activities.

If you're looking to learn more about the Trade platform or have some general questions, you can reach out to our support team for assistance. 

Tip: If you're looking for a platform that will set you up for long-term success using a passive investing strategy and diversified portfolios, Wealthsimple Invest may be for you.

How does Wealthsimple protect my account?

We use state-of-the-art data encryption and two-factor authentication (2FA) to keep your accounts safe and secure.

Wealthsimple Trade is offered by Wealthsimple Investments Inc. Wealthsimple Investments Inc. is a member of the Investment Industry Regulatory Organization of Canada. Customer accounts held at Wealthsimple are protected by CIPF in the event Wealthsimple becomes insolvent.

Set up a Wealthsimple profile

If this is your first time using Wealthsimple, you’ll need to set up your profile before you can open an account. We’ll ask you for some details so we can verify your identity and ensure your account is secure. You’ll only need to enter this information once — it will be used for all your Wealthsimple products.

Before you begin
To open an account with Wealthsimple, you must meet the following requirements:

  • Be a Canadian citizen, Canadian resident, or have a valid Canadian visa
  • Meet the minimum age requirement set by your province
  • Have a Social Insurance Number (SIN)
  • Have a Canadian residential address
  • Be able to satisfy identity verification requirements

Set up your profile

To create your profile, visit our sign up page.

  1. Choose an email address and password
  2. Select the product you’d like to start with
  3. Follow the prompts to fill out your personal information

Note: You’ll need a few key pieces of information on hand to fill out your profile:

  • Full Name
  • Email
  • Social Insurance Number (SIN)
  • Date of Birth
  • Address (and potentially a previous address)
  • Phone Number
  • Employment information

Once you’ve set up your profile, you can open your first Wealthsimple account. 🎉

Client Success: Average Wait Time

Wealthsimple is on a mission to provide the best service to our clients; we believe that you are important, and we want to make sure we are where you need us when you need to contact us.

Transparency is key to holding us accountable, so our Client Success team will be reporting our average wait time metrics monthly.

 

2022

Month

Phone

Chat

Web/E-Mail (Ticket)

October

18 sec

6 sec

14 hrs

September

18 sec

6 sec

19 hrs

August 

24 sec

6 sec

26 hrs

July

18 sec

6 sec

18 hrs

June

18 sec

12 sec

19 hrs

May

18 sec

12 sec

14 hrs

April

24 sec

18 sec

16 hrs

March

30 sec

36 sec

17 hrs

February

54 sec

54 sec

13 hrs

 

 

Choose an account to open

Wealthsimple offers a range of accounts to help you grow your wealth. If you’re not sure which account is right for you, consider reaching out to our team of fiduciary advisors for help

Account type

Registered or non-registered

Available as a managed account

Available as a self-directed account

Available as a savings account

Personal

Non-registered

Yes

Yes

No

TFSA

Registered

Yes

Yes

No

RRSP

Registered

Yes

Yes

No

Spousal RRSP

Registered

Yes

No

No

LIRA

Registered

Yes

No

No

Crypto

Non-registered

No

Yes

No

RESP

Registered

Yes

No

No

Save or Joint Save

Non-registered

Not applicable

Not applicable

Yes

Cash

Non-registered, standalone account

Not applicable

Not applicable

No, earns rewards instead

Business

Non-registered

Yes

Not applicable

Yes

Registered vs. non-registered accounts 

A registered account is an account that is registered with the Canada Revenue Agency (CRA) using your social insurance number (SIN). Registered accounts often have tax benefits, although they also come with certain restrictions, like contribution limits.

A non-registered account is an account that is not registered with the government. With non-registered accounts, there are no contribution limits, no penalties, and no limits to how many you can open. However, you are taxed on every dollar you earn, including capital gains, interest, and dividends.

Self-directed vs. managed accounts

Self-directed accounts are accounts for trading stocks and crypto. You can choose the assets you’d like to invest in.

Managed accounts use a pre-determined investing strategy. When you open a managed account, we ask you a series of questions to understand your timeframe and risk level. We’ll use this information to automatically invest your funds in a portfolio that matches your investment goals.

If you’re not sure whether managed investing or self-directed investing is right for you, check out our guide to choosing between managed or self-directed investing

Accounts offered by Wealthsimple

Personal

A non-registered personal account (or joint account) has no deposit limits or withdrawal restrictions. All the interest, dividends, and capital gains that you earn in a non-registered account will have an impact on your tax reporting.

People often use this type of account once they have hit their contribution limit in their RRSPs and or TFSAs.

When you open a non-registered account, we have to take a few extra steps to verify your identity as these accounts are not registered with the Canada Revenue Agency (CRA). We perform this extra step of verification to protect our clients' identities and for anti-money laundering (AML) purposes.

Learn more about opening a personal account.

Tax-Free Savings Account (TFSA)

The tax-free savings account (TFSA) is designed to help you save and invest money without paying tax on the gains.

Although it is called a ‘savings’ account, a better name for it would be a ‘investment’ account since you can invest money in all kinds of investment products from within a TFSA. 

There is a limited amount you’re allowed to contribute to a TFSA each year.

Learn more about opening a TFSA.

Registered Retirement Savings Plan (RRSP)

A registered retirement savings plan (RRSP) account is designed to help Canadians save for retirement.

The money you contribute to your RRSP is tax-deductible. This means you can subtract the amount you contribute from your income and pay less in income taxes.

Besides saving for retirement, you can also use funds from your RRSP to buy a home or even fund your education. When you open an RRSP in a managed account, we’ll automatically invest your funds for you based on your risk profile.

Learn more about opening a RRSP.

Spousal RRSP

A spousal registered retirement savings plan (Spousal RRSP) is an RRSP that can help lighten the tax load for couples with a big income disparity.

It helps you pool your retirement savings, so that the higher-income earner doesn’t have a large pile of retirement savings in their RRSP while the lower-income earner has a small pile.

Your individual contribution limit remains the same whether you have an RRSP, a Spousal RRSP, or both.

Learn more about opening a Spousal RRSP.

Locked-in Retirement Account (LIRA)

If you have a pension from a former employer but are not retired, you’ll need a LIRA (or an LRSP). You can't contribute to a LIRA, but you can take advantage of Wealthsimple's investment strategy for the funds in your account.

You must convert your LIRA to a Life Income Fund (LIF) by the time you turn 71.

Crypto

Crypto accounts are a simple and secure way to buy and sell cryptocurrencies through a personal (non-registered) account.

Learn more about opening a Crypto account. 

Registered Education Savings Plan (RESP)

A Registered Education Savings Plan lets you put money aside for a child's education. Contributing $2,500 per year will get you the full Canada Education Savings Grant (CESG). The CESG matches 20% of your contributions to an RESP up to a maximum of $500 per year. There are additional grants available for low to moderate income families and residents of certain provinces.

Learn more about opening a RESP.

Save or Joint Save

Wealthsimple Save is a savings account. It currently pays 1.5% interest. A Joint Save account is the same as a Save account, except that multiple people can contribute and withdraw from the account.

A Save account is a good choice when you need to access your funds quickly. People often use it to save for a near-term purchase, or to build an emergency fund. A Save account is a non-registered account, so you’ll need to report the interest you earn each year in your tax filing.

Learn more about opening a Save or Joint Save account.

Cash

You can pay for things using the Wealthsimple Cash card and send and receive money from friends in the Cash app. Some other features include -

Learn more about opening a Cash account.

Business

You can open a Save account or a non-registered investment account under your business’s name.

Learn more about opening a Business account.

Send and receive payments with Wealthsimple

With your Cash account, you can send and receive payments to others without paying any fees. 

Send money to your friends

When sending funds to your friends through Cash, you will be given the option to send from your bank or your wallet.

  • Bank: Funds are taken directly from your bank account. You can send up to $250 to friends through this method.
  • Wallet: Funds are taken from your available funds in your Cash account. The amount you send is limited to the balance available in your Cash account.
Tip: Bank is the default option, so make sure to toggle to Wallet if you wish to send funds from your Cash wallet instead.

To send money to friends, follow these steps —

  1. Log in to your Wealthsimple mobile app
  2. Tap the Cash tab at the bottom of your screen
  3. Select the chat bubble icon in the top right-hand corner
  4. Search (either by name, $ign, or phone number) and select a contact or enter a new contact's phone number
  5. Tap Send at the bottom of your screen
  6. Enter an amount that you wish to send and tap Continue
  7. Add an emoticon or write a message
  8. Swipe up to send to your contact
  1. Log in to your Cash mobile app
  2. Tap the $ button in the center of the screen
  3. Search (either by name, $ign, or phone number) and select a contact or Send to a new contact and search for your friend's email
  4. Select either Bank or Wallet from the top of the screen
  5. Fill out and confirm the amount you want to send
  6. Add an emoticon or write a message
  7. Swipe up to send to your contact

Any money you send will be auto-deposited into your receiver's Cash account. If your receiver does not have the Wealthsimple app, we'll prompt them to download it to claim their funds.

Tip: It's not possible to cancel or recall funds after you've sent them. We recommend double-checking the amount you're sending and who you're sending it to before confirming the transfer.

Sending limits

Your Cash account has daily, weekly, and monthly sending limits. We won't complete any transactions that go over your sending limit.

Timeframe Sending limit
Per day $1,000.00CAD
Per week $2,000.00CAD
Per month (30 days) $5,000.00CAD

Remove a contact after sending them funds

It is not possible to remove a specific contact from your Wealthsimple app home screen.

Note: You can revoke WS Cash's access to your contacts as a whole by navigating to the settings of your device. That being said, please keep in mind that this will remove all your contacts from the app. 

Frequently asked questions

Wealthsimple Cash is moving to the Wealthsimple app, this is what you need to know:

How do I sign up for the Wealthsimple app?
Download the Wealthsimple app, tap Cash then follow the instructions to get your very own no-fee card. This will unlock all the features of Wealthsimple Cash, in the Cash tab.

Can I still use the Wealthsimple Cash app?
Yep, until August 31, 2022, when we’ll be saying bye to the Wealthsimple Cash app for good. 

Why would I get the Wealthsimple Cash card?
You’ll get 1% back in cash, stock, or crypto on everyday purchases, plus there are no monthly fees or foreign exchange fees, and it won't impact your credit score.

 

Make a withdrawal from your account

You can withdraw funds from the available balance in your Wealthsimple account at any time.

Available balance
  • In stock trading accounts, your available balance includes unused cash from your deposits, dividends you've earned, plus any proceeds from stocks, ETFs or cryptocurrencies you've sold.
  • If Wealthsimple manages your account, your available balance includes all the funds in your account, minus any funds needed for upcoming fees.

Your available balance might be less than the total balance in your account if:

  • You made a recent deposit that has been in your account for less than 5 business days. As an internal risk control, new deposits take 5 business days to clear before they can be withdrawn.
  • You recently sold an asset in your account. Funds generated from selling assets must settle for 2 business days before they are added to your available balance. This is a requirement from the Canadian government and is a mandatory step for all financial institutions.
  • Some cash in your account is currently reserved for funds transfers or fees.

Before you begin

If you're looking to make a withdrawal from a TFSA, RESP or other retirement account, it's a good idea to check how your taxes or contribution room will be affected:

Make a withdrawal

  1. Log in to the Wealthsimple app on your mobile device
  2. Tap the Move tab at the bottom of the screen
  3. Select Withdraw
  4. Select the account to withdraw from
  5. Select a bank account
  6. Tap Continue
  7. Enter an amount to withdraw and tap Continue
  8. Review the details and tap Submit withdrawal
  1. Log in to your Invest mobile app
  2. Select the Move Funds tab at the bottom of the screen
  3. Choose Withdraw funds
  4. Select which account you wish to withdraw from
  5. Choose your reason for withdrawing
  6. Select the bank account that you wish to withdraw the funds to
  7. Enter an amount to withdraw
  8. Confirm the withdrawal
  1. Sign into the Cash app on your mobile device
  2. Select the wallet balance at the top of the screen
  3. Choose Withdraw
  4. Enter an amount to withdraw
  5. Choose which bank account will receive the funds
  6. Select Submit withdrawal
  1. Visit my.wealthsimple.com and sign in to your Managed Investment & Save account
  2. Select the Move Funds menu item
  3. Choose Withdraw funds
  4. Choose a From and To account
  5. Enter an amount to withdraw
  6. Confirm the withdrawal

The details

  • Cryptocurrency accounts have a $25,000 daily withdrawal limit. There are no other limits to the amount or frequency that you are able to withdraw once your funds have cleared the five business day settlement period. 
  • If you subscribe to Plus and want to withdraw funds from a USD account, you can convert your cash to CAD and withdraw it to your connected bank account. It’s currently not possible to withdraw USD to a USD bank account.
  • Making a withdrawal from a managed account is considered a taxable event, since we need to sell investments to generate a cash balance for the amount you'd like to withdraw.

How long does it take to make a withdrawal?

Account type Withdrawal timeline
Managed by Wealthsimple up to 7 business days
Stock trading 1—2 business days
Crypto trading 2—3 business days
Cash account 1—2 business days
Why does it take up to 7 business days to withdraw from a managed account?

When you withdraw from a managed investing account, we sell your investments to create a cash balance for the amount you'd like to withdraw. Withdrawing funds from a managed account can take up to 7 business days to complete. Below is a timeline of the withdrawal process:

Days 1–3
We sell investments in your account to generate cash for your withdrawal. During this time, the value of your account may change as the value of your investments could increase or decrease before they're sold.

Days 4–5
We hold your funds for a two-day settlement period after selling your investments. This is a requirement from the Canadian government and is a mandatory step for all financial institutions.

Days 6–7
We send the funds to your bank, and they deposit them into your bank account.

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Add or remove a bank account

Add a bank account

You’ll need to link a chequing or savings bank account before you can make a deposit into your account.

You have two options for linking a bank account to your Wealthsimple profile –

  1. Automatic linking. We'll use one of our trusted partners, Flinks or Plaid to securely request your online banking information.
  2. Manual linking. If automatic linking fails or is unavailable, we may ask you to manually enter your banking information and provide a specific supporting bank document based on the institution that you bank with.
Note: You cannot link the following bank accounts to your Wealthsimple profile:
  • US-dollar accounts 
  • Corporate or business accounts (unless it is being used to fund a managed corporate account)
  • Investment accounts (e.g. TFSAs, RRSPs)
  • Line of credit or credit card accounts
  • External crypto wallets (however you can deposit some coins or tokens from an external wallet)
  • Accounts you do not own (i.e. you cannot link a family member's bank account unless your name is also listed as an owner) 

Automatic linking

When linking your bank account automatically, we will ask you to sign in to your bank via one of our trusted partners, Flinks or Plaid. Flinks and Plaid are both secure services that verify your bank account information. Automatic linking is the quickest way to safely link your bank account to your profile.

  1. Sign into the Wealthsimple app on your mobile device
  2. Tap the Move tab at the bottom of the screen
  3. Choose Linked accounts
  4. Tap Add an account
  5. Choose Sign in to your bank
  6. Find your institution, and follow the prompts on-screen to finish linking the account
  1. Log in to your Invest mobile app
  2. Select Move Funds from the menu bar at the bottom of your screen
  3. Choose Add or move funds. You will be prompted to enter an amount that you wish to add from your new bank account, as well as which account you wish to deposit these funds into.
  4. Once you have selected your amount and destination, you will see the option to Add a bank account under the From this account section
  5. Find your institution, and follow the prompts on-screen to finish linking the account
  1. Log in to your Cash mobile app
  2. Select the Wallet balance icon in the top left-hand corner
  3. Choose the Gear at the top left-hand corner 
  4. Tap the Profile menu item
  5. Select Manage bank accounts and then Add a bank account
  6. Find your institution, and follow the prompts on-screen to finish linking the account

Stocks, ETFs & Crypto

  1. Head to my.wealthsimple.com and sign into your Stocks, ETFs & Crypto profile
  2. Select the Move funds tab
  3. Choose Add a bank account from the drop-down menu
  4. Find your institution, and follow the prompts on-screen to finish linking the account

Managed Investment & Save

  1. Head to my.wealthsimple.com and sign into your Managed Investment & Save profile
  2. Select your name in the top right-hand corner
  3. Choose Settings from the drop-down menu
  4. Navigate to the Banks & Apps tab
  5. Under Bank accounts, you will see the option to Add a bank account
  6. Find your institution, and follow the prompts on-screen to finish linking the account

Manual Linking

If you can’t find your institution, or if automatic linking is unsuccessful, we may ask you to link your bank account manually. You'll need the following information before you can manually link your account —

  • Institution Number (3 digits)
  • Transit Number (5 digits)
  • Account Number (7-11 digits)

You’ll also need to upload a specific digital bank document with your full name, full account number, and institution logo. We’ll ask you to upload a document based on your bank. We are unable to accept any other document than the one requested.   

  1. Sign into the Wealthsimple app on your mobile device
  2. Tap the Move tab at the bottom of the screen
  3. Choose Linked accounts
  4. Tap Add an account
  5. Choose Sign in to your bank
  6. Select your institution, and then click the X in the top right-hand corner of the popup
  7. You will now see the option to Connect bank manually
  8. Follow the on-screen prompts to complete this process
  1. Log in to your Invest mobile app
  2. Select Move Funds from the menu bar at the bottom of your screen
  3. Choose Add or move funds. You will be prompted to enter an amount that you wish to add from your new bank account, as well as which account you wish to deposit these funds into.
  4. Once you have selected your amount and destination, you will see the option to Add a bank account under the From this account section
  5. Select your institution, and then click the X in the top right-hand corner of the popup
  6. You will now see the option to Connect bank manually
  7. Follow the on-screen prompts to complete this process
  1. Log in to your Cash mobile app
  2. Select the Wallet balance icon in the top left-hand corner
  3. Choose the Gear at the top left-hand corner 
  4. Tap the Profile menu item
  5. Select Manage bank accounts and then Add a bank account
  6. Select your institution, and then click the X in the top right-hand corner of the popup
  7. You will now see the option to Connect bank manually
  8. Follow the on-screen prompts to complete this process

Stocks, ETFs & Crypto

  1. Head to my.wealthsimple.com and sign into your Stocks, ETFs & Crypto profile
  2. Select the Move funds tab
  3. Choose Add a bank account from the drop-down menu
  4. Click into your institution, and then click the X in the top right-hand corner of the popup
  5. You will now see the option to Add account manually
  6. Follow the on-screen prompts to complete this process

Managed Investment & Save

  1. Head to my.wealthsimple.com and sign into your Managed Investment & Save profile
  2. Select your name in the top right-hand corner
  3. Choose Settings from the drop-down menu
  4. Navigate to the Banks & Apps tab
  5. Choose Add a bank account
  6. Select your institution, and then click the X in the top right-hand corner of the popup
  7. You will now see the option to Add account manually
  8. Follow the on-screen prompts to complete this process
Note: With manual linking, our team manually reviews your banking details. For this reason, it can take a few business hours before your banking details are approved and we’re able to process pending deposits and withdrawals.

Manual linking for credit unions
If you are manually linking an account with a credit union, we may need additional documentation in order to verify your banking details. In this case, we will send you an email with next steps.

Remove a bank account

You can remove a bank account from your profile by following the steps below —

  1. Sign into the Wealthsimple app on your mobile device
  2. Tap the Move tab at the bottom of the screen
  3. Tap Linked accounts
  4. Select the bank account you wish to remove
  5. Tap Unlink
  1. Log in to your Cash mobile app
  2. Select the Wallet balance icon in the top left-hand corner
  3. Choose the Gear at the top left-hand corner 
  4. Tap the Profile menu item
  5. Select Manage bank accounts
  6. Select the bank account you wish to remove, and then choose Unlink this account
  1. Head to my.wealthsimple.com and sign into your Managed Investment & Save profile
  2. Select your name in the top right-hand corner
  3. Choose Settings from the drop-down menu
  4. Navigate to the Banks & Apps tab
  5. Here, you will see your linked bank accounts and the option to Remove account

Removing your bank account is not available in the Invest app, or on your Stocks, ETFs & Crypto web account.

Related articles

 

Make a deposit

Once you've linked your bank account, you can make a deposit in Canadian dollars from any chequing or savings account with a Canadian bank into Wealthsimple. 

Tip: You can also add funds to your Wealthsimple accounts using a wire transfer or by connecting your Visa or Mastercard debit card. If you wish to move an account from another institution, consider making an institutional transfer

How to make a deposit

To make a deposit, follow the steps below:

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the Move tab at the bottom of the screen
  3. Choose Add funds
  4. Tap Deposits 
  5. Choose an account to deposit to and tap Continue 
  6. Choose a linked bank account and tap Continue
  7. Enter an amount to deposit into your account and tap Continue
  8. Review the details and tap Submit deposit
  1. Sign in to the Invest mobile app
  2. Tap Move funds on the bottom right
  3. Select Add or move funds
  4. Choose a One-time or Automated deposit
  5. Enter the amount you'd like to deposit to your account
  6. Select the account you would to transfer funds To
  7. Select the account you would like to transfer funds From
  8. Review deposit and Submit
  1. Sign in to the Cash app on your mobile device
  2. Tap your Wallet balance in the left-hand corner of the screen
  3. Select Add
  4. Select the bank account that you wish to deposit funds from and tap Continue
  5. Choose an amount to deposit into your account and tap Continue
  6. Tap Confirm to submit the deposit

Stocks, ETFs & Crypto

  1. Log into my.wealthsimple.com and sign in to your Stocks, ETFs & Crypto profile
  2. Select Move funds from the top menu bar
  3. Click on Add funds
  4. In the From field, select the bank account from which you’d like to withdraw funds
  5. In the To field, select your desired account
  6. Choose an amount to deposit
  7. Hit Continue
  8. Review the deposit details and click Confirm to submit the deposit

Managed Investing & Save

  1. Log into my.wealthsimple.com and sign in to your Managed Investing & Save profile
  2. Click Move funds from the top menu bar
  3. Select the bank account you would like to transfer funds From
  4. Select the Wealthsimple account you would like to transfer funds To
  5. Enter the Amount you'd like to transfer
  6. Schedule the frequency of the deposit (if this is a one-time contribution select Just this once)
  7. Choose a Transfer date for the transaction
  8. Click Submit deposit
  9. Review and Confirm this deposit
Note: All deposits take five business days to clear. You won't be able to withdraw or internally transfer a recent deposit until the end of this clearing period.

Deposits into stock and crypto trading accounts

Deposit limits in trading accounts

Depending on how much you deposit into your stock or crypto trading account, some funds might be available instantly, while the rest might take between 3–5 business days before you can begin trading.

Instant deposits
Amounts deposited within your instant deposit limit are available for you to trade immediately. Your instant deposit limit resets once every 3 business days and you can deposit your entire limit all at once, or spread it out across multiple deposits. 

If you make a single deposit to a stock or crypto trading account that is greater than your instant deposit limit, the portion of your deposit that falls within your limit will be available to trade immediately. The remaining amount of your deposit will be available within 3-5 business days. This does not apply to deposits made on the web.

Find your unique instant deposit limit for your trading and crypto accounts
Your unique instant deposit limit will be visible to you in your Wealthsimple app. To find your instant deposit limit, follow these steps :

  1. Log in to your Wealthsimple mobile app
  2. Tap the Move tab at the bottom of your screen
  3. Select Deposit 
  4. Choose an account and tap Continue
  5. Under Choose a deposit method, you will see your linked bank account. Underneath this will be the amount that you are eligible to deposit instantly

Understand how your unique instant deposit limit is calculated
Your unique instant deposit limit depends on a number of factors, including the amount you hold in your Wealthsimple accounts, whether you are a Basic or Plus subscriber and your prior activity with Wealthsimple.

While each individual will have a different limit based on many factors, there are certain benchmarks that you can obtain based on the amount you hold in your accounts and your subscription status. You can find these benchmark instant deposit limits below:

Total amount held in your trade, crypto, and eligible managed accounts

Typical minimum instant deposit limit for Basic subscribers*

Typical minimum instant deposit limit for Plus subscribers

Less than $10,000

$1,500

$5,000

$10,000–$20,000 

$5,000

$5,000

$20,000–$30,000

$5,000

$10,000

$30,000–$40,000

$5,000

$15,000

$40,000–$50,000

$5,000

$20,000

$50,000 or more

$5,000

$25,000

*Basic subscribers will have a maximum instant deposit limit of $5,000, regardless of holdings.

Note: Funds held in Cash or Save accounts, and some registered accounts will not count towards increasing your instant deposit limit. Your limit may be temporarily lowered if you have pending transactions on your account.

Standard deposits
If you go over your instant deposit limit, any deposit you make will be a standard deposit until your instant deposit limit resets. Standard deposits follow the following timelines:

Deposit amount

Time before being available to trade

Under $50,000

3 business days

$50,000 or more

5 business days

Auto-deposits
Auto deposits always take 3-5 business days (from the auto-deposit date) before being available to trade. Auto-deposits will not be available instantly, and do not count towards your instant deposit limit. 

More information about deposits in trading accounts

You’ll know a deposit is complete when you see the funds added to your available to withdraw balance. In your bank account, you should see the funds deducted by WSII, which is Wealthsimple’s brokerage.

The following limits apply to deposits made to your self-directed stock trading accounts:

  • Limit per transaction: $250,000 CAD
  • Daily limit: $250,000 CAD

There are no deposit limits for your crypto trading account, however, there is an annual net purchase limit for certain coins and tokens.

More details

  • If there aren't enough funds in your bank account to cover your deposit, we may need to retract the funds you requested or sell some of your most recently purchased securities if you already invested the funds. This may result in a negative balance.
  • If any of your accounts have a negative balance, you won’t be able to use instant deposits until the balance is positive again.
  • Deposits to self-directed trading accounts do not count towards your Wealthsimple Black or Generation status.
Note: Deposits must settle for five business days before you can convert them into USD after subscribing to Plus. It’s currently not possible to deposit USD into your Wealthsimple account, although you can transfer USD from another institution or set up a wire transfer.

Deposits into managed accounts

When you deposit funds into a managed (Invest) account, your funds will automatically be invested for you within 3 business days.

You'll know a deposit is complete when you see your funds in your available to withdraw balance. In your bank account, you should see the funds deducted by WSII, which is Wealthsimple’s brokerage.

The following limits apply to deposits made to your managed (Invest) accounts:

  • Limit per transaction: $1 million CAD
  • Daily limit: $1.5 million CAD
When I make a deposit into a managed (Invest) account, a small part stays as cash. Why?

Within each of your accounts, we will keep between 0.3% and 0.5% of your account's value in cash. As soon as the cash balance surpasses this 0.5% weighting (whether it be through a new deposit, internal transfer, or dividend distributions) the majority of cash in your account will be invested, bringing the cash weighting to around 0.1–0.2%.

This small buffer is used for operational purposes to cover fees for up to 2 months and to avoid delinquencies. The decision to hold up to 0.5% in cash has a negligible effect on the portfolio, which is why virtually all institutions choose to leave a small buffer in cash.

Deposits into Cash accounts

Your first deposit into your Cash account will take 5 business days to settle. This means that the funds will not be available to send or spend within the first 5 business days. 

Note: Instead of making your first deposit from your bank account, you can add funds using a Visa or Mastercard debit card. By adding a debit card to your Wealthsimple account, you can deposit up to $1,000 instantly. 

After making your first successful deposit, you will gain an instant deposit limit. Refer to the table below to understand when you can use your funds for all future deposits:

Amount you are depositing Time before you can send or spend your funds
[For eligible users] If you deposit $250 or less Instantly. Note that the $250 instant deposit limit resets after three business days. You may choose to deposit $250 all at once, or deposit $100 on the first day and then $150 the next day

For all amounts or [for those eligible] if you go over your instant deposit limit 

Your funds will be available to send within 5 business days

You'll know a deposit has cleared when you see funds deducted by Wealthsimple Payments Inc. in your bank account.

The following limits apply to deposits made to your spending accounts:

  • Limit per transaction: $1 million CAD
  • Daily limit: $1.5 million CAD

Have feedback on this article? Let us know here!

Deposit cryptocurrency from an external wallet

Before you begin

There are some coins or tokens you can trade through Wealthsimple but not deposit. If you send a coin or token that is available for trading, but not available for deposits, we may not be able to recover your deposit.

If you tried to deposit a coin or token that is not supported, we'll automatically add the coin or token to your portfolio if the deposit functionality becomes available for that cryptocurrency. However, we can't guarantee whether specific coins or tokens will be available for wallet deposits in the future.

Wealthsimple is also only able to support deposits through certain networks. Currently, we only support wallet transfers for assets listed in the table below. Any funds sent using an incompatible network (i.e. any network not listed in the table, including the default network displayed when withdrawing from Binance, the Binance Smart Chain) are currently unretrievable. Please check whether you’re using the correct network for your deposit.

If you try to deposit coins or tokens that aren't supported by Wealthsimple, or if you try to deposit coins or tokens via an unsupported network, we're unable to assist you in retrieving these assets. Please make sure to read the instructions below before submitting your deposit to ensure you do not lose any assets. Wealthsimple is not legally obligated to recover improperly or mistakenly deposited assets.

Supported cryptocurrencies when making a deposit

You can deposit any of the following cryptocurrencies into your account from an external wallet:

Tip: Deposits are irreversible, so we recommend testing out a small amount first to ensure that it ends up at the right address.

How to deposit cryptocurrency into your Wealthsimple account

Depositing crypto into your Wealthsimple account means that you’ll be moving coins or tokens into your Wealthsimple account from a wallet outside of Wealthsimple. The majority of steps you'll take will happen in the wallet from which you’re withdrawing funds.

During the withdrawal process, you’ll be asked to enter a deposit address. A deposit address is a unique string of letters and numbers that is used to send coins from your wallet to your Wealthsimple account.

A screen from the Wealthsimple Trade app showing a QR code and a string of numbers and letters that represent a crypto deposit address

Each type of cryptocurrency in your account has its own deposit address. You'll need to make sure that you choose the address that matches the type of cryptocurrency you’re transferring (Bitcoin or Ethereum, for example).

Please use only the address provided in the Wealthsimple app. Addresses obtained through other sources (such as Etherscan) may not correspond to your own Wealthsimple deposit address and may result in lost crypto assets. Deposits sent to the wrong address are irreversible. 

Note: There is a minimum deposit of at least 0.000001 per token for it to show up in your Wealthsimple account.

Find your deposit address

Please note crypto deposits are currently only available using the Wealthsimple app.

  1. Sign into the Wealthsimple app on your mobile device

  2. Tap the Move tab at the bottom of the screen

  3. Select Receive crypto

  4. Choose the coin or token you'd like to transfer
  5. Copy or share the deposit information to add that coin or token from another source

If you don't see the Move tab at the bottom of your screen, follow these steps instead:

  1. Sign into the Wealthsimple app on your mobile device
  2. Tap the Dollar sign icon at the bottom of your screen
  3. Select Move
  4. Scroll down and select Recieve Crypto
  5. Choose the coin or token you'd like to transfer
  6. Copy or share the deposit information to add that coin or token from another source
Tip: Make sure that you are only sending your cryptocurrency via the coin's supported network. Each coin's supported network is listed in the chart at the bottom of this article.

Transfer fees

Cryptocurrency networks charge a fee to process transactions (also known as a gas or miner fee). This fee can vary by hour, by day, and by transfer amounts. The external wallet will let you know how much you need to pay to complete the transfer.

Wealthsimple has no control over these fees, so you’ll need to check the details of the transaction using a block explorer link (like an Etherscan link) provided by the external wallet.

How long does it take to make a deposit?

Your transfer will go through a series of confirmations in the network before it’s considered complete. In your activity details, we’ll provide you with a link to track the progress of your transfer in real-time. Unfortunately, we have no control over the speed at which transfers are processed, however, you can find general estimates below –

Cryptocurrency Number of confirmations Estimated time to complete Supported network
0x (ZRX) 20 ~5 mins Ethereum (ERC-20)
1inch (1INCH) 20 ~5 mins Ethereum (ERC-20)
Aave (AAVE) 20 ~5 mins Ethereum (ERC-20)
Ankr (ANKR) 20 ~5 mins Ethereum (ERC-20)
ApeCoin (APE) 20 ~5 mins Ethereum (ERC-20)
    Avalanche
20 ~5 mins Ethereum (ERC-20)
Balancer (BAL) 20 ~5 mins Ethereum (ERC-20)
Bancor (BNT) 20 ~5 mins Ethereum (ERC-20)
BandChain (BAND) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Bitcoin (BTC) 3 ~30 mins Bitcoin
12 ~2 hours Bitcoin Cash
Cartesi (CTSI) 20 ~5 mins Ethereum (ERC-20)
Celo (CELO)      
Chainlink (LINK) 20 ~5 mins Ethereum (ERC-20)
Chiliz (CHZ) 20 ~5 mins Ethereum (ERC-20)
Chromia (CHR) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Coti (COTI) 20 ~5 mins Ethereum (ERC-20)
Curve (CRV) 20 ~5 mins Ethereum (ERC-20)
Dai (DAI) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
60 ~1 hour Dogecoin
Dydx (DYDX) 20 ~5 mins Ethereum (ERC-20)
Enjin (ENJ) 20 ~5 mins Ethereum (ERC-20)
Ethereum (ETH) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Gala (GALA) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Litecoin (LTC) 12 ~30 mins Litecoin
Loopring (LRC) 20 ~5 mins Ethereum (ERC-20)
Maker (MKR) 20 ~5 mins Ethereum (ERC-20)
Pax Gold (PAXG) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Ren (REN) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Skale (SKL) 20 ~5 mins Ethereum (ERC-20)
Solana (SOL)     Solana
(Storj) STORJ 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
Uma (UMA) 20 ~5 mins Ethereum (ERC-20)
Uniswap (UNI) 20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)
20 ~5 mins Ethereum (ERC-20)

Available cryptocurrencies

You can currently buy or sell 56 different cryptocurrencies using Wealthsimple.

For more information about each token, including definitions, background, and risk statements, take a look at the links below.

Cryptocurrency Symbol Available to deposit Available to withdraw
0x ZRX Yes Yes
1inch 1INCH Yes Yes
Aave AAVE Yes Yes
Ankr ANKR Yes Yes
ApeCoin APE Yes Yes
Avalanche AVAX Yes Yes
Axie Infinity AXS Yes Yes
Balancer BAL Yes Yes
Bancor BNT Yes Yes
BandChain BAND Yes Yes
Basic Attention Token BAT Yes Yes
Bitcoin BTC Yes Yes
Bitcoin Cash BCH Yes Yes
Cardano ADA No No
Cartesi CTSI Yes Yes
Celo CELO Yes Yes
Chainlink LINK Yes Yes
Chiliz CHZ Yes Yes
Chromia CHR Yes Yes
Compound COMP Yes Yes
Coti COTI Yes Yes
Curve CRV Yes Yes
Cosmos ATOM No No
Dai DAI Yes Yes
Decentraland MANA Yes Yes
Dogecoin DOGE Yes Yes
dYdX DYDX Yes Yes
Enjin ENJ Yes Yes
Ethereum ETH Yes Yes
Fantom FTM Yes Yes
Filecoin FIL No No
Gala Games GALA Yes Yes
Hedera HBAR No No
Kyber Network KNC Yes Yes
Litecoin LTC Yes Yes
Loopring LRC Yes Yes
Maker MKR Yes Yes
NEAR NEAR No No
Pax Gold PAXG Yes Yes
Polkadot DOT No No
Polygon MATIC Yes Yes
Quant QNT Yes Yes
Ren REN Yes Yes
Shiba Inu SHIB Yes Yes
SKALE SKL Yes Yes
Solana SOL Yes Yes
Stellar XLM No No
Storj STORJ Yes Yes
SushiSwap SUSHI Yes Yes
Synthetix SNX Yes Yes
Tezos XTZ No No
The Graph GRT Yes Yes
The Sandbox SAND Yes Yes
Uma UMA Yes Yes
Uniswap UNI Yes Yes
USD Coin USDC Yes Yes
Yearn.finance YFI Yes Yes
Tip: If there are additional tokens you'd like to trade using Wealthsimple, let us know.

 

Last updated: Sept 8, 2022

Available stocks and ETFs

You can buy or sell stocks, ETFs and select cryptocurrencies in a self-directed trading account as long as they meet our eligibility criteria.

Search for a stock or ETF

To search for a specific stock or ETF, follow the instructions below:

  1. Log into my.wealthsimple.com and sign in to your Stocks, ETFs & Crypto profile
  2. Next to the magnifying glass icon at the top of the page, type in the name or the symbol of the security you'd like to search for
  1. Sign into the Wealthsimple app on your mobile device
  2. Tap the Discover tab (Search icon) at the bottom of the screen
  3. Type in the name or the symbol of the security you'd like to search for

Eligibility criteria

A stock or ETF must meet our eligibility criteria to become available for trading.

When you search for an asset that is unavailable to trade, you'll see a brief message explaining why. Some of the reasons are as follows –

The security type is not supported
We only support stocks and ETFs in self-directed trading accounts. We don't support any other assets in self-directed trading accounts, including:

  • Mutual Funds
  • Preferred Shares
  • Options
  • Securities that trade Over-the-counter (OTC)
  • Forwards & Futures
  • Rights and Warrants
  • Bonds
  • Investment Savings Accounts & Money Markets
  • Stocks & ETFs that trade on non-North American exchanges

This security isn’t listed on a supported exchange
You can trade stocks and ETFs on the following exchanges:

  • Toronto Stock Exchange (TSX)
  • TSX Venture Exchange (TSXV)
  • New York Stock Exchange (NYSE)
  • NASDAQ
  • NEO
  • Canadian Securities Exchange (CSE)
  • BATS Exchange

If the security you're looking for is listed on another exchange or is traded over-the-counter (OTC) you will not be able to purchase it. If the security is listed on both a US exchange and a Canadian exchange, we will only support the security listed on the Canadian exchange.

This security may not meet our settlement or average daily trading volume requirements
We only allow securities to be traded that settle with the Canadian Depository for Securities (CDS). We also impose minimum price and volume constraints for stocks traded on the platform.

The security is delisted, suspended, or halted
In most cases, orders can’t be submitted for securities that are delisted or suspended. Orders can be submitted for securities that are halted, however, they will not fill until trading resumes.

Note: If you own a stock or ETF within your self-directed trading account that is no longer supported, you’ll still be able to sell it as long as the stock has not been delisted and is still being traded. However, you will not be able to purchase additional shares.

Request a new stock or ETF

If you'd like to request a stock or ETF that's not currently available through Wealthsimple, you can add it to the feedback survey below. Please note that requesting a stock or ETF doesn't guarantee we'll be able to make it available to trade.

Stock and ETF Request Form

Recently added listings

Symbol Security Name Exchange Date Added
MBLY Mobileye Global Inc. NASDAQ 10/28/2022
PRME Prime Medicine, Inc. NASDAQ 10/25/2022
EMXC iShares MSCI Emerging Markets ex China ETF NASDAQ 10/25/2022
HBFE Harvest Brand Leaders Enhanced Income ETF (the “ETF”) TSE 10/25/2022
HHLE Harvest Healthcare Leaders Enhanced Income ETF (the “ETF”) TSE 10/25/2022
HLFE Harvest Canadian Equity Enhanced Income Leaders ETF (the “ETF”) TSE 10/25/2022
HTAE Harvest Tech Achievers Enhanced Income ETF (the “ETF”) TSE 10/25/2022
HUTE Harvest Equal Weight Global Utilities Enhanced Income ETF (the “ETF”) TSE 10/25/2022
TSL Graniteshares ETF Trust - 1.25X Long Tesla Daily ETF NASDAQ 10/24/2022
FNGR FingerMotion Inc NASDAQ 10/21/2022
KOLD Proshares Trust II - Ultrashort Bloomberg Natural Gasr/s NASDAQ 10/20/2022
RQQ RBC Target 2028 Corporate Bond Index ETF (“RBC ETF”) TSE 10/20/2022
RQR RBC Target 2029 Corporate Bond Index ETF (“RBC ETF”) TSE 10/20/2022
BMAX Brompton Enhanced Multi-Asset Income ETF (the “ETF”) TSE 10/20/2022
CTM Castellum Inc. NYSE 10/18/2022
TSLQ Investment Managers Series Trust II - Axs Tsla Bear Daily ETF NASDAQ 10/12/2022
HLNE Hamilton Lane Incorporated NASDAQ 10/12/2022
NERV Minerva Neurosciences Inc NASDAQ 9/27/2022

 

Activate your Wealthsimple Cash card

Before you can start spending with your physical Wealthsimple Cash card, you'll need to activate it and add funds to your account

If you don't have a physical Wealthsimple Cash card yet, you can request one using the Wealthsimple app.

Tip: Your digital card gets activated as soon as you open a Cash account. You can access your digital card in the Wealthsimple app, and add it to your phone's wallet.

Activate your physical Wealthsimple Cash card

To activate your Wealthsimple Cash card directly from your app, follow these steps:

  1. Log in to your Wealthsimple mobile app
  2. Tap the Cash tab (Card icon) at the bottom of your screen
  3. Select Activate your physical card and then Get started
  4. Enter in your card's Expiry date and CVV
  5. Create a 4-digit PIN, confirm your PIN and then tap Set up your PIN 
  6. Your physical Wealthsimple card will then be activated

To activate your Wealthsimple Cash card over the phone, follow these steps: 

  1. Call +1 877-868-0854 to activate your card and set your PIN
  2. Add funds to your account if you haven't already
  3. Sync your PIN by using your physical card in person
Note: You need to sync your PIN within 365 days of getting your card. The best way to do this is by going to an ATM and performing a transaction — such as a balance check or withdrawal.

Use your Wealthsimple Cash card

The Wealthsimple Cash card is a prepaid Mastercard that allows you to spend funds directly from your spending (Cash) account. The Wealthsimple Cash card uses the Mastercard payments system, so you can use your card anywhere that accepts Mastercard.

Note: You need to select credit when you insert your card at a terminal.

Fees for using the Wealthsimple Cash card

Wealthsimple does not charge any fees for using the Wealthsimple Cash card. However, the following fees will be charged by a third party if you take the corresponding action with your Wealthsimple Cash card:

  • Currency conversion fee: Mastercard will charge a currency conversion fee on purchases made in a currency other than CAD.
  • ATM withdrawal fee: You will see a standard ATM withdrawal fee (usually about $3.00) when you make a withdrawal at an ATM.

You can review your cardholder agreements on the Wealthsimple Cash app, by tapping onto the Profile icon at the top-left corner, then Settings, and press on Agreements.

Spending limits

In order to use your Wealthsimple Cash card, you must first fund your account. You will then have a spending balance that will be visible to you at the top center of your Wealthsimple Cash app home page screen.

Below, you can see the different limits associated with your Wealthsimple Cash card —

  Per Transaction Per day Per month
POS/Maximum Spending Limit

N/A

$5,000 CAD

N/A

ATM Withdrawals $500 CAD
$1,000 CAD
N/A

Tap limits are enforced by Mastercard and can change. Visit this page for up-to-date information on tap. 

Refunds

Refunds are processed by merchants (not by Wealthsimple). Once the merchant has confirmed they have issued a refund, it will usually appear in your spending (Cash) account within 5-7 business days.

As we are not able to see the refund status on our end, we are unable to provide an update on the status of a pending refund. However, as soon as we receive funds for a refund, they are immediately available in your account.

Have feedback on this article? Let us know here!

Earn rewards with your Wealthsimple Cash card

When you use your Wealthsimple Cash card, you will automatically receive 1% cash back on all eligible purchases.

You can also choose to earn stock or crypto back instead. With crypto back, you can opt to have cash back rewards auto-invested in the cryptocurrency of your choice. 

If you choose to auto-invest your rewards, you are instructing Wealthsimple Digital Assets Inc. (“WDA”) to automatically treat each earned reward as an order to buy the selected cryptocurrency at the market price, including Wealthsimple Crypto’s 1.5% fee, in the amount of the cash reward proceeds. 

Earn stock or crypto back

Instead of earning cash back to your Cash account, you can choose one of the following options:

  • Add the rewards to the cash balance of your stock trading account
  • Add the rewards to the cash balance of your crypto trading account
  • Auto-purchase the cryptocurrency of your choice in your crypto trading account
Tip: Choosing to move your cash back rewards to a TFSA or RRSP will count towards your contribution limit. Keep this in mind when selecting one of these accounts.

Choose your reward destination 

To make your rewards go to your stock trading account, follow these steps: 

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the Cash (Dollar sign icon) tab at the bottom of the screen
  3. Tap Manage rewards underneath the image of the Wealthsimple Cash card
  4. Select Stock rewards 
  5. Choose the account you wish your rewards to go to (if applicable)
  6. Your cash back will now be added to your Wealthsimple self-directed account
Note: If you don’t have a trading account already, the app will prompt you to open one after Step 3.

To make your rewards go to your crypto trading account, or to change the cryptocurrency that you wish to auto-purchase with your rewards, follow these steps:

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the Cash (Dollar sign icon) tab at the bottom of the screen
  3. Tap Manage rewards underneath the image of the Wealthsimple Cash card
  4. Select Crypto rewards
  5. Choose the cryptocurrency you would like to buy with cash back rewards
  6. Tap Start spending
Note: Crypto auto-buy must be set up through the Trade mobile app. If you don’t have a trading account already, the app will prompt you to open one after Step 3.

Some things to keep in mind

Cash back rewards can take up to 7 business days to settle in a crypto trading account, however they will normally appear after 1 business day. 

During this time, you’ll see the status as Pending within your transaction details. Once the funds have settled, the crypto order will begin to process. At this point, the status will show Settled. Once your rewards have settled, it will normally take 2 business days for your order to complete.

Your app will send a push notification once the buy has occurred, and the status of the transaction will update to say Complete.

Learn more about the Wealthsimple Cash card here

View your earned cash back

You can view your earned cash back directly from your mobile app.

  1. Log in to your Wealthsimple mobile app
  2. Tap the Cash (Dollar sign icon) tab at the bottom of the screen
  3. Scroll down to view your spending activity and rewards
  4. Under a transaction that earned cash back, you will see the note Cash back earned
  5. Tap on the transaction and you will see its details, including the amount you received in cash back

Terms and conditions

The Wealthsimple Cash 1% cash back promotional offer (the “Offer”) is valid for new and existing users of the Wealthsimple Cash Mastercard Prepaid Card (Cash card) (“Cash card”). The 1% earn rate, which may be subject to change, applies to all transactions, less refunds and excluding cash-like transactions, any applicable fees and adjustments (“Qualified Spend”).

Cash back credits are earned on net purchases only and pay out will occur within 7 business days after the Qualified Spend transaction.

You can also choose to earn stock and Crypto rewards back. 

Wealthsimple Crypto clients may be eligible to select auto-buy to manage their rewards. With auto-buy You are instructing Wealthsimple Digital Assets Inc. (“WDA”) to automatically treat each earned reward as an order to buy the selected cryptocurrency at the market price, including Wealthsimple Crypto’s 1.5% fee, in the amount of the cash reward proceeds.

Wealthsimple Payments Inc. (“Wealthsimple”) reserves the right to amend, withdraw or restrict the Offer at any time without notice. Wealthsimple is the sole arbiter of these rules, the calculation of Qualifying Spend, and any other issue arising in connection with the Offer. If Wealthsimple suspects fraudulent or abusive behaviour, gaming of the system or a violation of these terms, Wealthsimple reserves the right to remove all promotions from the applicable Wealthsimple Cash account and take any other action it deems appropriate including, but not limited to, closing the applicable Wealthsimple Cash account. An invitation to participate in this Offer does not provide assurance that the referred customer will be accepted as a customer of Wealthsimple. This offer is only valid for individuals in Canada that otherwise meet Wealthsimple’s eligibility requirements. Wealthsimple’s standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to your use of Wealthsimple and any agreements that apply to the Wealthsimple Cash account each apply and are not affected in any way by this Offer.

The Wealthsimple Mastercard Prepaid Card (Cash card) is issued by People's Trust Company pursuant to license by Mastercard Int. All terms applicable to the Cash card and all applicable fees and transaction limits with respect to the Cash card and the services may be found in the Wealthsimple Cash Mastercard® Prepaid Card Cardholder Agreement between you and Peoples Trust Company. All trademarks belong to their respective owners and do not necessarily denote a direct relationship or endorsement of this Offer or Wealthsimple.

Our Cash product is offered by Wealthsimple Payments Inc., a FINTRAC registered money services business. The funds you add to the Cash Account Funds are held securely in our omnibus custodial account with Canadian Western Trust Company, a federal trust company regulated by the Office of the Superintendent of Financial Institutions under the Trust and Loan Companies Act. All cash balances from your Wealthsimple Cash account are held in trust at a Canada Deposit Insurance Corporation (CDIC) (https://www.cdic.ca/about-us/) member institution. CDIC insures eligible cash balances payable in Canada up to $100,000 per client per member institution within each insured category. Protection eligibility is free and automatic with your Wealthsimple Cash account. Learn more (https://www.cdic.ca/your-coverage/how-deposit-insurance-works/deposits-held-in-trust/) about how CDIC protection works.

Wealthsimple Crypto, Stocks & ETFs 'Refer your friends' promotion

Note: 1 entry per Qualified Referral. Referee must be a new Wealthsimple Stocks & ETFs or Crypto client, being someone who has not opened a Stocks & ETFs or Crypto account with Wealthsimple in the past. Quebec Excluded (see below).

How do I Refer a Friend?

  1. Sign into the Wealthsimple app on your mobile device;
  2. Tap on the gift icon at the top right-hand side of the screen; and
  3. Select “Invite friends to win” and share your link — text it, share it on social or copy and paste the link!

Note: You cannot refer a friend directly through the desktop version of Wealthsimple.

How does the Bonus work?

The Bonus has a value of between CAD$5 and CAD$3,000 with an average of CAD$10 and ~99% of clients receiving less than CAD$50 at the time of selection. The Bonus is subject to change. 

Wealthsimple randomly selects the Bonus and because the Bonus is chosen randomly, you may not receive the same Bonus as others.

Who Can Enter?

Referee: Must be a new Wealthsimple Stocks & ETFs or Crypto client meaning they have not previously opened a Wealthsimple Stocks & ETFs or Crypto account. They must also be a resident of Canada (excluding Quebec - see below).

Referrer: Must be a Wealthsimple Stocks & ETFs or Crypto client with accounts in good standing and a resident of Canada (excluding Quebec - see below).

What If I am a Quebec Resident?

Due to regulatory restrictions, Quebec residents will not qualify to receive a randomized Bonus either as Referee or Referrer. Instead, Quebec residents shall receive a $10 Quebec Bonus. You must otherwise be eligible for the promotion. All applicable terms and conditions apply including the 1 entry per qualifying referral. There is no requirement that you purchase any security with the Quebec Bonus.

Wealthsimple will continue to monitor and calibrate the Quebec Bonus as market conditions change. Wealthsimple reserves the right to update the Quebec Bonus and will provide notice of that change here.

Do I have to buy stocks or crypto?  

Wealthsimple Stocks & ETFs and Crypto do not provide recommendations or investment advice. When you receive the Bonus, the cash will be deposited directly into your account and there is no requirement that you purchase any security with the cash. You alone will be responsible for your investment decisions and Wealthsimple will not consider your financial situation, investment knowledge, investment objectives, savings objectives and risk tolerance when accepting orders from you.

How do I claim my Bonus?

To get your Bonus, your friend will need to open and fund a Wealthsimple Stocks & ETFs or Crypto account by following your referral link (there's no minimum needed to fund an account).

Once the above steps are carried out, you'll both receive a Bonus within 24 hours which you must then claim in the app. All steps must be carried out during the Offer Period. After all steps have been completed, the Bonus will be applied within 7 days. You have 30 days after the Bonus is applied to claim it Bonus before it expires.

There may be tax implications to the Bonus. If you choose to deposit a Bonus into your RRSP or TFSA account it will be reported by Wealthsimple as a contribution to CRA. You are required to review your available contribution room prior to making a contribution to your registered account. Any excess contribution penalties that arise from a contribution are solely the responsibility of you, the client. If you require tax advice, please contact your personal tax advisor.

I was given a referral link by a friend but I forgot to use it when I signed up. Can I still get the referral Bonus?

If you signed up to Wealthsimple Stocks & ETFs or Crypto within the last 30 days, you can still use your friend's referral link.

  1. Sign into the Wealthsimple app on your mobile device
  2. Tap the gift icon at the top of the screen
  3. Select I was referred by someone near the bottom of the screen
  4. Enter the unique code from your referral link (the series of letters found at the end of the URL)

 

Do my rewards expire?

Yes. Once you’ve opened and funded a Stocks & ETFs or Crypto account, your Bonus will stay open for 30 days. The Bonus will expire after 30 days. 

Can this Promotion be combined with other sign up bonuses?

No, as a general rule, this promotion cannot be used in addition to any other bonus, including other promotional offers for signing up for Wealthsimple Stocks & ETFs or Crypto.

Referral Arrangement Disclosure

During the Refer your friends promotion, you are effectively entering into a referral arrangement with Wealthsimple, whereby Wealthsimple will deposit one (1) Bonus in your account (the Referrer) and one (1) Bonus to your friend’s account (the Referee), once the Referee opens and funds a Wealthsimple Stocks & ETFs or Crypto Account. The names of each party entering this agreement are disclosed on the application at the time of the referral. We have adopted policies and procedures to assist us to identify and control any conflict of interest that we may face. If a referral is made to a registrant, all activity requiring registration resulting from the referral arrangement will be provided.

Terms & Conditions

Wealthsimple Stocks & ETFs and Crypto: Rewards Referral Promotion

(the “Promotion”)

The Bonus and Odds. The Bonus is a cash value randomly selected for this Promotion. Because they are chosen randomly, you may not receive the same Bonus as others. The Bonus has a value of between CAD$5 and CAD$ 3,000 with an average of CAD$10 and ~99% of clients receiving less than CAD$50. The Bonus remains subject to change, at our sole discretion. The Bonus will be applied within 7 days after Promotion entry in accordance with these terms and conditions. The Bonus must be claimed within 30 days.

Eligibility. To enter and be eligible to win, you must:

  1. be a legal resident of Canada (excluding Quebec);
  2. be of the age of majority, or older, in the province/territory of residence at the time of entry; and
  3. meet the entry requirements outlined below.

Quebec Residents. Quebec residents do not qualify for the Bonus. Instead, Quebec residents that otherwise meet the eligibility criteria and entry requirements will receive a non-randomized reward of no less than $10 at the time of selection (the “Quebec Bonus”). The Quebec Bonus may be updated periodically to reflect changes in market conditions and promotion design. We strongly encourage you to refer to these terms and conditions for the latest details.

Entry Requirements

Qualifying Referral. To enter, a current Wealthsimple Stocks & ETFs or Crypto client with accounts in good standing (the “Referrer”) must provide their referral link to a new Wealthsimple Stocks & ETFs or Crypto client (the “Referee”), being an individual who has not previously registered for or created a Wealthsimple Stocks & ETFs or Crypto Account, that signs up for a Promotion Account after following that referral link containing the unique tracking code.

Limit 1 entry per Qualifying Referral.

Bonus. For each Qualifying Referral, the Referrer and Referee will each earn one (1) Bonus.

Promotion Account. In order to qualify and receive the Bonus, both the Referrer and the Referee must have or open a Wealthsimple Stocks & ETFs or Crypto account (a “Promotion Account”) by visiting https://www.wealthsimple.com/en-ca and following the instructions on how to create an account. There are no fees associated with the creation of a Promotion Account.

Funding Requirement. Once the Referee has opened a Promotion Account, they must fund the Promotion Account. The funding requirement must be met within 30 days of account opening and prior to the end of the Offer Period.

Hold Period. Customers who receive a Bonus must keep the Bonus in their Promotion Account (or another Wealthsimple account) for 90 days or the Bonus may be deducted from their final withdrawal amount or otherwise recovered by Wealthsimple.

No purchase necessary: To enter without meeting the funding requirement, the Referee must type out your name, address, city, province or territory, postal code, telephone number, and a unique and original 100-word or more essay on “My Investing Strategy”, and enter it in this form. Except for the funding requirement, you must otherwise qualify for the Promotion in accordance with these terms and conditions, including following the referral link and opening the Promotion Account. If the entry complies with the above requirements, it will result in one (1) entry. Incomplete entries will be void. No script, macro, robotic or other program-assisted, mechanically reproduced, bulk or mass entries are permitted. Limit 1 entry per Qualifying Referral still applies.

Offer Period. This Promotion begins on July 8, 2022 and is available for a limited time.

Release. You assume all risk of injury, illness, disease, death, or any other damage which may arise in connection with your participation in the the Promotion. Without limiting the foregoing, you hereby: (a) forever release and discharge Wealthsimple and its parent companies, subsidiaries, affiliates, related and associated entities and employees, directors, officers, suppliers, agents, sponsors and administrators of each (collectively, the “Releasees”), from and against any and all claims, actions, costs, liabilities, judgments, damages, obligations, losses, penalties, and expenses of any kind or nature whatsoever (including legal fees) (collectively, the “Claims”) in any way arising directly or indirectly out of any injury, loss, or damage that you may suffer as a result of, or in connection with your participation in the Promotion or any promotion-related activity, including the posting of the Bonus in your Promotion Account and subsequent use of the Bonus; and (b) indemnify, defend and hold harmless the Releasees from and against any and all damages, loss and expenses, including legal fees, which may be suffered directly or indirectly by reason of your own negligence or willful misconduct during or in connection with your participation in the Promotion;

No Recommendation. Neither the Bonus nor identification of a particular security in communications related to this program shall constitute a solicitation of the security or a recommendation to buy, sell or hold the security. Wealthsimple Stocks & ETFs and Crypto does not provide investment advice and do not hereby recommend any security, crypto or transaction. There is no requirement that you purchase any security or asset with the Bonus.

Publicity. By participating in the Promotion, you consent to the use of your name, social media handle(s), comments and image, for any publicity carried out by Wealthsimple  in relation to the Promotion, without further notice or compensation.

General. This promotion is sponsored by Wealthsimple Technologies Inc. (“Wealthsimple”). Wealthsimple reserves the right to amend, withdraw or restrict the Promotion and/or these terms and conditions at any time without notice. Wealthsimple is the sole arbiter of these rules and any other issue arising under the Promotion. If Wealthsimple suspects fraudulent or abusive behaviour, inappropriate, offensive or derogatory language, gaming of the system or a violation of these terms, Wealthsimple reserves the right to remove all promotions from the Promotion Account including the Bonus and take any other action it deems appropriate including, but not limited to, closing the Promotion Account. This offer cannot be used in conjunction with any other promotional offer. An invitation to participate in this offer does not provide assurance that you will be accepted as a customer of Wealthsimple. This offer is only valid for customers in Canada (excluding Quebec as outlined above) that otherwise meet our eligibility requirements. Our standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to your use of Wealthsimple and the investment management agreement that applies to the Promotion Account each apply and are not affected in any way by this offer.

Update your personal information and settings

Email, phone number, address, employment information

You can update your email, phone number, address, or employment information directly through your profile. To do so, follow the steps below:

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the Settings tab at the bottom of the screen
  3. Choose the Profile menu item
  4. Tap My personal info
  5. Under Contact , you will be able to update your email, phone number, address, or employment information

In order to update this information for your managed accounts, please do one of the following: 

  • Click on the Wealthsimple app tab and follow the instructions provided
  • Click on the Web tab and follow the instructions provided

 

In order to update this information for your managed investing profile, follow the steps below:

  1. Log in to my.wealthsimple.com and navigate to your Managed Investment & Save profile
  2. Select your Name in the top right-hand corner
  3. Tap Settings from the drop-down menu
  4. Under Profile, you will be able to edit your email, phone number, address, and employment information

In order to update this information on your trading profile, follow the steps below:

  1.  Log in to my.wealthsimple.com and navigate to your Stocks, ETFs & Crypto profile
  2. Select your Name in the top right-hand corner
  3. Tap Settings from the drop-down menu
  4. Under Personal information, you can edit your email address

Legal name, date of birth, Social Insurance Number (SIN)

To update your name, date of birth, or Social Insurance Number through your profile, follow the steps below:

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the Settings tab at the bottom of the screen
  3. Select Profile and then My personal info
  4. Tap Identity information
  5. Tap Edit at the bottom of the screen
  6. Edit all field(s) that need updating
  7. Follow the prompts to upload the necessary supporting documents.
  8. Our team will then begin reviewing the updates.

In order to update this information for your managed accounts, please do one of the following: 
  • Click on the Wealthsimple app tab and follow the instructions provided
  • If you don’t have the Wealthsimple app, you’ll need the help of our support team. Please reach out to us directly and we can take the next steps.

While we are reviewing updates, you will see a yellow banner on the Identity information page letting you know that the edits are currently under review.

Note: Once we've reviewed the update, we will notify you via email and push notification (if enabled). If we accept the update, you'll receive a prompt to sign your updated agreements to complete the change. This process can take up to 5 business days. We very much appreciate your patience.

If we reject the update for any reason, we’ll let you know why. At that point, you can follow the steps above to redo the process with the needed changes.

If you do not see the prompt, follow the steps below to sign your new agreements:

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the Settings tab at the bottom of the screen
  3. Select Profile
  4. Tap My personal info
  5. Select Identity information
  6. Select the yellow banner at the top of the screen that reads “We reviewed the changes you made on YYYY/MM/DD. To finish updating your profile, sign new agreements

Types of documentation required to make these updates:

  • To update your legal name, you’ll need to upload either a marriage/name change certificate or a valid piece of government ID (e.g. Drivers License, Passport, ID Card) with your updated name.
  • To update your date of birth, you’ll need to upload a valid piece of government ID (e.g. Drivers License, Passport, ID Card) that includes your date of birth.
  • To update your SIN, you’ll need to upload a digital copy of your SIN document. This could be a clear picture of your SIN card/SIN certification, an original PDF copy of your T4 or another tax document with SIN included. You can download this from your employer's portal or the CRA website.

You can read more about the required documentation here.

Note: Depending on the document types required, you may be able to use the same document to verify multiple pieces of information.

Citizenship and U.S. person status

In order to update your citizenship or U.S. person status, follow these instructions:

  1. Log in to your Wealthsimple mobile app
  2. Tap Settings at the bottom of your screen
  3. Select Profile
  4. Tap My personal info
  5. Select Identity information
  6. Tap Edit at the bottom of your screen
  7. Scroll down and you can update your information here

Preferred name

You can update your preferred name by following the steps below: 

  1. Log in to your Wealthsimple mobile app
  2. Tap Settings at the bottom of your screen
  3. Select Profile
  4. Tap My personal info
  5. Select Preferred name
  6. Input preferred name
  7. Tap Update to save your changes
  1. Log in to my.wealthsimple.com and navigate to your Managed Investment & Save profile
  2. Select your Name in the top right-hand corner
  3. Tap Settings from the drop-down menu
  4. Update your Preferred name
  5. Click Update to save your changes

Gender

To update your gender, follow the instructions below:

  1. Log in to your Wealthsimple mobile app
  2. Tap Settings at the bottom of your screen
  3. Select Profile
  4. Tap My personal info
  5. Select Gender
  6. Here, you can select the gender that best describes you
  7. Tap Update

Shareholder communication materials

By default, shareholder communication materials are turned off for all clients when you first open an account. You can opt-in to receive these communications, or update your preferences, by following the steps below. Please note updating your shareholder communication material preferences is currently only supported through the Trade mobile app.

  1. Sign in to the Wealthsimple app on your mobile device
  2. Tap the More/Settings tab at the bottom of the screen
  3. Choose the Profile menu item
  4. Select Shareholder materials under Preferences
  5. Here, you can accept or decline shareholder materials

Have feedback on this article? Let us know here!

Important dates and deadlines for tax season

In this article, you will find all deadlines for the 2021 tax season. You can also find out when to expect each tax document.

Important deadlines for the 2021 tax season

Date Time Account Description
Dec. 22, 2021 11:59 pm EST Managed TFSA Last day to make a withdrawal from your managed (Invest) TFSA and have it count as a withdrawal made in 2021.
Dec. 22, 2021 11:59 pm EST All managed accounts Last day to make an internal transfer from one managed (Invest) account to another to ensure that funds are moved before the end of 2021.
Dec. 26, 2021 11:59 pm EST Trading TFSA Last day to sell holdings in your trading TFSA and have them eligible to be withdrawn in time for the end of 2021.
Dec. 29, 2021 11:59 pm EST Trading TFSA Last day to initiate a withdrawal from your trading TFSA and have it count as a withdrawal made in 2021.
Dec. 29, 2021 11:59 pm EST RESP Last day to make a deposit to an RESP for the 2021 year and guarantee that it will count towards your 2021 grants.
Feb. 22, 2022 7:00 pm EST RRSP, Spousal RRSP Last day to move funds from a managed (Invest) account into your Wealthsimple RRSP and have it count for the 2021 tax season.
March 1, 2022 7:00 pm EST RRSP, Spousal RRSP Last day for RRSP contributions for the first 60 days of 2021 from one trading account to another (internal transfer request must be submitted by this time).
March 1, 2022 10:00 pm EST RRSP, Spousal RRSP Last day to make a deposit from a linked bank account into your RRSP and have it count for the 2021 tax season.
April 15, 2022 N/A All accounts Last day to request a tax slip correction with Wealthsimple.
May 2, 2022 N/A All accounts Last day to file income taxes (unless self-employed), and make payment for taxes owing.
June 15, 2022 N/A All accounts Last day to file income taxes if self-employed, or have a spouse or common-law partner who is self-employed.
Note: If you make a deposit or withdrawal after a deadline has passed, we can't guarantee the transaction will count towards your 2021 contributions. 

When to expect each tax slip for the 2021 tax season

Tax Slip Account Date General Information
RRSP Contribution
(March 2, 2021 - December 31, 2021)
RRSP, Spousal RRSP Jan. 26, 2022 Reports all contributions made to an RRSP/Spousal RRSP account between March 2, 2021, and December 31, 2021.
1099-DIV (U.S. persons only) Non-registered, TFSA Jan. 31, 2022 Reports all U.S. source income earned during the year by a U.S. person for non-registered and TFSA accounts.
T5
RL-3 (Quebec residents only)
Non-registered Feb. 28, 2022 Reports all T5 reportable income earned during the year by non-registered accounts. This typically includes interest on cash, eligible and ineligible dividends from corporations and amounts received related to split share investments.
T5008
T5008/RL-18 Combo (Quebec residents only)
Non-registered Feb. 28, 2022 Reports all dispositions made during the year in non-registered accounts. This includes the proceeds of disposition for each transaction as well as the associated book cost. These amounts allow you to calculate the capital gain/loss related to each disposition.
T4RSP
RL-2 (Quebec residents only)
RRSP, LIRA Feb. 28, 2022 Reports all taxable withdrawals made during the year from an RRSP/LIRA as well as any tax that was withheld.
T4RIF
RL-2 (Quebec residents only)
RRIF, LIF Feb. 28, 2022 Reports all taxable withdrawals made during the year from an RRIF/LIF. Also includes any tax that was withheld and an excess amount (if applicable).
T4A
RL-1 (Quebec residents only)
RESP Feb. 28, 2022 Reports all taxable (EAP & AIP) withdrawals made during the year from an RESP.
Realized Gain/Loss Report
*Note: This is not an official tax slip and is provided for informational purposes only
Crypto Feb. 28, 2022 Reports all dispositions made during the year in Crypto accounts. This includes the proceeds of disposition for each transaction as well as the associated book cost. These amounts allow you to calculate the capital gain/loss related to each disposition.
RRSP Contribution - First 60 days
(January 1, 2022 - March 1, 2022)
RRSP, Spousal RRSP March 15, 2022 Reports all contributions made to an RRSP/Spousal RRSP account between January 1, 2022, and March 1, 2022.
T3
RL-16 (Quebec residents only)
Non-registered March 31, 2022 Reports all T3 reportable distributions for the year received from ETFs held in non-registered accounts.
T5013
RL-15 (Quebec residents only)
Non-registered March 31, 2022 Reports all T5013 reportable distributions for the year received from partnerships held in non-registered accounts.