2024 Wealthsimple Cash Webinar Ski Lift Ticket Promotion (the “Promotion”)

This Promotion is sponsored by Wealthsimple Technologies Inc. (together with its affiliates  “Wealthsimple”).

Promotion Period. From December 11, 2024 at 12:01AM ET to March 3, 2025 at 11:59PM ET (the “Promotion Period”).

Eligibility. To be eligible for the Promotion, the person must:

• be a new or existing Wealthsimple Self-directed Investing, Managed Investing, Crypto, Save, or Cash account (each a “Wealthsimple Account”) account user, with all Wealthsimple accounts in good standing at the time of participation;
• be a legal resident of Canada at the time of participation and when the reward is issued;
• be the age of majority, or older, in their province/territory of residence at the time of participation; 
• be a registrant of the “Wealthsimple Cash: What’s New & What’s Next” webinar, as indicated in Wealthsimple’s record; 
• have never previously set up direct deposit with their Wealthsimple Cash (“Cash”) account; and
• meet the requirements set out below.

(the “Client”).

Qualifying Action for Ski Lift Ticket. To qualify for a Ski Lift Ticket (as defined below), eligible Clients must either set up their first direct deposit with their Cash account during the Promotion Period and have at least $2,000 deposited into their Cash Account (“Qualifying Deposit”) for a minimum of six (6) consecutive months via direct deposit (a “Qualifying Action”). Qualifying Deposit may consist of multiple direct deposits provided the total deposit amount meets the $2,000 per month minimum requirement. The first month’s Qualifying Deposit must settle in the Client’s Cash Account within the Promotion Period to be eligible for the Ski Lift Ticket. Wealthsimple reserves the right to determine whether the deposit(s) satisfy the criteria to be eligible.

If the Client’s Cash Account is a joint account (each a “Joint Account”) where there is a primary account holder (the individual who opened the Joint Account) and secondary account holder (the individual who received an invitation to join the Joint Account), any Qualifying Deposits to the Joint Account made by the primary or the secondary account holder will be treated as if they were contributed by the primary account holder. The Ski Lift Ticket would be redeemable by the primary account holder. For greater certainty, the secondary account holder will not be eligible for a Ski Lift Ticket on Qualifying Deposits made to the Joint Account. In the event the primary account holder is ineligible to participate in this part of the Promotion due to previous direct deposits, any direct deposits made to the Joint Account will not qualify as Qualifying Deposits. The ineligibility of a primary account holder of a Joint Account will not affect the secondary account holder’s ability to participate in this Promotion, as long as the Qualifying Deposits are not deposited into the Joint Account.

Ski Lift Ticket. Upon satisfying the conditions of a Qualifying Action, eligible Client will receive one (1) Canadian Lift Pass ticket (retail value CAD$155.96) to be used at eligible ski resorts in Canada (a “Ski Lift Ticket”). For all participating ski resorts and the terms related to the Ski Lift Ticket, please see https://canadianliftpass.ca/where-to-use-it/. Limit one (1) Ski Lift Ticket per Client. Ski Lift Ticket is subject to change. Wealthsimple reserves the right, for any reason and in its sole discretion, to substitute and/or modify the Ski Lift Ticket with another prize that is of equal or greater value.

Redemption of Ski Lift Ticket. On or after January 15, 2025, once the first Qualifying Deposit has been satisfied, a communication will be sent to the Client to claim the Ski Lift Ticket. The Ski Lift Ticket will be available for the Client to redeem in the Wealthsimple app within ninety (90) days of the Notification Date or until April 15, 2025, whichever is earlier. Follow the instructions in the app and Ski Lift Ticket provider’s website to redeem the Ski Lift Ticket. All Wealthsimple account(s) must be in good standing at the time the Ski Lift Ticket is awarded. Unclaimed Ski Lift Ticket, unresponsive communication, or Ski Lift Ticket forfeiture will not be rewarded and has no cash value. All terms and conditions associated with the Ski Lift Ticket apply. 

In the event it is deemed, at Wealthsimple’s sole discretion, the Client did not satisfy the requirements of a Qualifying Action after the Lift Ticket had been issued - the Client was unable to complete the Qualifying Deposit for the specified required timeframe, Wealthsimple may deduct the retail value of the Lift Ticket from their Cash Account or otherwise be recovered by Wealthsimple. 

Tax Implications. There are tax implications to bonuses of this nature in most instances. Please consult with an accountant or tax professional for additional guidance. Wealthsimple will not be issuing clients a tax slip to report Life Ticket issued. Clients are solely responsible for any required tax reporting.

Combinability. Unless specified in the terms of other promotions, this Promotion cannot be combined with other offers or promotion codes other than the Wealthsimple x Pine Mortgage Client Rebate Offer, Wealthsimple Discovery Promotion, Direct Deposit Incentive, and the Wealthsimple Referral Bonus Promotion.

If Client had previously registered for a non-combinable promotion and subsequently registers for this Promotion, all transfers or actions eligible for this Promotion will count towards this Promotion and not the previously registered non-combinable promotion(s).

If, after participating in this Promotion, the Client subsequently registers for another non-combinable promotion(s), please refer to the terms for those promotion(s) for details.

Release. By participating in the Promotion, Client assumes all risk of injury, illness, disease, death, or any other damage which may arise in connection with their participation in the Promotion. Without limiting the foregoing, client hereby: (a) forever releases and discharges 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 the Client may suffer as a result of, or in connection with the participation in the Promotion or any promotion-related activity, including the posting of the Match Bonus in their Wealthsimple account and subsequent use of the Match Bonus, or the enjoyment of the Reward; and (b) indemnifies, defends and holds 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 the Client’s own negligence or willful misconduct during or in connection with their participation in the Promotion.

General. Wealthsimple reserves the right to cancel, amend, withdraw or restrict the Promotion 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, gaming of the system, inappropriate, offensive or derogatory language or information or a violation of these terms, as determined in Wealthsimple’s sole and absolute discretion, Wealthsimple reserves the right to remove all promotions from the Wealthsimple account(s) and take any other action it deems appropriate including, but not limited to, removing the Match Bonus, the retail value of the Reward, or closing the Wealthsimple account(s). This Promotion cannot be used in conjunction with any other promotional offer, unless specified herein. An invitation to participate in this Promotion does not provide assurance that you will be accepted as a customer of Wealthsimple. This Promotion is only valid for individuals in the location cited above that otherwise meet our eligibility requirements. The standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to the use of Wealthsimple and any agreements that apply to the Wealthsimple account(s) each apply and are not affected in any way by this offer.

In the event of any discrepancy or inconsistency between the terms and conditions of the Promotion and disclosures or other statements contained in any related materials, including but not limited to the point of sale, print or online advertising, the terms and conditions of the Promotion shall prevail, govern and control.