Wealthsimple $25 Managed Investing & Portfolio Promotion (the “Promotion”)

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

Promotion Period. From April 10, 2025 at 12:01AM ET to May 10, 2025 at 11:59PM ET (the “Promotion Period”).

Eligibility. To be eligible for the Promotion and to receive a Bonus/Reward, the person must:

• be a new or existing Wealthsimple clients, 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 bonus is issued;
• be the age of majority, or older, in their province/territory of residence at the time of participation; 
• be the original recipient of the Promotion invitation delivered via e-mail or marketing card within the Wealthsimple app; and
• meet the requirements set out below

(the “Client”).

Qualifying Action. To participate in the Promotion, eligible Client must click onto the Promotion marketing card located within the Wealthsimple app to register for the Promotion, then sign up and fund at least CAD$1 to a new or previously unfunded Wealthsimple Managed Investing or Wealthsimple Portfolio account (a “Promotion Account”) within 30 days of registering for the Promotion (“Qualifying Action”). Transfers between Client’s existing Wealthsimple account(s) do not qualify as funding for the purpose of this Promotion. Fund must be received within 30 days of registration to be considered a Qualifying Action.

There are no fees associated with the creation of a Wealthsimple Account. A Client can open a Wealthsimple Account by visiting https://www.wealthsimple.com/en-ca and following the instructions on how to create an account. Further details on transferring an account to Wealthsimple can be found at https://wsim.co/transfer-account. 

If the Client’s Wealthsimple Account is an RESP, a Spousal RRSP, or a joint account (each a “Multiple Holder Account”) where there is a primary and secondary account holder, the primary account holder must be the individual registered for the Promotion to be eligible for the Bonus (as defined below). Registrations by a secondary account holder in their capacity as a secondary account holder for a Multiple Holder Account are not considered valid registrations for the purpose of this Promotion. When the primary account holder is registered for the Promotion, any transfers or deposits to the Promotion Account made by the primary or the secondary account holder will count towards transfers or deposits for the primary account holder. Any Bonus applied per these terms and conditions would be towards the primary account holder. For greater certainty, the secondary account holder will not be eligible for a Bonus. 

Bonus. A cash bonus of CAD$25 (the “Bonus”) will be available to qualified Clients provided the Qualifying Action is satisfied. Limit one (1) Bonus per qualified Client.

Application of Bonus. Once the Qualifying Action is satisfied, the Bonus will be applied to the Client’s Promotion Account within ten (10) business days. This Bonus is non-transferrable and cannot be applied retroactively. The Bonus remains subject to change, at Wealthsimple’s sole discretion. 

The Bonus will be automatically invested in a Managed Investing portfolio within 3 business days in accordance with the Client’s assigned risk level. The risk level can be changed by the Client, and confirmed with an advisor as necessary, at any time.

Tax Implication. If the Bonus is deposited to a RRSP, FHSA 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.

Combinability. The Promotion may be used in conjunction with other promotions except the Wealthsimple Discovery Promotion. If the Client had previously registered for the Wealthsimple Discovery Promotion during the Promotion Period and subsequently registers for this Promotion, all Qualifying Action after the registration of this Promotion will count towards this Promotion and not the Wealthsimple Discovery Promotion.

Hold Period. Clients who receive a Bonus must keep the Bonus in their Promotion Account (or another Wealthsimple account) for 180 days from the day the Bonus is applied or the Bonus may be deducted from their final withdrawal amount or otherwise recovered by Wealthsimple.

Currency. All currency shown in these terms and conditions are in Canadian dollars.

No Recommendation. Wealthsimple Self-directed Investing does not provide investment advice and does not hereby recommend any security, crypto or transaction. There is no requirement that you purchase any security or asset with the Bonus.

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 Bonus in their Wealthsimple account and subsequent use of the Bonus; 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 Bonus 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.

Self-directed Investing is offered by Wealthsimple Investments Inc. (“WSII”). WSII is a member of the Canadian Investment Regulatory Organization (“CIRO”). Customer accounts held at WSII are protected by Canadian Investor Protection Fund (“CIPF”) within specified limits in the event WSII becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF. 

Managed accounts are offered by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada. Assets in your Invest account are held in an account with Wealthsimple’s affiliated custodial broker, Wealthsimple Investments Inc. (“WSII”). WSII is a member of CIRO. Customer accounts held at WSII are protected by CIPF within specified limits in the event WSII becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF. Wealthsimple Inc. is not a member of CIRO nor a member of CIPF.