Last updated January 23rd, 2026

 

Wealthsimple for Business - Q1 2026 Match Offer (the “Promotion”)

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

Promotion Period. From January 23, 2026 at 12:01AM ET to March 31, 2026 at 11:59PM ET (the “Promotion Period”).

Eligibility. To be eligible for the Promotion, the person must, at the time of participation, including when the Bonus is awarded:

• be a member of a qualifying Group Plan, which requires that:
  • the person be enrolled in an existing Group Plan with their employer prior to the start of the Promotional Period that includes at least fifty (50) employees in Canada and is provided by a provider other than Wealthsimple;
  • such employer signs a service agreement to transfer such Group Plan (which may include a Group RRSP, Group FHSA, Group TFSA, Group Non-Registered, or Deferred Profit Sharing Plan) to Wealthsimple (the “Wealthsimple Plan”) as the new service provider during the Promotional Period; 
• be a legal resident of Canada;
• be the age of majority, or older, in their province/territory of residence; and
• meet the requirements set out below.

(the “Client”).

Bonus. All eligible Clients will receive a cash bonus (the “Bonus”) calculated based on 1% of the market value of the cumulative amount transferred from their existing Group Plan to the Wealthsimple Plan, up to a maximum of $25,000,000 per cumulative Group transfer amount and $5,000,000 per Client. (“Qualifying Amount”). To qualify as the Qualifying Amount, the amount transferred must be initiated during the Eligible Period. The market value of the Qualifying Amount is calculated as of the date to which Wealthsimple receives the Qualifying Amount, net of any applicable fees, including but not limited to, transfer fees and foreign exchange fees. Where a Qualifying Amount is in US currency, the Bonus will be calculated based on the market value at the exchange rate as of the date to which Wealthsimple receives the Qualifying Amount. All Bonuses will be paid in Canadian currency.

This Bonus is non-transferrable, and cannot be applied retroactively. The Bonus remains subject to change, at Wealthsimple’s sole discretion. 

Hold Period. Unless specified herein, Clients who receive a Bonus may not spend or otherwise remove funds more than 20% of the cumulative Qualifying Amount from their Group Plan (“Withdrawal Limit”) for 365 days after the date they are enrolled in the Wealthsimple Plan. If a Client goes over the Withdrawal Limit, the Bonus may be deducted from the Wealthsimple account to which the Bonus was applied to, from their final withdrawal amount, or otherwise recovered by Wealthsimple. Any missed or ceased Bonus will be considered forfeited and will not be awarded. Negative fluctuations in the Qualifying Amount solely due to market conditions will not be counted towards the Withdrawal Limit. Transfers between the Client’s Plan to their own Wealthsimple account(s), withdrawals on any profits, dividends, interests or benefits otherwise derived from the Qualifying Amount will be counted towards the Withdrawal Limit.

Application of Bonus. In order to receive the Bonus, the Client must have a Wealthsimple Chequing (“Chequing”) account that is in good standing. Clients who do not have a Chequing account by the time a Bonus is issued will have ninety (90) days upon the first Chequing account opening requirement notification to open a Chequing account. Any Bonus not applied to a Chequing account will expire after ninety (90) days of issuance and any expired Bonus will be considered forfeited by the Client. Wealthsimple is not liable for any forfeited Bonus and any forfeiture will not be reissued.

 

The Bonus will be applied to the Client’s Chequing account(s) within sixty (60) days after the full Qualifying Amount has settled in the Client’s Wealthsimple account(s). All Wealthsimple account(s) must be in good standing at the time the Bonus is applied.  

 

Limit one (1) Bonus per Client. This Bonus is non-transferrable, and cannot be applied retroactively. The Bonus remains subject to change, at Wealthsimple’s sole discretion. 

Tax Implications. There are tax implications to bonuses and rewards 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 Bonuses paid to a non-registered account. 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 Referral Promotion, Wealthsimple x Pine Mortgage Cash Back Offer, Direct Deposit Incentive, Super Boost Referral Promotion, and the Wealthsimple Crypto Over-the-Counter (OTC) Desk Offer. For the avoidance of doubt, any Qualifying Amount transferred under this Promotion shall not be included in the Wealthsimple 2026 “(Un)real Deal” Home Giveaway.

 

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

 

If, after receiving a commitment letter pursuant to this Offer, the Client subsequently registers for another non-combinable promotion(s), please refer to the terms for those promotion(s) for details.

 

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

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) 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.

Our Wealthsimple for Business product is offered by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada. Assets in your Wealthsimple Work account are held in an account with Wealthsimple Inc.‘s affiliated custodial broker, 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. Wealthsimple Inc. is not a member of CIRO nor a member of 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 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. Wealthsimple Inc. is not a member of CIRO nor a member of CIPF.