Fees or charges (excluding interest or commissions charged) relating to services provided by Scotia iTRADE will not be imposed or changed without 60 days prior written notice.
Note: The above fees do not include applicable taxes. GST, HST and provincial taxes will be charged where applicable.
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Professional User may be one of the following: An employee of a member of any stock exchange or the Investment Industry Regulatory Organization of Canada (IIROC), or of any business registered under any securities law or regulation. An individual or entity trading in the account as a paid agent for a third party. An individual or entity whose account is in the name of a corporation, partnership or sole proprietorship.
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Delivering institutions may apply certain fees for wire requests. Please contact the institution directly to inquire about their wire fees.
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These non-arm’s length mortgage investment fees are applicable to the existing non-arm’s length mortgages and their renewals. No new non-arm’s length mortgages are available at Scotia iTRADE. If you transfer your assets in-kind to a Scotia iTRADE account from an account at another investment dealer, no non-arm’s length mortgages can be transferred into a Scotia iTRADE account.
1
Holding or processing of securities subject to legal restrictions on distribution and sale.
2
The Low Activity Account Administration Fee (“LAAA Fee”) is charged on a per account basis each calendar quarter. This fee will be assessed based on the client’s account balances, trading activity and age at the close of business on each of March 15, June 15, September 15 and December 15 of each year. The LAAA Fee will be waived; i) for new clients who have opened their first account at Scotia iTRADE within the 6 preceding months, ii) for client accounts where at least 1 commission-generating trade was executed in any one or more of client’s Scotia iTRADE accounts during the preceding 3 months, iii) for Registered Plan accounts (RRSP, RIF, LIRA, LIF, RESP, TFSA), iv) for Cash Optimizer Investment Accounts, v) for clients with total account equity at Scotia iTRADE greater than $10,000, vi) for accounts of clients who have achieved the age of majority but are under 26 years of age at any point during the year for which LAAA Fees are assessed and vii) for Unclaimed Accounts, provided that in each of (i), (ii), (iii), (iv), (v) and (vi), all accounts of the client are fully activated and the client has a valid and current mailing address on file with Scotia iTRADE.
With respect to (vi), if applicable, the LAAA Fees will be charged for the year subsequent to the year during which the client turns 26 years of age. Commission-generating trades are buys and sells of: Equities, Options, Mutual Funds subject to commissions, and Fixed Income instruments. Buys and Sells of GICs, ETFs which do not generate a commission, Canada Savings Bonds and Provincial Savings Bonds, are examples of trades that do not generate commissions.
3
The Unclaimed Account Fee is charged on a per account basis each calendar quarter for all accounts (i) that are not fully activated, or (ii) in respect of which Scotia iTRADE does not have a valid and current mailing address on file. This fee will be assessed at the close of business on each of March 15, June 15, September 15 and December 15 of each year.
4
A quarterly fee of $30 (plus applicable taxes) per calendar quarter per registered account will be applied for this account service. This fee will be charged at the beginning of each quarter to each registered account that was enrolled in this service at any time during the previous quarter.
5
The registered account fee plus applicable taxes is charged on a per account basis each calendar year. This fee will be assessed based on the client's account balances, trade activity and age at the close of business on September 15 of each year. The registered account fee will be waived for accounts of clients; i) who have executed at least 12 commission-generating trades in any one or more of their Scotia iTRADE accounts during the preceding 12 months; ii) with total account equity at Scotia iTRADE greater than $25,000, and iii) who have achieved the age of majority but are under 26 years of age at any point during the year for which the registered account fee is assessed, provided that in each of (i), (ii) and (iii), all accounts of the client are fully activated and the client has a valid and current mailing address on file with Scotia iTRADE. With respect to (iii), if applicable, the registered account fee will be charged for the year subsequent to the year during which the client turns 26 years of age.
6
Where permitted by government regulation.
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Subject to account minimums.
8
In some cases U.S. and Canadian Depositories may charge an additional fee in their native currency over and above our fee for Certificate withdrawals or DRS Statements in their native currency. The client will be charged any such fees for Certificate withdrawals or DRS Statements in addition to the fees charged by Scotia iTRADE for such services. Foreign exchange fees will be applied to the additional fee charged if they are denominated in a currency other than the currency of the account in which the security is held.
9
All physical security certificates including DRS statements.
