What's new with Wealthsimple in March 2025

Everything you ever wanted to know about tax season but didn’t have nerdy enough friends to ask, plus some fun new Chequing features!


WHAT'S LAUNCHED LATELY ✨

Your taxes aren’t going to file themselves — but with Wealthsimple Tax it’ll feel like they did

Most tax slips are in and contribution deadlines have passed. For many people, all that’s left to do is your actual taxes. Why not put that behind you too with Wealthsimple Tax? It’s super easy and costs as little as $0.1 Who knows, you might even find it fun.

If you have capital gains to report, you’re now able to file. You also have a late filing grace period until June 2.

Start filing now. Not ready yet? Learn more about Wealthsimple Tax.


An easier way to pay the CRA…

Now, you can add the CRA as a payee on your Chequing account, so paying them will be (nearly) as painless as paying everyone else. Try it.

…And an easier way to understand your taxes

Need help calculating Federal and Provincial taxes? Looking for a way to pay less that won’t land you in jail? Or maybe you’ve avoided filing your whole life and this is the year to get on top of it. Wherever you are on your tax journey, our comprehensive guide is there for you. Read the guide.


KEY TAX DATES 🗓️

T5, T5008, T4RSP, T4RIF, T4A, and T4FHSA slips are available

No, they’re not Terminator reboots, they’re your tax slips! And they’re waiting for you in the “Documents” section in your Wealthsimple Tax account or in your CRA My Account.

Only a few weeks left to file!

April 30 is the last day to file and pay your taxes.

Crypto tax statements are available

Did you invest in crypto last year? There’s a statement for that, and we have it. Log onto Wealthsimple Tax or your CRA My Account.


OTHER IMPROVEMENTS 🔨

  • Guided tax-filing. It might not bring you coffee, but our new tax assistant can put together a template based on your needs to maximize your return.2 Login to try.
  • Tax video walkthroughs. Need help navigating your taxes? Our video guides will walk you through the most confusing neighbourhoods.
  • Add your bill payees effortlessly. Import your payees from wherever they are to your Cash account in a flash, and get everyone paid fast. Login to try it.
  • Import your bill pay contacts effortlessly, too. Import your existing INTERAC e-Transfer® contacts from elsewhere with just a few clicks after logging in.

EXCITING EXTRAS 🥳

Questions about taxes? We did an AMA!

If you missed our recent live tax AMA on Reddit, you can still browse the answers and learn more interesting tax facts than you ever knew existed. Read the forum.

 

 

 


Have questions? Visit our Help Centre or submit a request to our Client Support team.

1Filing fee ranges from $0-80 depending on number of filings and plan chosen. See wsim.co/tax for details.

2Tax Assistance Services are subject to availability and are only guaranteed if booked on or before April 1, 2025. For more information and services provided, visit wsim.co/tax-agreement.

Interac e-Transfer® is a registered trade-mark of Interac Corp. Used under license.

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.

Crypto is offered by Wealthsimple Investments Inc. (WSII), a member of the Canadian Investment Regulatory Organization (CIRO). Crypto assets purchased and held in an account with Wealthsimple Crypto are not protected by the Canadian Investor Protection Fund, the Canadian Deposit Insurance Corporation or any other investor protection insurance scheme. You can learn more about the risks of crypto assets in our Crypto Product Risk Disclosure. You can find more information about WSII in our Relationship Disclosure. Any coins showcased are for illustration purposes only and are not recommendations or investment advice.

A friendly reminder: Wealthsimple and the Canada Revenue Agency will never ask for personal or financial information via email, including your SIN, account password, or banking details.

Wealthsimple Tax is offered by SimpleTax Software Inc.

© 2025 Wealthsimple Technologies Inc.

Share

Latest News

Website preview
The chequing account that brings the branch to you | Wealthsimple Product News
Introducing our new and improved chequing account’s recently launched features
product-news.wealthsimple.com
Website preview
Wealthsimple launches 24/5 trading for U.S. stocks: the first in Canada | Wealthsimple Product News
Regular trading hours for the TSX, Nasdaq, and the NYSE run from 9:30 a.m. to 4:00 p.m. Eastern Time. But at Wealthsimple, we believe markets shouldn’t close before you’re done making moves.
product-news.wealthsimple.com
Website preview
What's new with Wealthsimple in May 2025 | Wealthsimple Product News
This month: home-buying help and kid-educating help, and more hours to trade!
product-news.wealthsimple.com

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About Wealthsimple Product News

Wealthsimple is one of Canada’s fastest growing and most trusted money management platforms. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves 3 million Canadians and holds over $30-billion assets. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada. To learn more, visit www.wealthsimple.com.

Contact

80 Spadina Ave, 4th Floor Toronto, Ontario M5V 2J4, CA

1-855-255-9038

www.wealthsimple.com