What's new with Wealthsimple in April 2025

BETTER TOGETHER 🤝

Manage joint saving and spending with the highest-interest rate for a chequing account in Canada¹

Want even more togetherness? Why not open a joint account with $0 monthly fees to save for your next vacation? Or just one to manage your bills? You can add up to eight joint chequing accounts that all earn 1.75% (or more!) in interest.²

Working towards your goals solo? You can open multiple chequing accounts, too!

Invest together with joint self-directed accounts

With a joint self-directed account, you and your partner can team up to reach your financial goals faster—plus, enjoy perks like fractional shares and commission-free trading.* (Housework can wait.) Open a self-directed joint account.

Build your future with self-directed spousal RRSPs

Take control of your retirement and maximize tax savings together with a self-directed spousal RRSP. Open a self-directed spousal RRSP.

Team up to get Premium

Become a Premium or Generation client and get higher yields, on-demand advice, and personalized rewards at every milestone.³ And when you combine assets with someone in your household, you can reach milestones together and double those rewards. Learn more.

KEY TAX DATES 🗓️

Less than two weeks left to file!

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

But! If you have capital gains to include, there is a relief period for interest and penalties until June 2.

EVEN MORE TO LOVE 🫶

How to survive a bear market (without getting mauled)

The best way to get through sustained market drops is by being prepared well before they happen. But that’s not always how things work out. Read on.

EXCITING EXTRAS 🥳

Watch the Smartest Place to Trade livestream

If you missed the recent walkthrough of our trading platform, where we shared the newest features that top traders are using and gave an exclusive sneak peek of what’s coming next, we forgive you! Although if you want to make it up to us, you can watch it right here. Watch the stream.

Stuck with your taxes? Let us guide you

Want to know your tax rate? Looking for ways to pay less? Or just curious about the subtle differences in all those forms that start with “T”? Let this guide be your guide.

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

^{1 Data collected as of March 31, 2025. Average includes all posted-rates of chequing accounts from Canadian financial institutions as listed under Schedule I under the Bank Act. Excludes limited-time and promotional offers and products that do not offer cheques.}

^{2 1.75% interest rate is available to Wealthsimple Core clients; 2.25% interest rate is available to Wealthsimple Premium clients; and 2.75% interest rate is available to Wealthsimple Generation clients. Annualized rate, calculated daily, paid monthly. Subject to change. For more information see https://wsim.co/rates.}

^{* Wealthsimple may charge a foreign exchange fee for converting between CAD and USD. See wsim.co/fee-schedule for details.}

^{4 For information on risks and other considerations associated with trading during extended hours sessions, please refer to the https://wsim.co/extended-hours.}

^{Managed accounts are offered by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada.}

^{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.}

^{Our chequing product is offered by Wealthsimple Investments Inc. (“WSII”), a member of the Canadian Investment Regulatory Organization (“CIRO”), and Wealthsimple Payments Inc., a FINTRAC registered money services business. The funds added to chequing account(s) (the “Funds”) are ultimately held securely in trust in the name of the primary account holder with a single or multiple members of the Canada Deposit Insurance Corporation (“CDIC”). CDIC protects eligible deposits held at CDIC member institutions in case of a member institution’s failure. Wealthsimple Payments Inc. and WSII are not CDIC member institutions. Under the trust framework, CDIC insures eligible cash balances up to $100,000 per beneficiary, per member institution, provided certain disclosure rules are met. Coverage is free and automatic. Learn more about how CDIC protection works. Funds must be spread across at least 10 CDIC member institutions in order for up to $1,000,000 in deposits to benefit from applicable CDIC coverage. The advertised interest rate for the chequing acccount is derived from interest earned by Wealthsimple on the funds. The rates are annualized rates, calculated daily, and paid monthly. Subject to change. For more information see here. The Funds are settled with any CDIC member(s) one business day following the date that Funds are reflected in the Account.}

^{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.}