Administrative Fees

Item Fee
Account Transfer-In FREE
Deposit-Bill Payment (CAD Only) FREE*
Deposit-Wire Transfer (CAD/USD) FREE*
Withdrawal-Electronic Fund Transfer (EFT) FREE*†† 
Partial Transfer out $50 per account
Account Transfer Out $150 per account
Withdrawal-Wire Transfer (CAD/USD)-Canada $50*†
Withdrawal-Wire Transfer (USD)-International $100*
DAP (C.O.D) Transfer In/Out $50 per name
Courier (Canada) $45
Courier (US) $75
Courier (International) $100
Registered Mail $20
US RRSP, US Spousal RRSP & US LIRA US $15 per quarter
UK QROPS US $150 per year
US TFSA US $15 per quarter
RESP $25 per year
US RESP US $15 per quarter
Account Administration Fee $24.95 per quarter†††
Partial Deregistration Fee $25††††  
Full Deregistration Fee $50††††
Lifelong learning plan (LLP)  $25
Home buyer’s plan (HBP) partial deregistration $25
Position Journal  $25*
DRS (Direct Registration System) $200 USD per name
Certificate Deposit/Withdrawal $200 per Certificate / Name
Certificate Deposit/Withdrawal Rush $450 per Certificate / Name
Safekeeping of Certificate $50 per certificate / Month
Research Request (Minimum 1 hour) $75 per hour
Electronic Trade Confirmation (e-Confirmation) Free
Cheque Cancellation Fee $50
Electronic Monthly Statement (e-Statement) Free
Paper Trade Confirmation $3
Paper Monthly Account Statement $5
Copy of Tax Statement $35 per account per year
Copy of Monthly Statement $20 per account per month
Option exercise/assignment $40
NSF Cheque/Returned Items $50
Stop Payment $25
Unclaimed property $29.95 per quarter
Estate transfer $250 per account
Legend Removal Rule 144/33 $300 per name
Settlement of non-DTC eligible securities $450

* For cash or position movement from/to Commission-Free Account, $25 will be charged in addition to Regular Fees.

All administrative fees are in the currency of the applicable account. † You may be charged by your financial institution for wiring out or receiving a wire.†† Up to $25,000 CDN/USD per day.††† $24.95 per quarter will be charged to each client's account if their combined total assets are lower than $5,000 or they do not complete at least one trade with a minimum commission of $1.99 per calendar quarter.  Clients will be exempt from the account administration fee if they are under 26 years old or if their account is either an RESP account or a registered charity. If, in the following quarter after incurring the account administration fee, a client trades at least one trade with a minimum commission $1.99, commissions will be reimbursed up to $24.95 provided that the account remains opened at the end of the following quarter. †††† Deregistration of TFSA withdrawals and RRIF minimum annual withdrawals are FREE.

Our office location is in the great and beautiful city of Toronto. We welcome anyone to drop by to discuss any inquiries regarding your accounts, bring us any paperwork, or to simply say “hi”.