You can transfer and invest into any of the same following HIFC accounts that invest only in WSP or WSDF to participate in this bonus offer:
- RRSP account (including spousal RRSP)†
- RRIF account†
- TFSA account †
- Non-registered Accounts (sole or joint)
- Non-personal Accounts (business, partnership or trust)
(RESP and locked-in registered accounts do not qualify for this bonus offer.)
† You are solely responsible for knowing your contribution limits for your TFSA, RRSP or other Registered Plan account(s).
What is the eligible amount of the regular contribution under the PAC Plan?
- For investments in WSDF, a total regular monthly contribution amount of at least $150. This can be a lump sum or smaller payments throughout the month.
- For investments in WSP, a monthly lump sum contribution of at least $250.
What’s the time frame for investing?
- Complete your first PAC by August 14, 2021 and continue the monthly contributions until August 13, 2022 or later.
- If you cancel a PAC Plan for your HIFC account between April 9, 2021 and August 13, 2022 (inclusive), you do not qualify for the Ongoing Investment Bonus.