Currently, the North American investment industry supports a trade date plus two business days (T+2) transaction settlement period. However, the U.S. Securities and Exchange Commission (“SEC”) mandated the U.S. market participants to shorten this settlement cycle from T+2 to T+1, which has prompted the Canadian Capital Markets Association (CCMA) to announce to move in tandem with the U.S. market and support a T+1 settlement period standard in Canada.

We would like to inform you that changes have been made to the Client Fee FAQ to clarify the following:

In preparation for the collection of 2024 Client Fees on June 30, please be advised that the Client Fee Dashboard has been reactivated.

In preparation for the collection of 2024 Client Fees on June 30, please be advised that the Client Fee Dashboard has been reactivated.

Yesterday, May 1, 2024, CIRO issued a press release warning Canadian investors not to be fooled by fraudsters currently impersonating the regulatory organization to launch investment recovery scams.

We would like to thank everyone who attended our live webinar dedicated to our new and improved process for adding and cancelling banking information, which was held on Wednesday, April 24.

It’s finally here! As discussed in last week’s Water Cooler session and yesterday’s webinar, effective Monday, April 29, 2024, all client banking information addition or deactivation will have to be made via the Advisor Centre, as follows: 

• Log in to the Investia Advisor Centre;
• Search for the client in the window below;
• Use the new “Manage Banking Information icon”:

Following the April 18, 2024 communication, the Client Fee Dashboard on the Advisor Centre has been updated in preparation for the collection of 2024 Client Fees. The Client Fee Dashboard will be accessible to Representatives in the next couple of weeks, i.e., early May.

As part of our fee structure harmonization initiative, we are waiving the Client Fee for Representatives’ personal and corporate accounts, as well as for those of their spouses and assistants (Investia nominee accounts only). 

As mentioned in previous communications, the Client Fee Dashboard on the Advisor Centre has been updated in preparation for the collection of 2024 Client Fees. The Client Fee Dashboard will be accessible to Representatives early May.