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New to ShareOwner
  1. About ShareOwner

    Canadian ShareOwner Investments Inc. ('ShareOwner') is a member of the Canadian Investor Protection Fund (CIPF) and a member of the Investment Industry Regulatory Organization of Canada (IIROC).

    ShareOwner provides self-reliant investors with a simple, flexible and affordable way to meet long-term investing goals. With ShareOwner, investors can choose securities from a diverse selection of of high quality stocks, income trusts and exchange-traded funds.

    It's easy to invest at ShareOwner because there is no inactivity fee, minimum balance requirement or minimum purchase.

  2. How do I open an account?

    Visit the Forms & Documents section to access all the available forms. Please feel free to contact a representative at 1-800-268-6881 (or 416-595-9600 in the Greater Toronto Area) or e-mail if you require any assistance.

    Please note:
    To open any account you must have reached the age of majority, reside in Canada and have a valid Social Insurance Number (SIN).

  3. What Type of Accounts does ShareOwner offer?

    Non-Registered Accounts (in Canadian or U.S. dollars)

    Individual Account - Non-Registered

    These accounts are opened with only one account owner.

    Joint Account - With Rights of Survivorship (Not Applicable to Quebec Residents)

    Joint accounts can be opened with two or more account owners. Each owner will have the authority to provide instructions for the Joint Account.

    In the event of the death of an owner, the entire beneficial interest in the Account shall be transferred to the surviving joint owner(s). Please review the Joint Account Agreement for the rights and obligations of the survivors.

    Joint Account - Tenants in Common (For Quebec Residents Only)

    Joint accounts can be opened with two or more account owners. Each owner will have the authority to provide instructions for the Joint Account.

    In the event of the death of an owner (tenant in common), the decedent’s beneficial interest in the account shall be transferred to their estate. Please review the Joint Account Agreement for the rights and obligations of the survivors.

    Informal Trust Account

    An individual account or a joint account may be designated an Informal Trust Account. Each account owner is considered the beneficial owner of the account and not as the trustee of the Informal Trust.

    Investment Club Account

    An Investment Club is a group of investors who pool their money to invest collectively. The following is required to establish an Investment Club Account:

    1. Complete an Investment Club New Account Application Form.

    2. Provide a signed Trading Authorization for Investment Clubs and Investment Club Account agreement, which designates the trading agent(s) for the Account and must be signed by each club member

    3. Provide an Investment Club Member Information Form for each member.

    You may also visit the Forms page to access all the available forms.

    Registered Accounts

    Individual Account - RSP

    This type of account allows assets to grow tax-deferred - you do not pay taxes on the earnings until you withdraw money from the account.

    Spousal Account - RSP

    A person may contribute all or part of his (or her) maximum annual contribution to a retirement account registered in the name of his (or her) spouse or common-law partner.

  4. How does Dividend Reinvestment at ShareOwner work?

    ShareOwner automatically reinvests all cash dividends and buys more shares – including fractional shares to 4 decimals at no additional fee. The dividend reinvestment will occur during the next scheduled Pooled Trade for that security.

  5. How Pooled Investing Works?

    Investors choose securities from ShareOwner's list of Canadian and U.S. growth stocks and Exchange-Traded Funds (ETFs) that represent stock market indexes from around the world.

    Pooled Trades

    ShareOwner combines all orders to buy or sell a security into one Pooled order that is executed on the security's principal stock exchange.

    Buyers pay – and sellers receive – the same average price paid or received for all shares included in the pooled order.

    For example, orders to buy or sell Home Depot shares are accumulated and combined into one weekly Pooled trade, which is executed every Thursday. Other companies, such as General Electric, may be traded less often such as once each month (in this case on the fourth Tuesday).

    Investors making a Pooled trade provide ShareOwner with online instructions:
        (1) to buy, with cash in their account or with an electronic-funds transfer from a bank;
        (2) to sell, and to deposit the proceeds into their account or to receive a cheque.

    'Dollar–based' Orders

    ShareOwner's Pooled Trading also enables an investor purchase a single security (or diversified portfolio) with convenient dollar amounts, such as $100 … $500 … $1,000, instead of often expensive board lots of 100 shares.

    Busy, self–reliant investors enjoy additional convenience by setting up automatic withdrawals from a chequing account every one, two or three months to buy a single security or diversified portfolio with an amount that fits their cash flow.

  6. How do I order a Portfolio Plan for my ShareOwner Account?

    ShareOwner account holders may, via online instructions, start a pre-authorized purchase plan.

    To set up your ShareOwner plan:

    1. Go to and log in.
    2. Select the Accounts tab and the account you wish to use for your Plan.
    3. Select the Trading tab.
    4. From the Co-Op Trade option, select the Create a New Order button.
    5. Select the securities you wish to purchase and click to Add them to your Securities Basket. You can search for securities by symbol, name or sector. To view the entire list of available securities, click the Find button for All Sectors.
    6. If you want to change your selected stocks in the security basket, just click the Remove button adjacent to the security you wish to remove.
    7. Once you have finished adding securities to the basket, click the Proceed button.
    8. Select your payment and purchase-frequency options.
    9. Indicate the amount you wish to purchase (including commissions) in the Security Basket section. (To remove securities from or add them to the current Securities Basket, click the Edit Basket button).
    10. Once you have entered the investment amounts click the Proceed button.
    11. Please confirm your instructions to setup the Pre-Authorized Buying Service. The amount of funds required will be highlighted as the withdrawal amount.
    12. Once you are satisfied with the order, confirm it by entering your trading password in the field provided and clicking Submit.
    13. You will receive a confirmation if it is submitted successfully. Please print this page or note the reference number for your records.
    14. Setup of your ShareOwner Plan must be completed by Saturday 11:59 p.m. Eastern Standard Time for the plan's withdrawal date to be on the following Monday. Your Co-Op trades will occur on the next available scheduled trade date based on your plan's withdrawal date.
  7. How often can I make automatic purchases using ShareOwner's Pooled Trades?

    You can make automatic purchases via Pooled Trades every one, two, three or four months. You can conveniently schedule your bank account withdrawals to make the automatic purchases.

  8. What is an ETF?

    ETFs are mutual funds that trade like stocks. As with any stock that trades on an exchange, buyers can purchase units at any time throughout the trading day via their brokers. This is different from a traditional mutual fund, in which units can usually only be bought or sold through the mutual fund sponsor, and only at the end of a trading day.

  9. How do Income Trusts Work?

    Investors buy units in a trust, which are like shares of a corporation that pays dividends. Unit-holders are entitled to be paid amounts that are indirectly based on the pre-tax profit of the underlying business. Unlike bonds, income trusts offer no assured return of either your original investment or of any monthly return on that investment.

    Income trusts, like equities, tend to offer more attractive yields than bonds but with more risk. The risks of investing in an income trust are similar to those involved in owning any equity investment in a business. Income trusts were designed for businesses with a stable, mature cash flow. Investors should read the income trust's prospectus, understand the underlying business and focus on the potential risks as well as the possible rewards.

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Canadian ShareOwner Investments Inc. is a wholly owned subsidiary of Wealthsimple Financial Corp. (Canada). ShareOwner ® is a Registered trade-mark of CSA Computing Inc. used under licence. All rights reserved.

Investing products and services are provided by Canadian ShareOwner Investments Inc. a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Canadian ShareOwner Investments provides Order-Execution Only Accounts and does not provide investment advice or recommendations and investors are responsible for their own investment decisions. By accessing this web site you agree to the Terms of Use in the Legal section

Canadian ShareOwner Investments Inc. is part of Wealthsimple Group: Wealthsimple Trade - free online stock trading provided by Canadian ShareOwner Investments Inc., Wealthsimple Inc - investing on autopilot and Wealthsimple Save - high interest savings account provided by Wealthsimple Inc.
Regulated by IIROC CIPF Member