*NEW CLIENT OFFER

Conditions apply. Offer valid for new Scotia iTRADE^® clients and applies to new accounts.

How to Qualify for rebate on commissions for eligible trades placed on Scotia iTRADE mobile app 

If you 

(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, an “Account”) by August 31, 2026 and fund the Account(s) by September 30, 2026 with at least the equivalent of CAD $2,500 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) (“Qualifying Amount”) from an account that is held outside of Scotia iTRADE and 

(ii) then maintain the Qualifying Amount in assets that you deposited in your Account(s) (subject to the Qualifying Amount calculation condition) during the period starting on June 1, 2026 and ending on  December 31, 2026, you will then receive a rebate for the commissions associated with all eligible trades placed through the Scotia iTRADE mobile app across all your Scotia iTRADE accounts during the period from the date of funding the Account(s) with the Qualifying Amount till December 31, 2026, up to a maximum of $9.99 per trade. The rebate relating to options will be applied to the base commissions only; contract commissions are excluded from this offer. The rebate will be applied to the account in which you have placed the trades, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) by January 29, 2027.

Eligible commissionable trades include stocks, ETFs and options placed across all client’s Scotia iTRADE accounts using the Scotia iTRADE mobile app. 

Trades placed on any of the other Scotia iTRADE platforms will not be eligible for the rebate and regular commissions will apply. Please refer to Scotia iTRADE Commission and Fees schedule for more information.

Qualifying Amount calculation condition for the rebate on trades commissions 

Qualification will be based on the combined net new assets in all eligible accounts held by a client that were transferred in from an account held outside of Scotia iTRADE between June 1, 2026 and September 30, 2026. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period starting on June 1, 2026 and ending on December 31, 2026 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the rebate.

Example 1:

Client transfers $2,000 into eligible account(s) on June 24, 2026, and transfers $500 more on June 30, 2026, and maintains the Qualifying Amount or more through December 31, 2026. In January 2027, the client will qualify to receive the commissions rebate for eligible trades placed between June 24 and December 31, 2026.

Example 2:

Client transfers $5,000 into eligible account(s) during the funding period June 1 to September 30, 2026, and then withdraws $4,000 on December 14, 2026. Since the client did not hold the Qualifying Amount ($2,500) until December 31, 2026, they will not be eligible to receive commissions rebate for eligible trades.

How to Qualify for the tiered cash offer of up to $3,000

If you

(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by August 31, 2026 and fund the New Account(s) by September 30, 2026 with at least the equivalent of CAD $2,500/$5,000/$25,000/$50,000/$250,000/$500,000/$1,000,000/$2,000,000 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) (“Qualifying Amount”) from an account that is held outside of Scotia iTRADE but within the Scotiabank Group of Companies, as defined below (the “Scotiabank Transfer-in”) and

(ii) then maintain the Qualifying Amount in assets that you deposited in your New Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between October 1, 2026 and July 30, 2027, then (a) CAD $25/$50/$125/$250/$450/$900/$1,800/$3,000 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account by August 31, 2027.

The cash reward will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.

“Scotiabank Group of Companies” means The Bank of Nova Scotia and all of its subsidiaries and affiliates (including, but not limited to, Scotiatrust^®, ScotiaMcLeod^®, Private Investment Counsel, 1832 Asset Management L.P., MD Financial Management, Jarislowsky, Fraser Limited and Tangerine).

Qualifying Amount calculation condition for this tiered cash offer (unless this offer is combined with the 1 percent cash offer, in which case the Combined Qualifying Amount calculation condition will apply, as described below): Qualification will be based on the combined net new assets in all eligible accounts held by a client that were transferred in Scotiabank Transfers-in. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between  June 1, 2026 and  July 30, 2027 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the specific tier of cash reward.

How to Qualify for the 1% cash offer

If you

(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by  August 31, 2026 and fund the New Account(s) by  September 30, 2026 with at least the equivalent of  CAD $2,500 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets)  (“Qualifying Amount”) from an account held at a financial institution outside of the Scotiabank Group of Companies, as defined above (“External Transfer-in”) and

(ii) then maintain the Qualifying Amount in assets that you deposited in your New Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between October 1, 2026  and July 30, 2027,  then an amount equal to 1% of the Qualifying Amount (subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account  by August 31, 2027 (up to a maximum of CAD $6,000)

The cash reward will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.

The combined cash incentive (tiered cash offer plus 1% cash offer) for any client cannot exceed $6,000 CAD.

Qualifying Amount calculation condition for this 1% cash back offer (unless this offer is combined with the tiered cash offer, in which case the Combined Qualifying Amount calculation condition will apply, as described below): Qualification will be based on the combined net new assets in all eligible accounts held by a client that were transferred in External Transfers-in. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between  June 1, 2026 and July 30, 2027(“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the specific amount of cash reward.

Example:

Client deposits $100,000 in External Transfers-in before September 30, 2026 and then withdraws $40,000 during the Qualifying Period from any Scotia iTRADE accounts during the period between October 1, 2026 and July 30, 2027

Combined Qualifying Amount calculation condition for combined tiered cash offer and 1% cash back offer: 

a. Qualification will be based on the combined net new assets in all eligible accounts held by a client transferred in from accounts held outside of Scotia iTRADE. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between June 1, 2026 and July 30, 2027 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the specific tier/amount of cash reward.

Example:

Client transfers in $50,000 in External Transfers-in, then transfers in $40,000 in Scotiabank Transfers-in 

b. The combined amounts transferred out during the Qualifying Period to any accounts held outside of Scotia iTRADE but within the Scotiabank Group of Companies ("Scotiabank Transfers-out") will be subtracted from the combined net new assets of Scotiabank Transfers-in for the purposes of calculating the Qualifying Amount.

Example:

Client transfers in $50,000 in External Transfers-in and $50,000 in Scotiabank Transfers-in and then transfers out $10,000 in Scotiabank Transfers-out during the Qualifying Period (June 1, 2026 – July 30, 2027). 

c. The combined amounts transferred out during the Qualifying Period to any accounts held with any financial institutions outside of the Scotiabank Group of Companies ("External Transfers-out”) will be subtracted from the combined net new assets of External Transfers-in for the purposes of calculating the Qualifying Amount.

Example:

Client transfers in $50,000 in External Transfers-in and $40,000 in Scotiabank Transfers-in and then transfers out $30,000 in Scotiabank Transfers-out and transfers out $20,000 in External Transfer-out during the Qualifying Period June 1, 2026 and July 30, 2027. 

d. If the combined amount of External Transfers-out is greater than the combined amount of External Transfers-in, then the difference will be subtracted from the combined amount of Scotiabank Transfers-in for the purposes of calculating the Qualifying Amount. 

e. If the combined amount of Scotiabank Transfers-out is greater than the combined amount of Scotiabank Transfers-in, then the difference will be subtracted from the combined amount of External Transfers-in for the purposes of calculating the Qualifying Amount. 

Example:

Client transfers in $100,000 in External Transfers-in and $40,000 in Scotiabank Transfers-in and then transfers out $50,000 in Scotiabank Transfers-out. 

f. If it is unclear whether the transfer out is a Scotiabank Transfer-out or an External Transfer-out (“Neutral Transfer-out"), the amount of such Neutral Transfer-out will first be subtracted from the amount of combined Scotiabank Transfers-in, and if the amount of such Neutral Transfer-out is greater than the amount of combined Scotiabank Transfers-in, the difference will be subtracted from the amount of combined External Transfers-in for the purposes of calculating the Qualifying Amount.

General Terms and Conditions

1.  New clients opening a new account must enter the promotional code “SUM26” for the cash and free trades when submitting the New Account application to enroll by August 31, 2026.

2.  Non-personal accounts have to be enrolled separately from personal accounts.  Once you enroll one or more new personal account(s) all your Scotia iTRADE personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition. Once you enroll one or more new non-personal account(s) all your Scotia iTRADE non-personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition.

3.  Any request to enroll received after August 31, 2026 will not qualify for this promotion. To qualify for this offer, you must maintain all of your accounts at Scotia iTRADE in good standing, not be in a disallowed debit position and not have any outstanding margin calls due. This offer has no cash redemption value. This offer cannot be transferred or combined with StartRight and Affinity offers.

4.  If you are enrolled in more than one overlapping Scotia iTRADE promotional offer (for example, Winter 2026, Spring 2026, and Summer 2026), any withdrawals or transfers‑out during an overlap period will be applied first to the most recent offer you enrolled in (such as Summer 2026). If withdrawals exceed the amount funded under that offer, the remaining amount will then be applied to earlier offers.

5.  Eligible commissionable trades include stocks, ETFs and options (base commission only) placed across all client’s Scotia iTRADE accounts using the Scotia iTRADE mobile app up to $9.99 per trade. 

6.  Trades placed on any of the other Scotia iTRADE platforms will not be eligible for the rebate and regular commissions will apply. Please refer to Scotia iTRADE Commission and Fees schedule for more information.

7.  A trade will qualify as a mobile trade only if the last modification of the trade before it’s filled or partially filled is made through the Scotia iTRADE mobile app. If a trade is placed on the app but is later modified on another platform (such as web or by phone) before it is filled, it will not be eligible for the free trade commission rebate.

8.  Note that trades placed with a Scotia iTRADE phone representative will be subject to an additional fee as disclosed on the Commissions & Fees Schedule.

9.  If a client qualifies for free trade commission rebate under multiple Scotia iTRADE offers, commission rebates from this offer will be fulfilled last.

10. For any transfer-in of US funds or US securities, the foreign exchange rate applicable on the date of such transfer-in will be used for calculating the funded amount in Canadian dollars.

11.  RESP grants, interest, dividends, standard market fluctuations, and account fees will be excluded from calculations used to qualify accounts.

12. Limited to one offer per client for all such client’s personal accounts and one offer per client for all such client’s non-personal accounts. In case of joint account(s) only the primary account holder will be entitled to receive cash back and the free trades (if applicable).

13. Any withdrawals from a RIF account during the Qualifying Period, including required minimum payments, will count as withdrawals and reduce your Qualifying Amount.

14. Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion.

15. The combined cash incentive (tiered cash offer plus 1% cash offer) for any client cannot exceed $6,000 CAD.

There may be tax implications associated with the payment of the cash reward into your Scotia iTRADE account(s). Scotia iTRADE will not be issuing clients a tax slip to report the cash reward paid. You will be solely responsible for any required tax reporting and any tax consequences associated with the offer. Please consult with your accountant or personal tax advisor for more information and additional guidance.

^†EXISTING SCOTIA ITRADE CLIENTS OFFER

Conditions apply. Offer valid for existing Scotia iTRADE^® clients and applies to new or existing accounts.

How to Qualify for the tiered cash offer of up to $3,000

If you

(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by August 31, 2026 and fund the New Account(s) by September 30, 2026 with at least the equivalent of CAD $2,500/$5,000/$25,000/$50,000/$250,000/$500,000/$1,000,000/$2,000,000 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets) (“Qualifying Amount”) from an account that is held outside of Scotia iTRADE but within the Scotiabank Group of Companies, as defined below (the “Scotiabank Transfer-in”) OR enroll  your existing account(s) in this offer by August 31, 2026 and transfer cash and/or assets with net new value in cash or/and assets equal to the Qualifying Amount into your existing Scotia iTRADE account(s) in a Scotiabank Transfer-in by September 30, 2026, and

(ii) then maintain the Qualifying Amount in assets that you deposited in your New or existing Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between October 1, 2026 and July 30, 2027, then (a) CAD $25/$50/$125/$250/$450/$900/$1,800/$3,000 (respectively, based on the Qualifying Amount funded, subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account by August 31, 2027.

The cash reward will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.

“Scotiabank Group of Companies” means The Bank of Nova Scotia and all of its subsidiaries and affiliates (including, but not limited to, Scotiatrust^®, ScotiaMcLeod^®, Private Investment Counsel, 1832 Asset Management L.P., MD Financial Management, Jarislowsky, Fraser Limited and Tangerine).

Qualifying Amount calculation condition for this tiered cash offer (unless this offer is combined with the 1 percent cash offer, in which case the Combined Qualifying Amount calculation condition will apply, as described below): Qualification will be based on the combined net new assets in all eligible accounts held by a client that were transferred in Scotiabank Transfers-in. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between  June 1, 2026 and  July 30, 2027 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the specific tier of cash reward.

How to Qualify for the 1% cash offer

If you

(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by  August 31, 2026 and fund the New Account(s) by  September 30, 2026 with at least the equivalent of  CAD $2,500 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets)  (“Qualifying Amount”) from an account held at a financial institution outside of the Scotiabank Group of Companies, as defined above (“External Transfer-in”) OR enroll  your existing account(s) in this offer by August 31, 2026 and transfer cash and/or assets with net new value in cash or/and assets equal to the Qualifying Amount into your existing Scotia iTRADE account(s) in an External Transfer-in by September 30, 2026, and

(ii) then maintain the Qualifying Amount in assets that you deposited in your New or existing Account(s) (subject to the Qualifying Amount calculation condition) during the entire period between October 1, 2026  and July 30, 2027,  then an amount equal to 1% of the Qualifying Amount (subject to the Qualifying Amount calculation condition) will be deposited directly into your applicable account  by August 31, 2027 (up to a maximum of CAD $6,000)

The cash reward will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.

The combined cash incentive (tiered cash offer plus 1% cash offer) for any client cannot exceed $6,000 CAD.

Qualifying Amount calculation condition for this 1% cash back offer (unless this offer is combined with the tiered cash offer, in which case the Combined Qualifying Amount calculation condition will apply, as described below): Qualification will be based on the combined net new assets in all eligible accounts held by a client that were transferred in External Transfers-in. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between  June 1, 2026 and July 30, 2027(“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the specific amount of cash reward.

Example:

Client deposits $100,000 in External Transfers-in before September 30, 2026 and then withdraws $40,000 during the Qualifying Period from any Scotia iTRADE accounts during the period between October 1, 2026 and July 30, 2027.

Combined Qualifying Amount calculation condition for combined tiered cash offer and 1% cash back offer: 

a. Qualification will be based on the combined net new assets in all eligible accounts held by a client transferred in from accounts held outside of Scotia iTRADE. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between June 1, 2026 and July 30, 2027 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Amount for the purposes of determining your entitlement for the specific tier/amount of cash reward.

Example:

Client transfers in $50,000 in External Transfers-in, then transfers in $40,000 in Scotiabank Transfers-in.

b. The combined amounts transferred out during the Qualifying Period to any accounts held outside of Scotia iTRADE but within the Scotiabank Group of Companies ("Scotiabank Transfers-out") will be subtracted from the combined net new assets of Scotiabank Transfers-in for the purposes of calculating the Qualifying Amount.

Example:

Client transfers in $50,000 in External Transfers-in and $50,000 in Scotiabank Transfers-in and then transfers out $10,000 in Scotiabank Transfers-out during the Qualifying Period (June 1, 2026 – July 30, 2027). 

c. The combined amounts transferred out during the Qualifying Period to any accounts held with any financial institutions outside of the Scotiabank Group of Companies ("External Transfers-out”) will be subtracted from the combined net new assets of External Transfers-in for the purposes of calculating the Qualifying Amount.

Example:

Client transfers in $50,000 in External Transfers-in and $40,000 in Scotiabank Transfers-in and then transfers out $30,000 in Scotiabank Transfers-out and transfers out $20,000 in External Transfer-out during the Qualifying Period June 1, 2026 and July 30, 2027. 

d. If the combined amount of External Transfers-out is greater than the combined amount of External Transfers-in, then the difference will be subtracted from the combined amount of Scotiabank Transfers-in for the purposes of calculating the Qualifying Amount. 

e. If the combined amount of Scotiabank Transfers-out is greater than the combined amount of Scotiabank Transfers-in, then the difference will be subtracted from the combined amount of External Transfers-in for the purposes of calculating the Qualifying Amount. 

Example:

Client transfers in $100,000 in External Transfers-in and $40,000 in Scotiabank Transfers-in and then transfers out $50,000 in Scotiabank Transfers-out. 

f. If it is unclear whether the transfer out is a Scotiabank Transfer-out or an External Transfer-out (“Neutral Transfer-out"), the amount of such Neutral Transfer-out will first be subtracted from the amount of combined Scotiabank Transfers-in, and if the amount of such Neutral Transfer-out is greater than the amount of combined Scotiabank Transfers-in, the difference will be subtracted from the amount of combined External Transfers-in for the purposes of calculating the Qualifying Amount.

General Terms and Conditions

1. Existing clients opening a new account must enter the promotional code “SUM26” for the cash offer when submitting the New Account application to enroll by August 31, 2026.

2. Existing clients who fund an existing account must complete the online form at www.scotiaitrade.com/summer-ec by August 31, 2026 to enrol and fund their account by September 30, 2026.

3. Non-personal accounts have to be enrolled separately from personal accounts.  Once you enroll one or more new or exiting personal account(s) all your Scotia iTRADE personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition. Once you enroll one or more new or existing non-personal account(s) all your Scotia iTRADE non-personal accounts will be considered to be enrolled for the purpose of the Qualifying Amount calculation condition.

4. Any request to enroll received after August 31, 2026 will not qualify for this promotion. To qualify for this offer, you must maintain all of your accounts at Scotia iTRADE in good standing, not be in a disallowed debit position and not have any outstanding margin calls due. This offer has no cash redemption value. This offer cannot be transferred or combined with StartRight and Affinity offers.

5. If you are enrolled in more than one overlapping Scotia iTRADE promotional offer (for example, Winter 2026, Spring 2026, and Summer 2026), any withdrawals or transfers‑out during an overlap period will be applied first to the most recent offer you enrolled in (such as Summer 2026). If withdrawals exceed the amount funded under that offer, the remaining amount will then be applied to earlier offers.

6. For any transfer-in of US funds or US securities, the foreign exchange rate applicable on the date of such transfer-in will be used for calculating the funded amount in Canadian dollars.

7. RESP grants, interest, dividends, standard market fluctuations, and account fees will be excluded from calculations used to qualify accounts.

8. Limited to one offer per client for all such client’s personal accounts and one offer per client for all such client’s non-personal accounts. In case of joint account(s) only the primary account holder will be entitled to receive the cash back.

9. Any withdrawals from a RIF account during the Qualifying Period, including required minimum payments, will count as withdrawals and reduce your Qualifying Amount.

10. Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion.

11. The combined cash incentive (tiered cash offer plus 1% cash offer) for any client cannot exceed $6,000 CAD.

There may be tax implications associated with the payment of the cash reward into your Scotia iTRADE account(s). Scotia iTRADE will not be issuing clients a tax slip to report the cash reward paid. You will be solely responsible for any required tax reporting and any tax consequences associated with the offer. Please consult with your accountant or personal tax advisor for more information and additional guidance.