Types of registered accounts
Defer tax payments, compound investments, earn tax-free income, and save for your child's post-secondary education.
First Home Savings Account (FHSA)
Save for your first home in a tax-free manner!
Tax-Free Savings Accounts1 (TFSA)
A flexible investment account that helps you earn tax-free income.
Registered Retirement Savings Accounts1 (RRSP)
A tax-efficient way to save for retirement.
Registered Retirement Income Accounts1 (RRIF)
Provides you with a set yearly income, once you turn 71
U.S. dollar registered accounts
Take advantage of investment opportunities in U.S. markets with Scotia iTRADE U.S. dollar registered accounts, which allow you to trade U.S. denominated securities and hold U.S. cash in the U.S. dollar side of your registered account without incurring currency conversion charges.2
Frequently asked questions
a) Any tax withholding or reporting under applicable tax legislation will be in Canadian dollars, at the applicable exchange rate. It is your responsibility to monitor any limits under applicable tax legislation when dealing in foreign denominated assets in a registered account;
b) We may sell or settle assets within a registered account between different currencies to administer the account, including payment of fees, or to prevent debit balances; and
c) We are not liable in respect of any fees or losses that may arise in connection with sales or conversions of foreign denominated registered assets; and
d) For contributions and withdrawals where a currency conversion occurs, the foreign currency component may include a retail "mark-up" or spread over and above the single, benchmark, mid-market rate used by Scotia Capital Inc.
Please ensure you have reviewed section 1.7 of the Scotia iTRADE® Relationship Disclosure Document and Terms and Conditions. In addition, you can get more details on foreign exchange transactions by logging onto Scotia OnLine, clicking ‘Help’, and searching for "Converting Funds Between Currencies through Scotia iTRADE" in the help section.