An ideal way to manage small dips in your income
Use the account1 to save up to 100% of your Allowable Net Sales, up to $1 million dollars2
Get a matching government contribution3 on the first 1% of your deposit, up to $10,000
Earn a competitive interest on the total amount3
Withdraw funds at the branch anytime for any reason
Save with no maintenance fees
Pay no fees for account transactions or in-branch withdrawals
| Scenario 1 |
Scenario 2 |
Scenario 3 |
|
| Your deposit |
$2,000 |
$300,000 |
$500,000 |
| Scenario 1 |
Scenario 2 |
Scenario 3 |
|
| Your deposit |
$2,000 |
$300,000 |
$500,000 |
| The first 1% of your ANS |
$5,000 |
$5,000 |
$5,000 |
| Government contributes the smaller amount |
$2,000 |
$5,000 |
$5,000 |
Maximum and minimum deposits
The maximum Allowable Net Sales you can have in a year is $1 million. Based on this limit, the maximum matchable deposit you can make annually is $10,000.
The minimum Allowable Net Sales needed to qualify for the program is $25,000. The minimum deposit you can make that will be matched with government contributions is $250.
Client Relationship Manager, Agriculture
Area covered:
Calgary, Red Deer,Lethbridge, Nanton, Olds AB
225 – 6th Avenue SW, Suite 1700,
Calgary, Alberta
T2P 1N2
Email:
aaron.ens@scotiabank.com
Phone:
403-710-2959
Agriculture Specialist
Area covered:
Cambridge, Kitchener/Waterloo, Woodstock, London ON
Dundas Street South
Cambridge, Ontario
N1R 8A8
Email:
alana.cholewa@scotiabank.com
Phone:
519 492-0314
Agricultural Market Lead
Area covered:
Alberta
1700, 225 – 6 Avenue SW
Calgary, Alberta
T2P 1N2
Email:
alastair.patterson@scotiabank.com
Phone:
403-826-4220
