Ready to invest? Earn a 2% cash bonus

The Scotiabank Investment Transfer Offer (the “Offer”) is available between November 1, 2026 to March 1, 2027 (the “Offer Period”) to new and existing Scotiabank clients. Subject to the conditions below, clients are eligible for a 2.0% cash bonus of up to $4,000 (the “Cash Bonus”), when they transfer a Net Transfer-in Amount of $20,000 or more (either in cash or as an in-kind transfer of existing assets) to a new or existing Eligible Registered Account with either The Bank of Nova Scotia or Scotia Securities Inc. (together, “Scotiabank”), complete certain qualifying transactions, and meet all other Offer conditions set out below. In order to qualify for a Cash Bonus, a client cannot in the 24 months preceding the Offer Period have received a cash bonus from Scotiabank into the same Eligible Registered Account type with Scotiabank. Definitions: “Eligible Registered Accounts”: Scotia Registered Retirement Savings Plans (excluding Locked-in plans such as LIRAs and LRSPs) (each an “Eligible RRSP”), Tax-Free Savings Accounts (each an “Eligible TFSA”), First Home Savings Accounts (each an “Eligible FHSA”) and Registered Education Savings Plans (each an “Eligible RESP”). Scotia RRIFs, RDSPs, and non-registered Scotia Investment Accounts are not eligible for the Offer. “Enrollment Period”: Begins from the date the first transferred asset is successfully funded under step 1 below and lasts for 60 consecutive days. “Net Transfer-in Amount”: The combined sum of all transfers (either in cash or as an inkind transfer of existing assets) successfully funded in your Eligible Registered Account of the same registered account type (E.g., TFSA to Eligible TFSA, RRSP to Eligible RRSP, etc.) within the Enrollment Period minus any transfers out or withdrawals from the Eligible Registered Account within the Enrollment Period. For the purposes of calculating the Net Transfer-in Amount, the market value upon the receipt of transfer will be used to determine eligibility. For clients holding investments in non-Canadian dollar currencies, the Net Transfer-in Amount will be calculated in the Canadian dollar equivalent at the Scotiabank foreign currency exchange rate. “Total Investment Amount”: The total book value balance in the Eligible Registered Account at the end of the Enrollment Period, which includes the Net Transfer-in Amount plus any existing balances held in the Eligible Registered Account(s). For clients holding investments in non-Canadian dollar currencies, the Total Investment Amount will be calculated in the Canadian dollar equivalent at the Scotiabank foreign currency exchange rate. To qualify for a Cash Bonus: 1. During the Offer Period, receive at least one transfer (either in cash or as an in-kind transfer of existing assets) to your new or existing Eligible Registered Account(s). Please Note: Transfer times vary and generally take between 10-25 business days, but may take up to 6 weeks, depending on the relinquishing institution. Transfers received after the Offer Period, regardless of when they were initiated, are not eligible. You may incur fees charged by the relinquishing institution in connection with the transfer of assets. Scotiabank is not responsible for and will not reimburse such fees. 2. Within the Enrollment Period, successfully fund the remaining of the Net Transfer-in Amount of $20,000 or more to your new or existing Eligible Registered Account(s). 3. Maintain your Total Investment Amount for twelve (12) consecutive months after the Enrollment Period ends. For example, if a client successfully funded $25,000 into an Eligible TFSA and made a withdrawal of $5,000 before the end of the Enrollment Period, the client will be eligible for this Offer as long as the remaining of the Net Transfer-in Amount of $20,000, plus any existing balances at the end of the Enrollment Period, are maintained within the same Eligible TFSA for twelve (12) consecutive months after the Enrollment Period ends. 4. Within the Enrollment Period, set up and fund one recurring pre-authorized contribution (PAC) from any personal bank account with a minimum value of at least $100 monthly into your new Eligible Registered Account that will recur for a minimum total of twelve (12) consecutive months. Calculation of Cash Bonus: The Cash Bonus will be calculated as 2.0% of the Net Transfer-in Amount held in your Eligible Registered Account after the twelve (12) months maintenance period set out in Step 3 above ends, up to a maximum Cash Bonus of $4,000. Eligibility and Exclusions: For a transfer-in to be eligible, assets must be transferred from a registered account held at a Canadian financial institution other than The Bank of Nova Scotia or any of its subsidiaries or affiliates (including Scotia Securities Inc.) and must be transferred to the Eligible Registered Account from an account of the same registered account type (i.e., TFSA to Eligible TFSA, RRSP to Eligible RRSP, etc.). The assets that are transferred in from another Canadian financial institution must be processed through a transfer form and the transfer must be initiated and submitted by a Scotiabank Advisor or Scotia Financial Planner; clients who initiate and complete their own transfers will not be eligible. A client can complete multiple transfers to reach the minimum $20,000 Net Transfer-in Amount as long as the assets are transferred to the same registered account type. Transfers across multiple registered account types cannot be aggregated to reach the $20,000 minimum. General Terms: Provided all Offer conditions have been met, the Cash Bonus will be deposited to your Eligible Registered Account within approximately fourteen (14) months from the end of the Enrollment Period. For the Cash Bonus to be paid, the applicable Eligible Registered Account must be open and in good standing until the time of payout of the Cash Bonus. For purposes of this Offer, an Eligible Registered Account is not in 'good standing' if the account holder is in breach of the Eligible Registered Account’s client account agreement. If you qualify, you will receive only one (1) Cash Bonus per Registered Eligible Account type (e.g., an Eligible RRSP or an Eligible TFSA), regardless if there are multiple transfers to the same Eligible Registered Account and regardless of the number of Eligible Registered Account types qualified. If multiple Eligible Registered Accounts of the same registered account type meet the qualifying conditions (e.g., 2 Eligible RRSPs), the Cash Bonus will only be paid on the first Eligible Registered Account that has met the Offer conditions. Clients are responsible to confirm their contribution limits prior to making any contribution to their Eligible Registered Account(s). Scotiabank is not responsible for any contributions over a client's limit in connection with this Offer. Clients should consult with a tax advisor to discuss any tax implications in connection with this Offer and clients are responsible for any required tax reporting. This Offer is non-transferable, non-saleable, may not be exchanged for cash and may not be duplicated. Offer may be changed, cancelled, or extended at any time without prior notice.

The amount you withdraw can be put back into your TFSA starting the following year without impacting your contribution room. Specific product restrictions may also apply. Annual contribution limits: $5,000 for 2009-2012; $5,500 for 2013-2014; $10,000 for 2015; $5,500 for 2016-2018; $6,000 for 2019 – 2022, $6,500 for 2023 and $7,000 for 2024-2025. For complete information on your contribution room, please visit the Canada Revenue Agency website.