To purchase shares of a non-marketable security at Canadian Western Trust (CWT) you must:
- Have a registered account at CWT.
To open a RRSP/RRIF, please complete a CWT Self-Directed Registered Account Application Form.
Click here for a sample guide on how to complete this form.
To open a Tax Free Savings Account (TFSA), please complete a CWT Tax Free Savings Account Application Form.
Click here for a sample guide on how to complete this form.
- For TFSAs, please enclose a legible copy of a government issued photo ID (please see part 5 of the TFSA Application Form for more details).
*Please note: The Pre-Authorized Debit Agreement portion of the New Account Application or the TFSA Application form has to be completed prior to submission if there is no securities dealer appointed to the account, or if non-marketable securities are the only assets being held within the plan. - Have sufficient funds in the account to cover the purchase amount and any applicable processing fees. If funds are not available, you may:
- Make a new contribution into your CWT RRSP or TFSA by sending a cheque to our office (Please indicate "contribution" on the cheque),
- AND/OR
- Transfer funds from an existing registered account or TFSA at another institution to the CWT account.
Click here for a sample guide on how to complete this form. -
Complete the Investment Instructions for Non-Marketable Securities form.
Important - Please refer to this processing guide for details about holding these securities in a CWT account.
Click here for a sample guide on how to complete this form.
- For purchases in a TFSA, please also complete the Addendum on page 4 of the form.
- Enclose a cheque for $150 + applicable tax to cover the purchase fee for the security OR $50 + applicable tax for the Mortgage Investment Corporation (MIC). Please indicate on the cheque that it is for a "fee payment".
For a complete CWT fee schedule, click here.
All forms should be sent in one package to:
- Canadian Western Trust
- Suite 600 -750 Cambie Street
- Vancouver, BC
- V6B 0A2
Checklist of required items:
- New Account Application or TFSA Application
- For TFSAs, please enclose a legible copy of a government issued photo ID.
- Transfer Authorization Form (T2033) (if applicable)
- Cheque for Contribution (if applicable)
- Investment Instructions for Non-Marketable Securities
- For purchases in a TFSA, please also complete the Addendum on page 4 of the form.
- Pre-Authorized Debit and Void Cheque portion of the New Account Application or TFSA Application
- Cheque for $150 + applicable tax for securities OR $50 + applicable tax for MIC purchases
Please note: Purchase instructions will not be processed until an account has been opened and sufficient funds, including cash for all applicable fees, are in the account.
For further questions, please call our Client Service Team at 1-800-663-1124 or email informationservices@cwt.ca.