IRIS

How to Purchase Shares of Approved Exempt Market Products†

†Please note that "Non-Marketable Securities" has been changed to "Exempt Market Products" on all CWT forms, applications and communication (where applicable) to be more consistent with current industry terminology.

To purchase shares of an exempt market product at Canadian Western Trust (CWT) you must:

  1. 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 Exempt Market Products are the only assets being held within the plan.



  2. Have sufficient funds in the account to cover the purchase amount and any applicable processing fees. If funds are not available, you may:

    • Transfer funds from an existing registered account or TFSA at another institution to the CWT account.
      Click here for a Transfer Authorization For Registered Investments (T2033).
      Click here for a sample guide on how to complete this form.
    • AND/OR
    • Make a new contribution into your CWT RRSP or TFSA by sending a cheque to our office (Please indicate "contribution" on the cheque).

    Please note: CWT provides the ability to contribute to CWT registered accounts, as well as pay CWT account fees, via online personal banking. Click here for details.

    3. Quick Reference - Transferring an Account to Canadian Western Trust

    All in Cash - all assets to be liquidated at the relinquishing institution and cash transferred to Canadian Western Trust.

    All as is (in Kind) - all assets being transferred as is, any remaining cash balance to be transferred in cash.

    All Assets, but mixed - specify which assets to come in cash and which ones to come as is in the area provided, or attach a separate list. ††

    Partial - list which assets are to be transferred to CWT in the area provided. Specify if the asset is to be transferred in cash or kind (as is). ††

    ††Include an asset listing or a recent statement for the account being transferred.

    Please note: CWT cannot liquidate investments to generate cash for purchase transaction. To expedite the process, please contact the relinquishing institution to arrange the sale of assets prior to transferring. Transfers can take up to 6 weeks depending on the relinquishing institution standards.

  3. Complete the Investment Instructions for Exempt Market Products 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.

    • Please complete the Addendum on page 4, now required for all account types.

  4. 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 Exempt Market Products
    • Please complete the Addendum on page 4, now required for all account types.
  • 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.