u/Big_B1989

Hi all,

I just began my SM journey today. Investing everything in XEQT using a Wealthsimple non-registered account.

My mortgage is with TD (Flexline). My question is, how do I transfer funds from HELOC -> sm account -> WS account without being charged a e-transfer fee. Is it even possible?

As of now, when I go to transfer the funds from SM account (TD Every day savings account) to WS account, I am charged a $1 transaction fee. How do I maintain deductibility? Is there a way to pull this off without paying a fee? Want to make sure CRA does not come asking questions come tax time.

Thanks!