Sparx Publishing Group Inc. (“Sparx”) and National Bank Direct
Brokerage (“NBDB”), a division of National Bank Financial Inc.
(“NBF”), have concluded an agreement to provide you with access to
services and/or products typically offered by an order-execution only
broker, including opening a self-directed brokerage account.
We wish to inform you that, pursuant to this agreement, NBDB pays
referral fees to Sparx which vary depending on the amount deposited in
the brokerage account and representing no more than $250 per referred client.
We also wish to reiterate that NBDB will share your contact
information (name, email address and phone number) with Sparx as well
as information on your admissibility status to take advantage of the
offer posted on Sparx’s website in connection with the payment of
Please note that the payment of referral fees by NBDB to Sparx gives
it incentive to refer you to NBDB.
Rest assured that payment of the referral fees will not result in
any increase in the fees payable by you to NBDB.
NBF is registered as an investment dealer in all the provinces of
Canada and is a member of the Investment Industry Regulatory
Organization of Canada (IIROC) and the Canadian Investor Protection
Fund (CIPF). As a division of NBF, NBDB is qualified to provide
order-execution only services to individuals, including offering an
extensive range of financial products and investment tools. NBDB is
not authorized to provide investment advice in respect of all types of securities.
Please note that it is illegal for Sparx to trade or give advice
with respect to securities if it is not duly licensed or registered
under applicable securities legislation to execute such trade or to
provide such advice.