Effective: December 22, 2026
ALL INVESTMENTS CARRY RISK. You could lose some or all of your invested capital. Past performance does not guarantee future results.
Investment values fluctuate due to market conditions, economic factors, and global events. Markets can decline significantly.
You may not be able to sell investments quickly or at desired prices, especially during market stress.
Investing heavily in single assets or sectors increases vulnerability to specific risks.
Returns may not keep pace with inflation, reducing purchasing power over time.
Fixed-income investments decline in value when interest rates rise.
Prices can change rapidly and unpredictably. Short-term volatility is normal.
Using borrowed money amplifies both gains and losses.
Changes in laws or regulations can affect investments.
Other parties may fail to fulfill obligations.
Understand your personal risk tolerance before investing. Consider:
Spreading investments across different assets can reduce, but not eliminate, risk.
Always consult with qualified financial advisors who understand your complete financial situation.
In Canada, investment dealers are regulated by provincial securities commissions and IIROC. Before investing:
Never invest money you cannot afford to lose. High returns typically involve high risks. Be skeptical of promises of guaranteed returns or minimal risk.
For more information about investment risks in Canada:
This risk disclosure is not exhaustive. All investments involve risk of loss.