News Summary

Toronto-based Wealthsimple has introduced a new promotion offering the latest iPhone 17 to select customers who set up a direct deposit of at least $4,000 a month into a Wealthsimple account. This promotion requires a three-year commitment and is invitation-only, excluding Quebec residents. It applies to existing Wealthsimple chequing and investing customers in good standing. The phone is valued at $1,129 and comes unlocked, but Wealthsimple does not cover the monthly cellphone plan or any additional costs. This follows a similar promotion offered earlier for the iPhone 16.