Wealthsimple recently opened stock lending. I had never heard of it before, but it sounds interesting - you only have potential upside (with the only real downside being your money isn’t covered by CIPF if something goes wrong)
Wealthsimple recently opened stock lending. I had never heard of it before, but it sounds interesting - you only have potential upside (with the only real downside being your money isn’t covered by CIPF if something goes wrong)
While there is a cash collateral, there is still supposedly a risk if the borrower doesn’t return your stock. I’ve had it for a few years with interactive brokers, it doesn’t bring much money in, but that’s still a few more cents here and there.