What happens if a client fails to submit payment by the deadline?
If a payment is not received by the deadline, we will automatically redeem the fee amount from the client’s registered plan beginning with any available cash. If cash is not available, the order of redemptions will start with mutual funds, bonds, stocks, un-matured GIC’s, labour sponsored funds, or other cashable assets held in the client’s B2B Trust account.
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- What happens if a client fails to submit payment by the deadline?