How to Start Investing in Canada with Just $100

The biggest myth in investing is that you need a lot of money to start. You don't. In Canada in 2026, you can start investing with as little as $1. Here's exactly how to go from zero to investor in under 30 minutes.

Step 1: Open a TFSA (5 minutes)

Download the Wealthsimple app or go to their website. Sign up, verify your identity, and open a TFSA. It's free, there's no minimum deposit, and the entire process is digital. You could also use Questrade or National Bank Direct Brokerage.

Step 2: Deposit your $100 (2 minutes)

Link your bank account and transfer $100 to your new TFSA. Most platforms process this within 1-3 business days. Some offer instant deposits for smaller amounts.

Step 3: Buy one ETF (3 minutes)

Search for XEQT or VEQT in your brokerage app. Buy as many shares as your $100 allows. On Wealthsimple, you can buy fractional shares — so your full $100 goes to work immediately. On Questrade, you'll buy whole shares (XEQT is roughly $25-30 per share).

Step 4: Set up auto-invest (5 minutes)

This is the most important step. Set up a recurring deposit — even $25 per week or $100 per month. Wealthsimple's auto-invest feature will automatically buy more of your chosen ETF on a schedule. Set it and forget it.

That's it

You're now a globally diversified investor. You own a piece of over 9,000 companies across 40+ countries. All inside a tax-free account. For $100. Your grandparents couldn't have done this for any amount of money. Don't take it for granted — start today.