Wealthsimple is introducing new products aimed at families and cross-border banking. The company is launching accounts for kids and teenagers, along with tools that let family members control each other’s accounts with permission. Parents will be able to pay children directly by topping up the interest rate paid to a child’s account. Wealthsimple also plans a U.S. dollar chequing account with no account fees, enabling cross-border access to American and Canadian payments by fall 2026. The company is also adding a feature that allows clients to designate someone else to take investment actions on their behalf with permission, with availability targeted for summer 2026.
""Where's the line, and where is the boundary around what they can and can't do," she said. However, she suggested there could be an advantage to the concept, if properly secured. "A lot of my clients who are the sandwich gene"
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