I just set up an online account with my banks online brokerage to be able to buy vanguard in my RRSP.
They are offering $250 cash and 25 free trades (another $250) for me to move 100+K into my account.
I went to the bank and asked what's in it for them, but the friendly guy I was talking to didn't know.
What does a major Canadian banks brokerage have to gain from giving me $500 to hold my 100+K in Vanguard funds?