How to Set Up DRIP in Canada (Questrade & Wealthsimple Users)

Want your dividends to work harder for you? In Canada, a DRIP (Dividend Reinvestment Plan) automatically reinvests your payouts into buying more shares — growing your portfolio on autopilot. This guide shows beginners how to set up DRIP with Wealthsimple and Questrade, explains the difference between fractional vs whole shares, and covers the tax perks of using your TFSA, RRSP, or non-registered account.