# EXM-F01 — A financial service is anything in paragraphs (a)–(m) of ETA 123(1) that is not excluded

**Flag: Current** — Verified against the live source. Safe to cite.

A financial service is anything in paragraphs (a)–(m) of ETA 123(1) that is not excluded by (n)–(t). The inclusion that matters for advisors is **(l), "arranging for"**. The exclusions that matter are **(p) providing advice**, **(q.1) asset management service**, and **(r.4) preparatory services**

## Sources

- Memorandum 17-9 (primary): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/17-9/insurance-agents-brokers.html

Jurisdiction: FED · Verified 2026-08-27 · Review: legislative