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  5. CNQ: Between these 2 stocks, both with good growth and dividends, would you prefer for a long term hold. [Canadian Natural Resources Limited]
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Q: Between these 2 stocks, both with good growth and dividends, would you prefer for a long term hold. Are their dividend taxed differently in Canada?

Is there another CDN or US stock you prefer to these two?
Asked by Graeme on June 27, 2024
5i Research Answer:

HESM is a US limited partnership, and has VERY onerous tax implications for Canadians, including a 10% tax on disposition proceeds (not gains, but disposition amount). Tax on distributions can also be as high as 35%. CNQ would be far, far preferred here. We would also suggest SU. For US exposure, CVX. 

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