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  5. BN: Is journaling shares from a TSX listed company to its US counterpart, a way to potentially benefit from a weakening canadian dollar and a strengthening Us dollar? [Brookfield Corporation Class A Limited Voting Shares]

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Q: Is journaling shares from a TSX listed company to its US counterpart, a way to potentially benefit from a weakening canadian dollar and a strengthening Us dollar?

For Example, I journal my brookfield shares to the US market today, the current exchange is 1.38.
5 years from now I sell my shares in US dollars and convert back to canadian dollar at 1.45.

Does this make sense?
Asked by Schoombee on October 24, 2024
5i Research Answer:
Because the shares are listed in the US as well, both markets prices will be essentially the...
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