Q: Hello -
I'm interested in buying this ETF, but am unsure which account I should purchase it in. It appears to priced in CAD, so this would eliminate my U.S. accounts as options. The ETF pays a small dividend. Even though this dividend is paid in CAD I'm still assuming there is no preferential tax treatment since this a foreign ETF.
Is all this correct?
If so, would it make the most sense to make the investment in my (CAD) RRSP, or perhaps my (CAD) TFSA ?
Thanks.
Jim
I'm interested in buying this ETF, but am unsure which account I should purchase it in. It appears to priced in CAD, so this would eliminate my U.S. accounts as options. The ETF pays a small dividend. Even though this dividend is paid in CAD I'm still assuming there is no preferential tax treatment since this a foreign ETF.
Is all this correct?
If so, would it make the most sense to make the investment in my (CAD) RRSP, or perhaps my (CAD) TFSA ?
Thanks.
Jim