Q: Hi Peter,
I am curious about stocks that are listed in both Canada and the US. There is sometimes a differential (and I think above and beyond the exchange differential) and sometimes they are even moving in different directions. Could you please explain any advantages/disadvantages with Canadian vs US holdings of the same corporation? And which type of US stocks have withholding tax and is that tax withheld even if I hold the stocks in my RSP? Thanks so much for your help!
I am curious about stocks that are listed in both Canada and the US. There is sometimes a differential (and I think above and beyond the exchange differential) and sometimes they are even moving in different directions. Could you please explain any advantages/disadvantages with Canadian vs US holdings of the same corporation? And which type of US stocks have withholding tax and is that tax withheld even if I hold the stocks in my RSP? Thanks so much for your help!