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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: sainte-beuve who wrote (4997)11/9/2003 8:07:26 PM
From: Cush   of 5144
 
Hi Dirk. I know we have some people following the thread who know the answer to your question, so maybe we'll hear the definitive answer from one of them.

As far as I know, outside of your Registered Retirement Savings, there are no percentage limits that affect private Canadian investors.

Within your RRSP's the old figure was maximum 20% in foreign holdings.

I believe that has been relaxed. The number will be somewhere within the Revenue Canada guidelines.

It's been a few years since I bothered with issues other than the TSE.

I won't trade the Vancouver exchange - no matter what they call it.

And I found that Action Direct was killing me on the exchange rate when I traded the US issues.

And I didn't like splitting my capital into US and Can funds. It always seemed like I had the money allocated where I didn't want or need it.

Cush
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