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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: David Culver who wrote (5209)12/31/2002 1:44:12 PM
From: Seeker of Truth  Read Replies (1) | Respond to of 11633
 
The Canadian dollar stays around 63 U.S. cents because we have a huge financial deficit, paying dividends to U.S. investors balanced by a large trade surplus so there is a rough equality. A rise would disturb that. Our goods would be less competitive. I wouldn't invest in Canada based on a hoped for rise in the C $.



To: David Culver who wrote (5209)1/1/2003 9:11:44 PM
From: Seeker of Truth  Read Replies (1) | Respond to of 11633
 
So far as I know, U.S. reits don't return any of the capital so there are no tax deferred payouts. The tax situation is different(better) in this respect in Canada.


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