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What are the rules for investing in Canada, in particular, foreign investments?
When I was in high school, they informed me that I can only invest around 12 percent outside of Canada, I would like to know if this has changed, or if it is true to begin with?
1 Answer
- Anonymous2 years ago
If you are referring to RRSPs, that limit has been removed, you can be 100% in foreign stocks. I wasn't aware of other types of accounts with investment limits, RHOSPs may have had them but they were phased out decades ago.