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Q: Followup to earlier question on ZDY.U. I respectfully disagree with the answer. Since ZDY.U is a Canadian ETF, the ETF automatically withholds foreign taxes, so it doesn't matter where an individual investor happens to hold this. In order to take advantage of the RRSP in this manner, one has to use a US-based ETF, like VIG, that does not automatically withhold foreign taxes. This sort of question gets asked a lot in your Q/A, so I think it's very important that this is clarified. Thank you.
Q: Are the distributions, if held in a register account (either a TFSA, RRSP or RRIF) subject to the withholding tax?
Q: ZDY.U is thinly traded, so shares must be bought/sold carefully. Looking at this security under your 'Companies' tab, I see that at the time of this writing, there is a bid of 23.25 x 22000 while the current market price is 23.27. If I put in a sell order at 23.25 at that very instant for less than 22000 shares, is it likely that the order would get filled and my shares would sell at 23.25? Thank you.
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