Q: Re Edward's comment about not being able to purchase individual equities in an RDSP. This is probably because he opened it through a BMO retail banking branch/outlet. I know TD/Waterhouse (brokerage A/C) allows this as per the following from www.tdwaterhouse.ca/products-services/investing:
"Over and above our industry-leading GICs, term deposits and mutual funds, you can invest in a wide selection of qualified investments including —
A wide range of mutual funds from other leading
fund companies
Fixed income investments and third party GICs
Canadian, U.S. and foreign equities,
including new issues"
I'm sure the same can be done through a BMO brokerage as well.
"Over and above our industry-leading GICs, term deposits and mutual funds, you can invest in a wide selection of qualified investments including —
A wide range of mutual funds from other leading
fund companies
Fixed income investments and third party GICs
Canadian, U.S. and foreign equities,
including new issues"
I'm sure the same can be done through a BMO brokerage as well.