Q: Good afternoon.
The other day I asked a question about dividends paid in US$ by Canadian companies. It was noted that these dividends are usually best kept in a U.S. account .
If these dividends are to be used for income in Canada is it still best to keep them in a U.S. account?
If so what is the best method to minimize exchange costs?
The other day I asked a question about dividends paid in US$ by Canadian companies. It was noted that these dividends are usually best kept in a U.S. account .
If these dividends are to be used for income in Canada is it still best to keep them in a U.S. account?
If so what is the best method to minimize exchange costs?