Topic
In Money
Money • Taxes
Canadian investors can face very different US dividend withholding-tax outcomes depending on where they hold the same securities. Qualifying RRSPs and RRIFs can avoid withholding on directly held US stocks, while TFSAs generally lose 15% permanently. In non-registered accounts, investors may claim a foreign tax credit, subject to Canadian tax rules and limits.
Money
Canada’s superficial loss rule can deny a capital loss when you, your spouse or another affiliated person buys identical property within a 61-day window and still owns it at the end. While denied losses may be added to a taxable account’s adjusted cost base, repurchases inside an RRSP or TFSA can effectively erase the tax benefit.
Money
Tax-loss harvesting can help Canadian investors use realized capital losses to offset capital gains in non-registered accounts. This guide explains how losses may be carried back or forward, why the superficial-loss rule creates a 61-day window, how a spouse’s purchases can matter and why TFSA and RRSP losses generally cannot be used this way.
Money
Canada is preparing new counter-tariffs on $27.6 billion worth of U.S. imports, with rates of 15%, 25% and 50% taking effect September 8. The measures target products including appliances, dairy, steel, furniture, clothing and agricultural equipment. The new tariffs could affect costs for Canadian businesses and consumers, although the final impact on retail prices will depend on how companies respond.
