Author: Dave
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How to Move a Taxable Account from the US to Canada
In my experience, it is hard to find a US brokerage that will hold a taxable (called “non-registered” here in Canada) account for a Canadian resident. So when you move, you’ll likely by moving your US taxable investments to Canada with you. The good news is that it’s easy to find a Canadian brokerage that…
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Deciding How to Invest in a Group RRSP with High Fees
I’m a big believer in the efficacy of investing in low-cost index funds. At the same time, I’ve also found myself facing high-fee group RRSP options. What is the best way to approach limited options in a group RRSP plan? Let’s explore some of the different ways you might approach investing in a group RRSP…
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Late Roth IRA Elections and Canadian Contributions
The good news for people moving from the US to Canada is that the Canada-U.S. tax treaty allows for Roth IRAs to be tax-free on both sides of the border. There is a process to be followed, though. Specifically, you are asked to file an election with the CRA on or before the tax filing…
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Questrade Now Offers Free Trades
I’ve been a fan of Questrade since moving to Canada, as they are one of the Canadian brokerages that is most US-person friendly. At the same time, I’ve had to give the edge to Wealthsimple, as they offered free trades on stocks and ETFs, whereas Questrade just offered free buys. It doesn’t make a difference…
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Fee-Free International ATMs for EQ Bank and Wealthsimple
The Measure of a Plan has put together a page listing ATMs around the world (currently 67 bank companies in 40 countries) where Wealthsimple and EQ Bank customers can withdraw foreign currency without paying either foreign exchange fees or ATM transaction fees. Wealthsimple and EQ Bank are both good resources for crossborder folks (as they…
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Cross-border Implications for Canadian Investment Accounts
If you’re looking for cross-border implications for US investment account types, please see this article. As a US person living (and investing) in Canada, there are ramifications to the various investment account types that you’ll want to consider. Here’s a quick […]
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Choosing a Canadian Brokerage as a US Citizen
February 2026 Update: After years of using it, I’m not currently recommending Questrade. There are two main reasons: This is just my opinion, and I’m leaving the information below to help folks make the right decision for their own situation. — Finding a Canadian brokerage for US citizens is typically easier than finding a US…
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Travel Hacking in Canada as a US Citizen
When we first moved to Canada, I hung up my travel hacking hat. Between COVID and our new immigration, there was enough going on. After a year or so, though, I got the itch. At first, I looked at Canadian credit cards, but their sign-up bonuses were much more modest. That’s why I started researching…
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Choosing a US Brokerage as a Canada Resident
Finding a US brokerage for a Canadian resident can be challenging but it is doable. I strongly encourage you to do this BEFORE moving, as you will likely have more options at that point. Some brokerages allow you to keep accounts while living in Canada, but only to open these accounts while living in the…
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How to Manage US Investment Accounts as a Canadian Resident
There are a lot of opinions about what to do with US investment accounts when moving to Canada. On one extreme, some people recommend shifting everything to Canada (e.g. rolling IRAs into RRSPs). On the other extreme, you’ll find folks who recommend keeping US accounts where they are and using the mailing address of a…