Category: Cross-border Investing
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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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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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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…