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With TFSA on american stocks and penny stocks

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asked Jan 01, 2018 02:48 PM

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Can I trade in my TFSA with American stocks and Penny Stocks? What will be the tax implication, if any? Thank you in advance.

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answered Jan 08, 2018 09:34 PM by
Jin Won Choi gravatar image Administrator

Yes, you can trade U.S. stocks, including penny stocks in your TFSA as long as the stock is listed in one of the designated exchanges.

Jin

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