How can a U.S. citizen invest in a Canadian stock?
Investing in foreign stocks can be a great way to diversify your portfolio.
Over the years, buying non-U.S.-listed stock, known as ordinaries,
has become much easier and cheaper. Many multinational brokers in the United
States offer clients the ability to buy stocks listed on foreign markets. Keep
in mind there may be restrictions on the quantity and total value of foreign
securities you can hold in your U.S. account. Not all brokerage companies offer
international investment services, so you may have to do a little shopping
around to find the firm that meets your needs.
WFI Industries Ltd. Stock symbol is WFI on the Toronto Stock Exchange. Contact your local stock broker to further assist you with this great investment opportunity.
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Note: All dividends are "eligible" for Canadian tax purposes. )
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