In Canada, investors can use Tax-Free Savings Accounts (TFSAs) to avoid tax on stock gains, making it the best vehicle for high-growth investments. They can also use Registered Retirement Savings Plans (RRSPs) to defer tax until withdrawal, offset gains with capital losses, and donate appreciated shares to reduce tax.

Find out what to do if you have a large, unrealized gain in a single stock and do not want to trigger capital gains taxes.

As an American living in Canada, it's important that you seek the guidance of a cross-border accountant and a cross-border advisor. This post will provide you with some general information on U.S. taxes in Canada, but it’s no substitute for working with a professional.