Map & Directions

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.

Protecting your wealth and having strong cross-border investment management is so important when you plan to move across the border or have ties to both the US and Canada.

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.