Many Canadian companies generally tend to have higher dividend yields than their peers south of the border. For example, the dividend yield of the benchmark S&P/TSX Composite Index was 3.3% at the end of February relative to just 2.5% for the S&P 500 according to FT market data. Since Canada is mostly a natural resources-based …
The current Canadian Withholding Tax Rate for Dividends for US-based investors is 15.0% for stocks held in taxable accounts. This is a reduced tax rate since the actual tax rate on dividends paid by Canadian corporations to non-residents is 25%. Due to a tax-treaty between the US and Canada, the reduced tax rate of 15% is applied …
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Canada is the largest exporter of crude oil and other petroleum products to the U.S. Saudi Arabia ranks as second largest exporter to the U.S. followed by Mexico. Canada maintained the top position in both 2010 and 2011 and is likely to be a key supplier to the U.S. for many years to come.Due to …
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Is the Canadian housing market in a bubble or not? Its a question that Canadians and foreign investors in Canada worry about these days. Almost not a week goes by without the media talking about the housing market in Canada. This is because housing prices in Canada continue to remain strong despite weakness in the …
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Canadian National Railway (CNI) and Canadian Pacific Railway (CP) are the major railroads in Canada. Activist investor Mr.Bill Ackman of hedge fund Pershing Square Capital Management has initiated a corporate battle to take control of the Canadian Pacific railroad and implement management changes. With a bet of $1.4 billion Mr.Bill currently holds 14.2% of the …
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