U.S. bank stocks have risen since the November 8th election which could also impact the stock price performances of financial institutions north of the border. Here’s why the banking sector could benefit big time under a Donald Trump Presidency.
These three stocks represent some of the best dividend growth stocks in Canada right now. Put together, they should provide ample diversification since they do business in three independent industries.
United States investors should be aware of possible 15% dividend tax withholding from Canada. Due to a tax treaty between the United States and Canada, this withholding can be waived for qualified retirement accounts like 401Ks and IRAs.