For Xmas this year, I am looking to buy a stock or two for my niece who is 10 years old. I'd like to buy a stock like Tim Hortons, a Canadian bank stock, or some other Canadian company stock. If they offer dividends, all the better. Does anyone know how I would go about doing this? Would I just buy a stock, get a certificate and give the certificate? Should I open an RESP for them and buy it through that (perhaps giving them more every year)? Any other ways to do something like this?
The closest thread I could find on this was http://canadianmoneyforum.com/showthread.php?t=761. I didn't have any luck finding any good instructions for Canadians on google.
The closest thread I could find on this was http://canadianmoneyforum.com/showthread.php?t=761. I didn't have any luck finding any good instructions for Canadians on google.