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Can I invest in US stocks in my RESP account? Is it treated the same way as an RRSP? i.e. no tax with holding.

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Can I invest in US stocks in my RESP account? Is it treated the same way as an RRSP? i.e. no tax with holding.

Thanks
Yes, you can invest in US$ stocks.
No, it is not treated the same as an RRSP.
You will be deducted a 15% withholding tax on any dividends paid.

pacman
 
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