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How does a Canadian sell TFSA assets in a foreign stock exchange?
I'm using TD Waterhouse and bought some stock in my TFSA account. However, the entity was purchased by a UK company. TD Waterhouse doesn't seem to be able to sell stock on the London Stock Exchange ...
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Do I still need to pay capital gains taxes when I profit from a stock in a foreign currency?
Let's say I convert CAD 100 to USD 90. With the USD 90, I buy a stock that goes to USD 100, and then I sell it.
If I don't convert the resulting USD 100 back to (say) the CAD 105 it might be worth at ...
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