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ah-tee
New Member

If I own a cost of $120,000 CAD of US stocks in TFSA account, do I have to declare $100,000 foreign property ownership?

 
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If I own a cost of $120,000 CAD of US stocks in TFSA account, do I have to declare $100,000 foreign property ownership?

 Investments held inside Canadian registered accounts such as RRSP’s, RRIF’s, TFSA’s etc....are exempt from reporting, as are foreign securities held by Canadian mutual funds and ETF’s.  

What is a TFSA (Tax-free Savings Account)?