tag:blogger.com,1999:blog-5465015914589377788.post9198067571704779178..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Vanguard Canada Introduces 5 New ETFsMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5465015914589377788.post-8255896540903653382020-11-02T23:38:54.196-05:002020-11-02T23:38:54.196-05:00Canadian Capitalist left the following comment on ...Canadian Capitalist left the following comment on 2012-09-12:<br /><br />The answer is yes. The new Vanguard S&P 500 ETF trading in Canada will incur a 15% withholding tax when held in RRSP or RRIF accounts. Vanguard cannot do anything about this.<br /><br />Thank you for the link.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-86306475340052939052012-09-06T21:03:36.769-04:002012-09-06T21:03:36.769-04:00I'm confident (like you) U.S. listed ETFs esca...I'm confident (like you) U.S. listed ETFs escape withholding taxes in an RRSP or RRIF; I don't see any withholding taxes applied to my VTI or VWO in my RRSP. <br /><br />I would assume this would apply to CDN-listed non-hedged products; no withholding taxes in RRSP or RRIF.<br /><br />I wonder how many more products are on the way?My Own Advisorhttp://www.myownadvisor.canoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-21253623905648960112012-09-06T14:07:55.637-04:002012-09-06T14:07:55.637-04:00@OpenSourcePortfolio: The main difference between...@OpenSourcePortfolio: The main difference between this new ETF and SPY is that the new ETF would trade in Canadian dollars. Savvy investors know how to avoid the worst currency conversion costs, but many investors pay through the nose.<br /><br />We don't know the MER yet, but the management fee is 0.15%. Given Vanguard's history, one assumes that the MER will come in below 0.2%, but we don't know for certain yet.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-77773049061713665262012-09-06T13:50:36.528-04:002012-09-06T13:50:36.528-04:00How is it any different from spy? What is the mer?...How is it any different from spy? What is the mer?Opensourceportfoliohttps://www.blogger.com/profile/16359681243571858503noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-30797674450514708642012-09-06T09:07:31.304-04:002012-09-06T09:07:31.304-04:00@Lewin: You're right about the tax treaty not...@Lewin: You're right about the tax treaty not applying to TFSAs anyway. So, this new Vanguard S&P 500 ETF would be fine for TFSAs and non-registered accounts.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-29212236463512310332012-09-06T07:44:57.908-04:002012-09-06T07:44:57.908-04:00If they still deduct withholding taxes, one could ...If they still deduct withholding taxes, one could hold it in a TFSA. Those aren't subject to the treaty anyway (I think).lewinnoreply@blogger.com