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Horizon Canada just offered a swap based Canadian bond ETF, which will be trading on the Toronto stock exchange tomorrow.
Horizon already offers a Canadian and U.S. swap-based stock ETF. By coupling these equity indexes with this new bond offering, expats won’t have to pay capital gains taxes or dividend with-holding taxes. I explain how this works in my upcoming book, due this fall.
I didn’t think the tax benefits of being an expatriate Canadian could get any better. But they just did.
Incidentally, I already own Horizon’s two equity indexes in my personal portfolio.