There are two types of financial projects in Canada: registered and non-registered.

the difference is that registered investment needs to obtain the socialinsurancenumber of Canada, and it will be automatically registered with the Canadian Tax Bureau (CRA) at the same time. Different products have requirements for investment quota and tax, but they have tax benefits. There is no limit on the amount of unregistered investment, but there is no tax preference, and the return on investment is taxable. ?

as an international student with a work visa in Canada, the most common and easy investment scheme is to open a non-rigisteredaccount in a Canadian bank and invest in mutualfunds of the bank. If students have a Canadian social card number, they can open a taxfreesavingsaccount. The income from the investment will be free, and there is no minimum amount, but there is a maximum amount. The general bank will help you figure it out. International students with social card numbers can also open their own stock trading accounts in banks or bond companies, and invest in North American stocks in US dollars and Canadian dollars, but the approval is strict and leverage is not allowed. This kind of investment account can also choose to open a non-registered account or a tax-free savings account.

Generally, the minimum investment of the same fund is 1 Canadian dollars. There is no minimum investment in the self-trading stock account, but account management fees and transaction fees are generally required. The return on investment in unregistered accounts needs to be taxed according to the type of return. Canada's tax law is complex, and each return is taxed differently. The return on investment in a tax-free savings account is tax-free, but there will be a limit on the amount. You need to estimate the total amount according to the length of your stay in Canada.