Investing in any of the 10 best Canadian dividend stocks to buy and hold is the perfect way to gain exposure to the Canadian market and the country’s bountiful natural resources, which many Canadian stocks owe thanks to.
Canada has its own robust stock market, the Toronto Stock Exchange, which has over 3,000 companies listed on it, making it one of the most populated exchanges in the world. Canada also ranks fifth overall in terms of listed companies by country, trailing only India, the U.S, Japan, and Spain.
Nonetheless, many of the largest Canadian companies are listed on both the TSX and U.S exchanges, so as to reach a larger pool of investors. Some Canadian companies eschew the TSX entirely and are listed solely on U.S exchanges, so it’s quite easy for Americans to invest in the Canadian market. There are 176 Canadian companies listed in the U.S according to Nasdaq.com, with precious metals and energy companies accounting for a disproportionate amount of those stocks.