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Every Canadian should know how to buy stocks in Canada. Why? Historically, investing in the stock market has been one of the most powerful ways to build long-term wealth. To buy stocks of companies in Canada by yourself, you have to open a brokerage account with a registered broker. The alternative is to go through a licensed financial advisor who can buy the shares on your behalf. Once you have an account open, follow these steps to start trading stocks!
1. Learn about the major stock exchanges in Canada
In Canada, stocks of public companies are primarily traded on four exchanges:
- Toronto Stock Exchange (TSX)
- TSX Venture Exchange…
