On RRSP; I opened a self directing account with Scotia. Does it mean I have to buy everything through it. Can I buy stock on another site with cheaper transaction fees but still declare it as my RRSP ?

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Yes, you can have RRSP through multiple brokerages, just make sure you take them all into consideration when contributing so you don’t go above your limit.

I read this as if he could buy keys say with WealthSimple or TD and put it into their Scotia RRSP account; my bad. 🤷🏻‍♂️

D1 your understanding of my question is correct.

Also can u share best options for self directing RRSP accounts; I want to split my money mostly into equities and gold ETFs

I use TD as it’s my main bank and I like having everything in one place (easier for me); but this isn’t the cheapest ($10 fee); if you won’t be doing many transactions per quarter then go with your main bank (guess scotia?). In the lobby term: $10 as a one time fee when you buy is the cost of doing business (to me)

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Yes. I use wealthsimple. And interactive brokers

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