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how to buy canadian stocks
How to buy canadian stocks. International trade is a large part of the Canadian economy, particularly with regard to natural resources. In 2009, exports of agriculture, energy, forestry and mining represented about 58% of Canada’s total exports.On the other hand, equipment, automotive products and other industries accounted for more than 38% of exports in 2009. Exports in 2009 accounted for approximately 30% of Canadian GDP. The United States is by far the largest trading partner of Canada, with a volume of exports of 73% and imports of 63% in 2009. Canadian imports and exports combined the eighth level among the world countries in 2006. Canada has a huge amount of natural resources spread and has a place Which makes Canadian stock trading a successful way to develop funds. The shares are bought and sold through a process called ’trading’, a sale or purchase of shares for a client who in that market. This process is carried out by an employee or a person who has a license to practice the trade. who wants to trade securities through the Internet should realize that this mechanism is very different from the traditional way of authorizing the financial intermediary to enter orders on the client’s behalf. Through the online service, the investor can follow the prices of the securities directly as well as information Other trading and any information provided by the Broker through the Service, and then enter The investor must be fully aware that he or she is the owner of the purchase or sale decision and is responsible for implementing this decision by introducing the appropriate order into the electronic system through the software provided by the broker to its customers. The advantages enable the investor to follow the course of immediately. enter orders and sell , and to exploit investment opportunities as soon as they are available. Attract attention and attract new , whether local or foreign, to follow up and manage his orders entered and follow up his investment portfolio . Increase the base of securities traders increase the depth and liquidity of the market and high volumes. Although there are advantages to on the Internet, but not without the risks of the most important: the mechanism of the work of the network crashes Internet traffic activity increased abruptly. Lost password or password for investor account Speed of Internet connection falls in prices and trading information of securities broadcast through the platform. Do not provide software and password protection and passwords and other access control mechanisms on the client’s computer, which helps to reduce therisk of using the Internet in communications and in the implementation of . The failure to deal with sensitive and confidential data by persons using the investor’s computer systems Or data stored therein.
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Recently, shares of the largest Canadian companies show steady growth. In my opinion, this is due to favorable conjuncture emerging for the Canadian economy in the world market. Among these factors, it should be noted that the Bank of Canada raised the key rate in July and September to 1%, oil prices rose above $ 55 per barrel, Canada’s GDP in the second quarter increased by 4.5% in annual terms, making the Canadian economy the fastest growing among the G7 countries. All these factors favorably influence the Canadian stock market, so now is a good time to buy сanadian stocks. How to buy canadian stocks? You need to select a broker and open an investment account by paying taxes.
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