
Tax withholding
I’m in Canada. Anyone know if there some kind of recent changes when selling American stocks or receiving dividends? I received this dividend which on the earnings screen shows the full amount, but on recent activity it shows only part of the dividend was actually added to my account. Also today I sold a stock for 1021$ USD profit, but only received 906$ CAD. I have heard of tax withholding if you are a Canadian who has made money in the US or off of US stocks, but this was never the case on Wealthsimple before when I’m buying and selling. Usually if I sell an American stock I end up with more then the amount showing when I sell because the American dollar is better then Canadian. Why am I all of a sudden receiving less in cad then the amount I sold the stock for In usd?