Canadian Depositary Receipts (CDRs): Global Investing Made Accessible for Canadians

Simplified Global Stock Trading

Canadian Depositary Receipts (CDRs) offer a convenient and cost-effective way for Canadian investors to participate in the global stock market. CDRs represent foreign stocks that are traded on a Canadian exchange, allowing investors to buy and sell international securities without the need for multiple brokerage accounts or currency conversions.

Recent Expansion of CDR Offerings

CIBC recently announced the addition of six new CDRs, bringing the total number of CDRs listed on the Canadian exchange to eight. These new CDRs include Tesla, Alphabet, Visa, and Mastercard, providing Canadian investors with access to some of the world's largest and most recognized companies.

This expansion makes it easier for Canadian investors to diversify their portfolios and gain exposure to global markets. The CDRs trade on the Toronto Stock Exchange, offering real-time price updates and analysis charts to facilitate informed investment decisions.