Open a bank account

Canadian Banks

I’ve heard the best is Tangerine and Wealthsimple.

Personal Banking | Tangerine

wealthsimple Wealthsimple: Your money’s worth more.

I am with RBC, they are super old school and unlike in Europe with N26 or Revolut it’s a brick and mortar bank and they are a pain to deal with, so I don’t recommend it. But, you won’t be able to create an account with Tangerine (and some other online banks like EQ) until you have a BC government-issued ID.

Transfer your money

Don’t use the standard international transfer your bank offers as this will cost you loads of money. Instead, create an IBKR account following these steps

Next steps:

Change to a Canadian brokerage:

How stock trading in Canada works: