Is there a downside to holding securities in a USD TFSA? « Back to Previous Page ▲ 0 ▼ ♥ 0 Marked as spam Asked on November 24, 2021 9:24 am 0 views Follow Unfollow ▲ 0 ▼ ✔ Private answer The only downside would be that the dividends you receive from these US stocks would be subject to withholding tax, which is 15% of the dividend. You'd need to place them in an RRSP to avoid that. Marked as spam Posted by Dan Kent Answered on November 24, 2021 4:27 pm « Back to Previous Page