RE:RE:RE:QUINTY...RE: $USD Dividends,,,,,,,,,,Red Deer you seem to complicate things. I have ENB common and ENB preferreds among many other things. One of the brokerages IS SCOTIA MCLEOD.
The ENB preferreds are in my US account therefore the quarterly dividends are sen to me in a paper check form IN US FUNDS. I take that into a bank, and convert it into Loonies. And get op to 30% bonus on the amount.
That's it.
The dividends from other companies are done by ETF into my bank account.
The only thing is ScotiaMcLeod is pretty tardy with sending the money,so I moved one of my accounts to another brokerage. Scotia has now less than i mil.