I have a bank statement and a letter showing a USD $11K balance (CAD $14K) and another bank statement with a $5K USD balance.
I also have stocks and crypto in my name. Do I need to show this as well? How do I declare it?
On the E677 form https://www.cbsa-asfc.gc.ca/publications/forms-formulaires/e677-eng.html it says this:
Monetary instruments” means securities and negotiable instruments in bearer form where ownership is conveyed by physical possession. It can include stocks, bonds, debentures, treasury bills, banker's drafts, cheques and money orders, other than warehouse receipts and bills of lading. It does not include securities or negotiable instruments that bear restrictive endorsements or a stamp for the purposes of clearing or are made payable to a named person and have not been endorsed.
Does this mean the crypto and stocks I own through Coinbase and ETrade websites which are essentially brokers should've declared? I don't have physical possession of these stocks and cryptos.
I also have stocks and crypto in my name. Do I need to show this as well? How do I declare it?
On the E677 form https://www.cbsa-asfc.gc.ca/publications/forms-formulaires/e677-eng.html it says this:
Monetary instruments” means securities and negotiable instruments in bearer form where ownership is conveyed by physical possession. It can include stocks, bonds, debentures, treasury bills, banker's drafts, cheques and money orders, other than warehouse receipts and bills of lading. It does not include securities or negotiable instruments that bear restrictive endorsements or a stamp for the purposes of clearing or are made payable to a named person and have not been endorsed.
Does this mean the crypto and stocks I own through Coinbase and ETrade websites which are essentially brokers should've declared? I don't have physical possession of these stocks and cryptos.