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I think it is because no broker wants to give up the easy money. For a 10K transaction, the spread would be around 150, which is much larger than the commission.

Now that there is no more limitation to buy foreign stocks in a Canadian RSP account, you would want to load most of your RSP account with US stocks. However, most brokers charge a 1~2% currency conversion spread every time you buy or sell, which makes it very difficult if possible to buy US...