Depositary receipts are a time-tested way for investors to gain exposure to shares of foreign listed companies. Canadian Depositary Receipts (CDRs) are designed to make it easier for Canadians to access some of the largest publicly listed companies around the world, in Canadian Dollars, and with a built-in currency hedge. A wide variety of CDRs are now listed and trading on Cboe Canada.

A Canadian-First Approach to Global Investing

CDRs make it easy for Canadian investors, financial advisors, and institutions to invest in global blue-chip companies, with the following added benefits:

• Exposure to some of the world’s largest public companies in Canadian Dollars.
• More affordable access through fractional share ownership.
• Built-in currency hedge to minimize foreign currency risk.

Global CDRs

In 2021, innovation hit the market with the first CDRs to list in Canada, providing a simple way for Canadian investors to manage their U.S. stock exposure. Now, in 2025, dozens of CDRs are listed on Cboe Canada, providing access to global markets for Canadian investors.

Purchase CDRs

Investors can trade CDRs through their usual investment channels, including discount brokerage platforms and full-service dealers. You can buy and sell CDRs today via any of these online retail brokerages, or through your financial advisor.

CDR Issuer