Can an American cosign a personal Canadian loan?

Yes, an American can cosign a personal loan for a Canadian borrower, but it depends on the lender's policies. Some Canadian financial institutions may allow foreign cosigners, while others may not. The cosigner may need to provide proof of income and creditworthiness, and they should be aware of potential legal and financial implications. It's essential for both parties to thoroughly understand the terms and responsibilities involved in the loan agreement.