When I think about finding the best dividend stocks in Canada, two schools of thought come to mind. The first is yield-chasing—going after the highest payouts possible, regardless of quality. The second is dividend growth—owning companies that may not have the biggest headline yields, but consistently raise dividends year after year. Personally, I lean toward…
Between Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), and First Home Savings Accounts (FHSAs), Canadians have plenty of tax-sheltered room to work with. But even the most diligent savers will take time to max out those accounts. If you’ve already filled them, the next step is usually a non-registered account. These are far…
If your home purchase is still a few years away, you don’t want to park your First Home Savings Account (FHSA) in stocks that might be in an unrealized loss just as the perfect property comes up. For most people, the instinct is to grab Guaranteed Investment Certificates (GICs). They’re CDIC insured and simple. But…
Shares of Constellation Software (TSX:CSU) are sliding after news that long-time CEO Mark Leonard is stepping down due to health issues, alongside investor worries about artificial intelligence (AI) disrupting the company’s model. I don’t buy it. Mark isn’t Constellation, and Constellation isn’t Mark. As great a leader as he is, the business is far bigger…
I’m worried about the financial nihilism creeping into Gen Z Canadians. To be fair, the deck is stacked against them: housing costs are out of reach, employment markets are shaky, wages aren’t keeping pace with inflation, and student debt lingers for years. But that’s no reason to throw up your hands and gamble on altcoins,…
Here’s the bottom line up front: no, Algonquin Power & Utilities Corp. (TSX:AQN) is not a good dividend stock to buy if your goal is making money from your investments. The company is still struggling with negative leveraged free cash flow, a dangerously high debt-to-equity ratio, and an unsustainable payout when measured against distributable cash…
If you’ve just opened a Tax-Free Savings Account (TFSA) and maxed out your $7,000 contribution room but aren’t sure what to buy, resist the urge to park it in a guaranteed investment certificate (GIC) that barely outpaces inflation. For beginners, my go-to choice is index exchange-traded funds (ETFs). These funds track broad market benchmarks made…
Back in January, I covered BCE Inc. (TSX:BCE) and flagged its sky-high dividend that wasn’t covered by distributable cash flow. At the time, the stock was yielding close to 12%, and I remember thinking, “Whoever buys this right now is a sucker. It’s going to be cut.” Sure enough, in May, BCE slashed the quarterly…
You might have heard about Brookfield Corp. (TSX:BN) from a friend’s stock tip or seen it pop up in online debates, especially with former Bank of Canada governor and now Prime Minister Mark Carney having been involved with the firm. But if you go on your brokerage app and type in “Brookfield,” you’ll quickly notice…
There’s an old investing rule called “buy what you know.” It was popularized by Peter Lynch, the legendary Fidelity fund manager, who often relied on the observations of his wife and kids to spot trends before Wall Street did. For Canadians, that might mean something as simple as stopping at Tim Hortons on the way…