Fortis (TSX:FTS) has long been a staple in retirement and income-focused portfolios, known for its reliable performance and increasing dividends over the past 50 years. This impressive track record has earned it a reputation as a dependable blue-chip stock. But where could Fortis stock be in the next five years? Let’s break down its current…
Companies that consistently raise their dividends will be financially stable and enjoy healthy cash flows from their solid underlying businesses even during a challenging macro environment. These companies would help you earn a stable passive income and strengthen your portfolios. Against this backdrop, let’s look at my three top picks that have raised their dividends…
The first contribution limit of the Tax-Free Savings Account was $5,000. Fast-forward to the present, and the total cumulative contribution room for anyone eligible since 2009 but who has never contributed has ballooned to $109,000. The TFSA is a fantastic account because it begins your journey to real wealth when you use it to save…
While the broader markets are trading close to all-time highs, one Canadian dividend stock has underperformed in recent years. Down over 20% from record levels, Toronto-Dominion Bank (TSX:TD) is wrestling with a slew of regulatory and industry-related issues. The Canadian bank faces a US$3 billion settlement with U.S. regulators over anti-money laundering violations, leading to…
In 2025, there are three big changes coming to the Canada Pension Plan (CPP) and Old Age Security (OAS) that all Canadians need to know about. These changes impact how much those still paying into CPP will eventually get when they draw it, as well as the amounts that current beneficiaries receive. So, all Canadian…
As the Tax-Free Savings Account (TFSA) contribution limit holds steady at $7,000 for 2025, Canadian investors are on the lookout for robust opportunities to maximize their tax-free gains. One compelling contender is Exchange Income (TSX:EIF): a diversified acquisition-oriented company with a strong track record in aerospace, aviation services, and manufacturing. So, let’s get into why…
Image source: Getty Images Brookfield Infrastructure Partners (TSX:BIP.UN) has long been a favourite among Canadian investors seeking both growth and income. It hosts a diversified portfolio of essential infrastructure assets. Ranging from utilities and transportation to midstream energy and data infrastructure. Brookfield has carved out a unique position in the market. But where might the…
Although the TSX Composite Index started 2025 on a strong note by surging 3.3% in the first month, escalating trade tensions and uncertainty about the future economic outlook have driven the market benchmark down by 1.3% so far in February. In times of market uncertainty and economic slowdowns, some Canadian stocks struggle while others continue…
Image source: Getty Images As Canadians, we’ve all experienced the ripple effects of U.S. policies, from trade deals to tariff wars. United States president Donald Trump’s tariff policies have historically disrupted trade between Canada and the United States. Now, as the threat of such tariffs looms again, Canadian businesses could face new challenges. While some…
The Canadian financial sector is a powerhouse, comprising nearly a third of the stock market. If you invest in solid companies at the right valuation, you can enjoy a reliable stream of passive income and long-term growth. For those ready to invest $5,000, here are five top financial stocks that offer the potential for steady…