Millions of Canadians are missing out on one of the most powerful wealth-building tools available: the Tax-Free Savings Account (TFSA). Despite being introduced over a decade ago, the TFSA remains widely underutilized. In 2024, 45% of TFSA holders didn’t contribute at all, and 91% failed to maximize their contributions, according to Statistics Canada. This isn’t…
Investing in small-cap stocks trading at a reasonable valuation and positioned for steady growth is a strategy that will help you deliver outsized gains over time. In this article, I have identified two such Canadian stocks you could consider buying with just $1,000. Let’s see why. Is this Canadian stock a good buy right now?…
With just $14,000 in a Tax-Free Savings Account (TFSA), you might not think it’s possible to generate much income. But with a little planning and the right dividend payers, that capital can work a lot harder than you might expect. Instead of going for high-risk flyers or trying to time the market, I’d opt for…
Retirees and other income investors are searching for good Canadian dividend stocks to add to their self-directed Tax-Free Savings Account (TFSA) portfolios. With the TSX at a record high and tariffs causing economic uncertainty, it makes sense right now to consider industry leaders with solid track records of delivering dividend growth. TC Energy TC Energy…
When most investors think of Canadian tech, Shopify usually steals the spotlight. But dig a little deeper, and you’ll find a lesser-known legend quietly turning its ship around: BlackBerry (TSX:BB). Yes, the same BlackBerry that once dominated your high school group chats is now powering the world’s most secure communications and autonomous vehicles. And with…
If you had $250,000 ready to invest in Canadian dividend stocks, how would you go about it? That’s not a small amount of money; it could be life-changing. For many investors, the goal with a lump sum like that is to strike a balance between income, stability, and some growth. In this case, we’ll take…
Whitecap Resources (TSX:WCP) is a Canadian energy company that focuses on the development of oil and natural gas facilities in the Western Canadian Sedimentary Basin. Last month, the company posted an impressive second-quarter performance, outperforming its production guidance and improving its financial position. Amid healthy quarterly performance, the company’s management predicts its 2025 production to…
A software stock that has made its loyal shareholders wealthy over the past decade is set to release its second-quarter earnings on August 8. In the run-up to the earnings, the stock is seeing buying momentum, up 1.5% in August so far. The stock in question is Constellation Software (TSX:CSU). Is this long-term resilient growth…
Air travel has always been a volatile business. Between fuel prices, geopolitical tensions, economic slowdowns, and global health crises, airlines are no strangers to turbulence. But some companies, despite all this, manage to emerge stronger, leaner, and more focused. Air Canada (TSX:AC) is shaping up to be one of them. And while many investors still…
There are many ways to play the energy sector. From a range of dividend stocks providing bond-like income to other companies that are certainly much closer to growth stocks, investors have a range of options to choose from. For Canadian investors looking at the TSX, this fact is perhaps even more true. The Canadian stock…