Image source: Getty Images Valued at a market cap of $30.88 billion, Telus (TSX:T) is among the largest telecom companies globally. Telus has two primary business segments: technology solutions and digitally-led customer experiences. With roughly 20 million subscriber connections, Telus serves mobile phone users and internet subscribers. While the TSX index has more than doubled…
Canadians can save, invest, and not pay taxes on investment income through the Tax-Free Savings Account (TFSA). Tax-free money growth is the salient feature of this well-loved investment tool. Some TFSA users became millionaires, although they might have employed high-risk strategies to achieve the feat. However, risk-averse investors can take a more cautioned approach and…
Image source: Getty Images Objectively speaking, the Canadian economy isn’t in great shape right now. High food and rent costs, stagnant wages, immigration challenges, the threat of tariffs, and falling GDP per capita all point to trouble. But here’s the thing: the economy is not the stock market. It’s a common misconception. There have been…
When it comes to selecting a stock to buy and hold forever in your Tax-Free Savings Account (TFSA), Hydro One (TSX:H) emerges as a compelling choice. As Ontario’s largest electricity transmission and distribution provider, Hydro One offers the stability and growth potential that long-term investors crave. Hydro One stock Hydro One is the backbone of…
Image source: Getty Images The rise of artificial intelligence (AI) and the rapid development we’re seeing in this space is nothing short of astounding. People with the foresight to identify the right tech stocks, like Nvidia (NASDAQ:NVDA) a few years ago, have made themselves fortunes. While there are several manufacturers of graphics processing units (GPUs), Nvidia…
As we kick off 2025, Canadian investors have a golden opportunity to position their portfolios for long-term growth and income. The Toronto Stock Exchange is home to a treasure trove of dividend-paying stocks that offer stability, consistent income, and the potential for capital appreciation. Among the many options available, three standout names deserve special attention…
With no regular income to bank upon, retirees will have less appetite for risk-taking. Given their lesser risk-taking abilities, retirees should look to invest in stocks with solid underlying businesses, healthy cash flows, and consistent dividend payments. Against this backdrop, let’s look at three ideal Canadian stocks for retirees. Enbridge Enbridge (TSX:ENB) is one of…
Valued at a market cap of $800 million, GDI Integrated Facilities (TSX:GDI) specializes in outsourced facility management services across Canada and the United States. It provides comprehensive cleaning, mechanical maintenance, and building systems services. GDI operates approximately 700 franchises and serves diverse clients, including office buildings, shopping centers, hospitals, airports, and educational facilities. Its services…
After imposing 25% tariffs on steel and aluminum imports, Donald Trump has asked his economic team to develop plans to levy reciprocal tariffs, thus driving the prospects of a global trade war. So, I expect the equity markets to remain volatile in the near term. Given the volatile outlook, investors should be careful while buying…
Royal Bank (TSX:RY) and TD Bank (TSX:TD) are TSX giants in the Canadian banking sector. The performances of the stocks have diverged in the past year with Royal Bank delivering better returns. Investors are wondering if RY stock will continue to outperform or if TD might be undervalued at this point and a better pick…