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…
Retirement is the longest and biggest investment one makes. Saving up for your dream retirement may or may not become a reality, as several factors can affect your retirement pool. A family emergency might require you to withdraw money from the retirement pool. Only when your present is safe can you secure your future. A…
Canada’s transportation sector is expected to grow steadily through 2030. According to a research report from Grand View Research, Canada’s logistics market is forecast to grow to $473.7 billion by 2030, indicating a compounded annual growth rate of 7.5%. Several other subsectors, such as warehousing, freight, and distribution, are also poised to expand in the…
Image source: Getty Images Escalating global trade tensions have added uncertainty to the Canadian stock market in early 2025. While the TSX Composite Index surged 3.3% in January, it has since slipped 1.6% in February as investors react to shifting trade policies. Despite these short-term concerns, the expectation of more interest rate cuts could provide…
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 If I had $1,000 to invest in a Canadian bank exchange-traded fund (ETF) and hold it forever, iShares S&P/TSX Capped Financials Index ETF (TSX:XFN) would be my top choice right now. The ETF offers diversified exposure to Canada’s largest banks and financial institutions, combining steady growth with reliable dividends. While individual…
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…