The Tax-Free Savings Account (TFSA) is one of the best, if not the best, vehicles for creating long-term income for investors. You get tax-free withdrawals at any time, with your contribution limits increasing each and every year. So, by the time you reach retirement, you could have a whole host of investments in there that…
Despite the uncertainty surrounding the impact of tariffs on global economic growth, the S&P/TSX Composite Index is up 12.5% year-to-date. The expectation of rate cuts by the United States Federal Reserve and healthy second-quarter performance appear to have improved investors’ confidence, driving the Canadian equity markets. However, the following two Canadian stocks have failed to…
Canadian tech stocks had a good time in the limelight during the tech boom a few years ago, right around the pandemic. The sector-wide meltdown led to many people stepping away from the tech sector to avoid unnecessary capital risk. However, many Canadian investors saw multi-fold returns through stocks like Shopify. While that is the…
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…
Some of you might know Blackberry Ltd. (TSX:BB) from the days when it was the leader in the handheld phone market. Others might know Blackberry from the 2023 movie that told the story of its rise and fall. Whatever you know it from, I believe Blackberry stock is worth considering, as it’s grossly underappreciated and…
In the world of Canadian technology, BlackBerry (TSX:BB) once reigned supreme. Known for its iconic smartphones, it was a symbol of innovation. But times have changed. BlackBerry has shifted its focus to cybersecurity and software solutions. While it remains a significant player, other tech stocks are emerging as leaders in the tech space. One such…
2025 could see a structural shift in Canadian stocks as the Bank of Canada cuts interest rates to boost consumption. The government has also reduced immigration targets to ease house prices. Moreover, Trump tariffs could create short-term tensions in export-led sectors, especially automotive. How to optimize Canadian investments for 2025 Navigating these macroeconomic factors, you…
The tax-free savings account, or TFSA, total contribution limit is currently $102,000. This year, $7,000 was added to this cumulative limit. So if you’re not sure where to invest this money, read on as I go over the best Canadian stocks to buy for your TFSA today. Blackberry stock Blackberry Ltd. (TSX:BB) is Canada’s answer…
Image source: Getty Images BlackBerry (TSX:BB) has been on a remarkable run lately, surging nearly 80% over the past four months. This performance has far outpaced the broader TSX Composite Index, which gained a more modest 5.5% over the same period. As one of the top-performing stocks in my portfolio right now, BlackBerry’s resurgence is…
Image source: Getty Images On Friday, the Canadian equity markets continued their uptrend, with the S&P/TSX Composite Index touching a new high amid solid September employment numbers in the United States. Meanwhile, the index is up over 15% for this year. Despite the uptrend, the following three TSX stocks are trading over 20% lower than…