3 Top Stocks to Buy With $7,000 and Hold for Decades in Your TFSA [Yahoo! Finance Canada]

Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
enbridge.com/investment-center/dashboard
Company Research
Source: Yahoo! Finance Canada
With the TSX trading near its record high, investors are wondering which top Canadian dividend stocks might still be good to buy right now for a self-directed Tax-Free Savings Account (TFSA) focused on passive income and total returns. Fortis Fortis TSX:FTS ) doesn't offer a high dividend yield, but the dividend-growth outlook and the reliability of the revenue and cash flow make the utility company hard to beat when it comes to finding a solid stock to own for income and long-term capital gains. Fortis owns $75 billion in utility assets spread out across Canada, the United States, and the Caribbean. The businesses include power generation facilities, electricity transmission networks, and natural gas distribution utilities. Companies and households need electricity and natural gas regardless of the state of the economy, so Fortis is a good stock to own during challenging economic conditions. Fortis grows through acquisitions and organic developments. The current $26 billion
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ENB
News
- Enbridge Looks to Raise Canada's Oil Flows to U.S. via New Pipeline [Yahoo! Finance]Yahoo! Finance
- Enbridge (ENB) Stock Moves -1.24%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions [BNN Bloomberg (Canada)]BNN Bloomberg
- Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions [Yahoo! Finance Canada]Yahoo! Finance Canada
- Income Seekers: 4 Stocks Paying Over 5% [Yahoo! Finance Canada]Yahoo! Finance Canada
ENB
Earnings
- 5/9/25 - Beat
ENB
Sec Filings
- 6/20/25 - Form 8-K
- 6/18/25 - Form 424B5
- 6/16/25 - Form FWP
- ENB's page on the SEC website