1 Canadian Stock Ready to Start 2026 With a Bang

Here’s why this long-term Canadian stock has so much potential in the near term, making it a stock you’ll want to buy right now.

| More on:
Canada Day fireworks over two Adirondack chairs on the wooden dock in Ontario, Canada

Source: Getty Images

Key Points

  • Brookfield Corporation (NYSE:BN) is a diversified owner and asset manager of real assets — infrastructure, renewable power, real estate and private credit — generating predictable, often inflation‑linked cash flows alongside scalable fee income.
  • That combination provides downside protection today while its dedicated AI/data‑centre infrastructure strategy, renewables exposure and growing asset‑management platform position it for meaningful long‑term upside in 2026 and beyond.
  • 5 stocks our experts like better than Brookfield Corporation

If you’re looking for a Canadian stock that combines reliability, scale, and serious long-term growth potential, Brookfield Corporation (TSX:BN) stands out heading into 2026. Brookfield has been one of the best stocks that investors can buy and hold long-term for years now.

It’s a stock that has a long track record of compounding capital by investing in high-quality real assets across infrastructure, renewable power, real estate, and private credit. That’s crucial because these are defensive businesses that generate predictable cash flows and tend to perform well across economic cycles, especially in environments with inflation and falling interest rates.

At the same time, Brookfield isn’t just a defensive play with limited upside. It’s also constantly looking for new opportunities and, in recent years, has been positioning itself at the centre of some of the fastest-growing global trends today, including artificial intelligence, data infrastructure, and digitalization.

That combination of reliability and downside protection mixed with Brookfield’s attractive long-term growth potential is exactly why it’s one of the best long-term stocks you can own. However, as reliable as it is as a long-term holding, it also has a tonne of prospects for growth in the near term.

Why Brookfield looks like one of the most compelling Canadian stocks in 2026

One of Brookfield’s biggest strengths is the sheer scale and diversity of its businesses. The company operates across asset management, insurance solutions, and operating businesses, giving it multiple avenues for growth while reducing reliance on any single market or asset class.

For example, Brookfield’s asset management business continues to raise record levels of capital and deploy it into high-demand, defensive assets all over the world. Therefore, that asset-light, fee-generating model provides Brookfield with a growing and highly scalable earnings stream.

However, in addition to that, because Brookfield owns reliable and defensive assets that in many cases are backed by long-term contracts and inflation-linked cash flows, the company has a tonne of resiliency, especially during periods of volatility, while still allowing it to reinvest capital into higher-growth opportunities as they emerge.

Brookfield is quietly one of the best stocks to buy for the AI boom

Although Brookfield is best known for the combination of its asset management business and reliable defensive assets, where the stock really starts to become attractive is the exposure it offers to AI and digital infrastructure.

Unlike most stocks in the AI space that are extremely risky, Brookfield offers investors exposure to the sector through a disciplined, long-term approach that aims to support the industry’s growth.

For example, Brookfield has launched a dedicated artificial intelligence infrastructure strategy focused on building the physical backbone of AI.

This includes data centres, dedicated power solutions, and large-scale compute infrastructure designed for hyperscalers, governments, and global enterprises.

That’s why it’s so compelling for long-term investors. Its approach is built around long-term, highly contracted assets with strong counterparties, leveraging its existing strengths in power generation, infrastructure, land, and large-scale development.

In other words, it’s applying its proven repeatable playbook to one of the most powerful global growth trends we’ve seen in decades.

So, as global spending on AI, data centres, and digital infrastructure continues to accelerate, Brookfield is uniquely positioned to benefit while still protecting the downside.

An attractive mix of reliability and growth

Brookfield is by no means a flashy stock, but that’s exactly why it’s one of the best Canadian stocks investors can buy, both for the long haul and in 2026.

It’s reliable because it offers steady cash flows and disciplined capital allocation, and it’s compelling from a growth standpoint due to its exposure to renewable energy, AI infrastructure, and global digitalization.

So, if you’re looking for a high-quality Canadian stock to buy and hold for the long haul, Brookfield is a stock you’ll want to buy soon, while you can still gain exposure at a reasonable valuation.

Fool contributor Daniel Da Costa has positions in Brookfield. The Motley Fool has positions in and recommends Brookfield. The Motley Fool recommends Brookfield Corporation. The Motley Fool has a disclosure policy.

More on Dividend Stocks

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

How to Use Your TFSA to Double Your Annual Contribution

You could focus on building your TFSA to produce tax‑free income that effectively doubles your annual contribution.

Read more »

Warning sign with the text "Trade war" in front of container ship
Dividend Stocks

1 Incredible TSX Dividend Stock to Buy While it is Down 25%

This stock could surge when Canada and the U.S. finally sort out their trade agreement.

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

Is Brookfield Renewable Stock a Buy for its 5.4% Yield?

Here's what investors should consider if they're interested in buying Brookfield Renewable stock for its compelling 5.4% dividend yield.

Read more »

stocks climbing green bull market
Dividend Stocks

TFSA 2026: 1 Stock to Help Turn Your $7,000 Contribution Into a Dividend-Growth Powerhouse

This company has increased its dividend annually for more than 30 years.

Read more »

House models and one with REIT real estate investment trust.
Dividend Stocks

A Terrific TFSA Stock Paying 4% Each Month

This monthly-paying apartment REIT trades far below its reported asset value, giving TFSA investors income plus potential recovery upside.

Read more »

Real estate investment concept with person pointing on growth graph and coin stacking to get profit from property
Dividend Stocks

A Dividend King to Hold for Decades: The Story of 1 Top TSX Stock

This company has increased the dividend annually for decades.

Read more »

hand stacks coins
Dividend Stocks

Your Path to TFSA Millions: 3 Canadian Stocks for Generational Wealth

Turning a TFSA into generational wealth requires owning solid Canadian businesses that can grow through economic cycles. Here are three…

Read more »

diversification is an important part of building a stable portfolio
Dividend Stocks

1 Practically Perfect Canadian Stock Down 38% to Buy and Hold Forever

Down almost 40% from all-time highs, goeasy is an undervalued dividend stock that offers upside potential in 2026.

Read more »