The stock market is incredibly volatile right now, with the S&P/TSX Composite Index down by 7.7% between March 2 and March 24, 2026. The downturn in the benchmark index for the Canadian stock market reflects the recent overall performance of the TSX. In this environment, it might feel difficult to consider investing in growth stocks.

Investors with a long investment horizon know better than to consider only the current market condition when deciding on investments. Growth stocks are the top investments to become wealthy over time. These companies expand faster than the rest of the market. However, these stocks also have the potential to exhibit losses at a greater scale than the broader market.

Characterized by heightened volatility, the share prices can rise or decline sharply in response to the market sentiment.

Choosing the right growth stocks

The TSX has no shortage of excellent growth stocks that you can consider adding to your self-directed investment portfolio. However, not all growth stocks are made the same. To be successful in the long run on your hunt for growth stocks, you must seek companies with solid underlying fundamentals, a defensive and durable business model, and the potential to be profitable for years.

Recent years have seen tech stocks become virtually synonymous with growth stocks. While most tech stocks are growth stocks, not all growth stocks are from that industry. Today, we will take a look at an incredible growth stock from a very unlikely sector of the economy: Waste management.

SECURE Waste Infrastructure

SECURE Waste Infrastructure Corp. (TSX:SES) is not your average growth stock. The $4.8 billion market-cap company might be one of the most compelling growth stocks to buy and hold for the next decade and beyond. The company operates across the waste management industry, particularly serving the energy sector. It has a portfolio of infrastructure-backed assets. To give it stability across market cycles, it also has a high proportion of industrial- and production-linked volumes.

The geopolitical situation has not been kind to the stock market, but SES stock has had a better time performing on the stock market. As of this writing, SES stock trades for $22.14 per share, and it is up by 26.8% year-to-date. In the same period, the S&P/TSX Composite Index is at the same level as it was at the start of the year.

That said, the tariff-related pressures have weighed on SES stock, but the headwinds appear to be temporary. The company’s performance in its core waste management and infrastructure operations is solid. It comes as no surprise that the stock is doing well on the stock market in an environment that is seeing most stocks pull back.

Foolish takeaway

Over a five-year period, SES stock is up by over 480%, outperforming the rest of the market by a massive margin. The company looks well-positioned to sustain this growth trajectory. It has a strong pipeline of long-duration infrastructure projects ready to come online.

SES stock has strong recurring cash flows, a solid pipeline for growth, and disciplined capital allocation that can make it an excellent growth stock to add to your self-directed investment portfolio.

The post 1 Incredible Growth Stock to Buy Right Now With $200 appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Secure Waste Infrastructure Corp. The Motley Fool has a disclosure policy.

The Tax-Free Savings Account (TFSA) is perhaps the best investment vehicle for the distinguished Canadian stock market investor. Generally, Canadians treat the account as a mattress that they can hide all their savings under. However, savvier Canadians use it far better by including other qualified investments in the registered account.

The real power of the TFSA is not in how much you can add to it in savings for tax-free withdrawals. Rather, it is how the returns on your holdings in the account are tax-free and how it can grow your wealth in the long run. By being smart with the additional $7,000 of contribution room in the TFSA, you can effectively double the value of your investment without adding another penny from your paycheck to the account.

Instead of simply using it for savings, turning the TFSA into a machine that grows your wealth automatically is a possibility. If you have long-term financial goals, the risk tolerance to weather cycles of short-term volatility, and the discipline to remain invested, the TFSA can be the best tool you can use as an investor.

Using stocks to maximize the returns

The TFSA was introduced in 2009, and since then, the government has added more contribution room for Canadians to add to their holdings in that account. Suppose you were eligible to contribute to a TFSA since its inception. In that case, the cumulative contribution room available after the 2026 update would be $109,000.

If you add a holding that can yield around 4%, in about a year and a half, the tax-free returns can easily hit the $7,000 mark. The key to achieving the ability to double your contribution is investing in assets that provide dividends that combine with capital appreciation to accelerate your overall wealth growth.

To this end, you need to seek companies with solid payout ratios, durable earnings growth, and a proven track record of dividend hikes.

Brookfield Asset Management

Brookfield Asset Management (TSX:BAM) is a $97.49 billion market-cap stock that fits the bill for such investments. Brookfield engages in providing alternative asset management services across virtually every sector of the economy worldwide. Due to its diversified nature, BAM stock sits at the intersection of several powerful trends that are acting as tailwinds in the economy.

Artificial intelligence (AI) is perhaps the most powerful trend these days, and AI-driven infrastructure and grid modernization are aspects that BAM is deeply focused on. Brookfield Asset Management has roughly US$600 billion in assets under its management. With around 87% of the fee-bearing capital locked in as long-term capital.

The business model lets BAM provide excellent visibility to investors in terms of fee growth and future cash flows.

Foolish takeaway

If you are an investor seeking long-term double-digit growth, the fee-related and capital-light model of Brookfield Asset Management offers an excellent holding to consider for your self-directed TFSA portfolio. Reinvesting dividends over the years can help you unlock the power of compounding to accelerate your wealth growth.

As of this writing, BAM stock trades for $59.51 per share. Down by over 30% from its all-time highs, it might be the best time to invest in its shares to capture capital gains on its recovery and beyond.

The post How to Use Your TFSA to Double That Annual $7,000 Contribution appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Asset Management. The Motley Fool has a disclosure policy.

Investors looking to outperform the market over the next few years should focus on looking what is beyond all the noise in global markets these days. I am not saying you should ignore the impact that the geopolitical crises can have on your investments. However, it does not mean you should stop considering what comes after the dust settles.

Savvier investors with a greater risk tolerance and well-balanced investment portfolios have no shortage of stocks to consider buying amid the current climate. Making successful investments in this risky and volatile market requires identifying stocks with solid growth prospects, expanding margins, and a clearer view of the growth runway.

I will discuss two TSX tech stocks that can turn you into a millionaire investor over time.

Shopify

Shopify (TSX:SHOP) has been consistently proving why it’s one of the best growth stocks to own in Canada. The $216.72 billion market-cap TSX tech stock has established itself as a strong player in the ecommerce space worldwide. It allows merchants of all sizes to build an online presence, effectively making ecommerce far more accessible to smaller and larger businesses alike.

Over time, it has improved its offerings to offer greater value to merchants using its platform and end consumers using it to purchase products. In particular, its integration of artificial intelligence (AI) has been a massive tailwind for the stock. Its aggressive AI integration lines up perfectly with the growing trend of AI-powered search orders.

As of this writing, Shopify stock trades for $166.18. While it might trade for a premium valuation, Shopify stock could grow significantly in the next few years. It might be a good time to add its shares to your portfolio.

Celestica

Celestica (TSX:CLS) is another TSX tech stock that has been taking advantage of the AI revolution. The $45.28 billion market-cap company provides data centre infrastructure and advanced technology solutions. It has been riding the wave of robust AI-driven demand for the networking equipment it provides.

In its recent quarter, Celestica reported strong Q4 growth. Analysts anticipate that the company will leverage rising volumes to accelerate revenue. The demand for AI infrastructure will only grow over time, and Celestica’s pipeline of opportunities makes it arguably the ideal stock to own to capitalize on growing AI demand.

As of this writing, Celestica stock trades for $393.81 per share. Down by around 18% from its all-time high, it can be a good addition to your portfolio to inject long-term growth.

Foolish takeaway

Both companies are exposed to strong long-term trends that can drive their stocks higher. Shopify is leading the charge for AI-fueled commerce, and Celestica is perfectly positioned to benefit from a sustained demand for AI infrastructure spending.

If you have a well-balanced portfolio and want to take on some risk for high-reward potential, these two might be good investments to consider. While not immune to losses due to short-term market volatility, these two seem the likeliest long-term winners to consider adding to your self-directed investment portfolio.

The post 2 Millionaire-Maker Technology Stocks appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends Celestica. The Motley Fool has a disclosure policy.

While everyone has unique needs, goals, and circumstances, the general goal for stock market investors is to build lasting wealth. Stock market investing in the current geopolitical climate might feel challenging. The volatility riddling stock markets worldwide makes it less appealing to invest in growth stocks due to the higher degree of capital risk such investments pose.

However, the current economic landscape is not all doom and gloom. If you have a long investment horizon, the short-term volatility plaguing stock markets right now should not dictate how you invest. Rather, you should consider the long game and make the most of the situation.

In this environment, taking positions in TSX stocks like MDA Space (TSX:MDA) and Telus (TSX:T) can help you achieve long-term and sustainable wealth growth.

MDA stock boasts the kind of long-term growth momentum that can make early investors significantly wealthier. Telus offers the kind of defensive income that combines with long-term capital appreciation to anchor your portfolio and inject stability into it. These two can give you an excellent balance of growth and stability in your portfolio.

MDA Space

MDA Space stock is the fuel that can help investors see skyrocketing growth in 2026 and beyond. The $5.7 billion market-cap TSX company headquartered in Brampton is a business that services the growing space industry worldwide through advanced technology, solutions, and services. Earlier this month, the company became officially cross-listed on the New York Stock Exchange, indicating what might be on the way for the stock and its investors in the coming years.

The growing demand for satellites and space exploration requires businesses that can help the industry grow through the necessary services and solutions. MDA Space has established itself as one of the biggest players in this space. It is set to benefit from key industry tailwinds, including an increased focus on defence and space infrastructure spending by governments.

This space tech company already has a massive $4 billion backlog that shows solid revenue visibility. As of this writing, it trades for $45.13 per share and is too attractively priced to ignore.

Telus

Where there might be a degree of risk with MDA Space stock, Telus stock offers the stability that an anchor holding can offer in a self-directed investment portfolio. The $28.2 billion market-cap company is one of Canada’s Big Three Telcos, second only to BCE in terms of market capitalization. The company is rapidly positioning itself to become a global tech powerhouse.

It has long been a reliable dividend stock, but there might be a change in tack with its approach to quarterly payouts. Over the last year, there has been a shift from aggressive dividend growth to sustainable growth. The company’s management is leaning toward protecting the payout while fixing its balance sheet.

As of this writing, Telus stock trades for $18.08 per share and pays its investors $0.4184 per share each quarter, translating to a juicy 9.3% dividend yield.

Foolish takeaway

Telus can be an excellent pick for reliable dividend income and capital appreciation. Growth-focused investors can enjoy the potential for multi-bagger returns through stocks like MDA Space. Combined, these two can help you on your way to achieving sustainable wealth growth.

The post 2 Brilliant Growth Stocks to Buy Now and Hold for the Long Term appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends MDA Space and TELUS. The Motley Fool has a disclosure policy.

Introducing the Tax-Free Savings Account (TFSA) in 2009 was perhaps one of the best things the government has done for Canadians in light of the financial crisis that impacted everyone in the world.

You contribute to a TFSA with after-tax dollars. The account has a special status that lets you enjoy the returns on assets held in a TFSA without incurring taxes on any interest income, capital appreciation, or dividends. Besides using the account to hold cash, as the name might imply, you can use it to build a portfolio of TSX stocks.

Since the account lets the growth compound without tax drag, it can be an excellent investment vehicle to achieve your financial goals. With the 2026 update, Canadians have $7,000 of additional TFSA contribution room to use to their advantage. Today, we will discuss how you can make the most of the contribution room.

10-fold returns

It might seem far-fetched, but you can turn an amount as little as $7,000 into $70,000, or even more, with the right approach. To effectively get tenfold returns on your initial investment, you need two crucial ingredients: Solid returns, and plenty of time and patience for compounding to do its magic.

It would be unwise to think that you can get 10-bagger returns in a year or two. It has definitely been done in the past, but it’s rare and luck-based for those who have experienced it. Most often, such substantial returns come along when a business keeps growing through market cycles, and the market eventually pays for it.

Even with some of the best growth stocks, it can take some time to get there. Roughly speaking, a 22% annual return can take about 11-12 years to turn $7,000 into about $70,000. If you get 25% annual returns, it can take as little as 10 years to achieve tenfold returns. The difference might not sound like a lot, but it’s the result of stronger compounding doing more of the heavy lifting for your portfolio earlier.

The key is not chasing whatever can help you hit 25% returns next year. Rather, you should look for investments that can realistically compound at a high rate over a long time. Once you can figure that out, the amount of time you remain invested will do most of the work, not the timing. Picking a business that can keep growing and letting its shares grow inside a TFSA without panic-selling each time there’s a market crash can help you get there.

Foolish takeaway

Against this backdrop, Dollarama (TSX:DOL) might just be my favourite stock to consider. It offers capital appreciation that can realistically achieve 10-fold returns for a self-directed TFSA portfolio. The stock also appeals highly to investors with a low risk tolerance due to its defensive business model that protects the underlying business and investor returns through market cycles.

Dollarama is Canada’s largest discount retailer that sells everyday essentials and small discretionary items at low and fixed prices. By selling similar items for less than an average business does, Dollarama’s business model keeps its customers coming back.

When the economy is doing well and people have a lot to spend, Dollarama enables people to get more bang for their buck. During harsh economic environments, people tend to cut costs. In times like these, Dollarama makes necessities more accessible for them. The business model has yielded excellent returns for Dollarama investors over the years, through every market cycle. Based on its 10-year performance, Dollarama stock has had an average compounded annual return of around 22-25%. The growth stock with excellent defensive qualities is my pick for a multi-bagger investment. It might warrant allocating at least a portion of your $7,000 TFSA contribution room for 2026.

The post How to Turn the 2026 TFSA Contribution Into $70,000 (or More) appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Dollarama. The Motley Fool has a disclosure policy.

What do you suppose you would do if you just received $1,000 to do with it whatever you please? Many people might use it to buy something nice. Others might add it to their savings under the mattress. Some might even set it aside in a high-interest savings account to earn interest income, which will make as much of a difference as putting it under a mattress would.

Investing the money in the stock market, particularly into high-quality blue-chip stocks, and letting it stay invested can deliver far more returns. Investing with a long-term strategy, especially buying during periods of market volatility, can be more rewarding for investors.

Today, we will discuss two TSX stocks that you can consider investing in to get compelling long-term returns in your self-directed investment portfolio.

Suncor Energy

Suncor Energy Inc. (TSX:SU) is a $99.8 billion market-cap integrated energy company headquartered in Calgary. The company’s integrated business model means it has a stake in several stages of the energy industry, from extracting oil from oil sands and offshore facilities, to refining fossil fuel products and retailing it to end consumers.

Amid the ongoing geopolitical tensions, energy prices have gone up. As of this writing, the price of West Texas Intermediate (WTI) crude has climbed to US$92.96 per barrel from US$67 per barrel. Supply disruptions might continue for longer, leading to even higher energy prices. Suncor’s business model allows the company to make the most of it.

With reduced operating costs, a stronger balance sheet, and the ability to return capital through dividends, it can be an excellent holding to consider.

Canadian National Railway

Canadian National Railway Co. (TSX:CNR) is a pillar of stability for stock market investors with a low risk tolerance. The $85.4 billion market-cap giant owns and operates a railway network that connects Canada’s Eastern and Western coasts with the US Midwest and Gulf Coast. It is responsible for transporting over 300 million tons of goods, resources, and products each year.

If stability and returns are priorities for an investor, CNR stock definitely deserves attention. It might not offer much in terms of rapid capital gains, even when the market is soaring. However, it also doesn’t follow the rest of the market at the same rate during downturns. The same quality that might make it boring for some investors makes it a foundational holding for others.

CNR stock has also increased its payouts consistently. As of this writing, CNR stock trades for $139.75 per share and pays investors $0.915 per share each quarter, translating to a 2.6% dividend yield. While the returns might not seem too high, they keep growing each year and are consistent enough to warrant a long-term buy-and-hold approach with CNR stock.

Foolish takeaway

Even $1,000 can go a long way when you invest it in the right assets. Suncor offers you exposure to the volatile yet lucrative energy market, which can offer substantial capital appreciation. Canadian National Railway offers the stability and defensive qualities to offset potential losses of energy stocks during market volatility.

For long-term investors who can stomach short-term volatility for greater rewards later, these two TSX stocks can be excellent starter investments to consider.

The post The Best Stocks to Invest $1,000 in Right Now appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Canadian National Railway. The Motley Fool has a disclosure policy.

Have you ever thought that you could become one of those people who become millionaires by just investing in the stock market? If you’re at all skeptical, you might think it’s a pipedream, but learning how to maximize the potential of retirement accounts like the Tax-Free Savings Account (TFSA) can make the dream seem much closer to reality.

This account has been a blessing for Canadians since its introduction in 2009. Any holdings you contribute to your TFSA are with after-tax dollars, meaning that you’ve already paid taxes on it. Any returns that your eligible TFSA holdings generate will, in turn, not incur taxes. The returns can grow your wealth without taxes on interest, dividends, or capital gains.

If you want to try to become a millionaire as an investor, it’s important to understand that you’re in it for the long haul.

Rome wasn’t built in a day

Many people assume that becoming a millionaire requires shoring up on savings. By parking your money in an account, you can generate interest income from it. However, the rate of returns, especially with the key interest rate cuts, cannot speed up your wealth growth even with compounding.

Instead of simply setting money aside, putting that money to work for you in the stock market can yield much better returns. With the right portfolio of stocks, you can enjoy tax-free wealth growth through dividends and capital gains. By reinvesting the returns to purchase more shares and growing your portfolio, you can compound it to accelerate the growth. This way, achieving financial freedom can be much faster.

The exact math might be more complex, but the principle is simple: Someone who has invested for 60 years in the market will need to save less than someone investing in the market for 40 years to get to the same point. Since compounding already grows the initial capital you invested, the returns are simply greater each year. The more you keep investing, the faster you can grow your wealth.

While saving more will help you get there faster, using a disciplined approach and starting early are key factors to real success as an investor.

How much to save each month

Having an exact formula for how much one should save would be ideal, and there would be far more millionaires in Canada right now if such a formula were possible. There can never be a solution that works the same for everyone. Each individual has their own life goals, requirements, age, and earning capacity.

Suppose you invest for 35 years, with a portfolio earning an average annual return of around 4.7%. During this period, you consistently save about $980–$1,000 per month (roughly $11,800–$12,000 per year). This would grow into a portfolio value of approximately $1,000,000-plus over time.

Now, consider a shorter timeline of someone investing for 30 years with the same annual returns. In this scenario, you’d have to save closer to $1,300–$1,350 per month (about $15,800–$16,200 annually) to reach a similar portfolio value.

Foolish takeaway

Investing in high-quality dividend stocks can be the best way to achieve the kind of returns it would take to become a millionaire sooner. To this end, Brookfield Asset Management (TSX:BAM) might be one of the top picks to consider.

Brookfield is a $99.8 billion market-cap company that provides alternative asset management services across various sectors of the economy worldwide. The company effectively invests in everything from renewable power and transition to real estate, the credit industry, and even private equity.

The global alternative asset manager has been doing well over the years, and despite rising geopolitical tensions, it did remarkably well in 2025. The company’s fee-related earnings were up by 22% from the previous year. It saw a 14% increase in distributable earnings, and its fee-bearing capital was over $600 billion. With the recent dividend hike, Brookfield now pays its investors US$0.50 per share, translating to roughly 4.7% in annualized dividend income.

A well-capitalized stock like Brookfield Asset Management can be an excellent foundational holding to start building your millionaire TFSA portfolio.

The post TFSA Millionaire Goals: Here’s How Much You Should Save Monthly appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Asset Management. The Motley Fool has a disclosure policy.

The stock market is volatile right now, with the S&P/TSX Composite Index down by 4.7% from its 52-week high. The downturn in the benchmark index for the Canadian stock market effectively mirrors the state of the economy and investor sentiment around it. Investing in growth stocks when the market is uncertain can be very risky. However, times like these are when most successful investors find the best deals.

Growth stocks are higher-risk investments than blue-chip stocks, but also boast the potential of higher returns. Not every growth stock has what it takes to weather the storm and emerge stronger on the other side. However, some growth stocks have a greater chance of becoming winners when the dust settles.

Against this backdrop, here are two TSX tech stocks that you might want to have on your radar, if not add them to your self-directed portfolio right away.

Kinaxis

Kinaxis (TSX:KXS) is a $3.75 billion market-cap company that operates in the supply chain industry. It is effectively a tech stock and an artificial intelligence (AI) stock that powers complex global supply chains, helping its clients streamline operations. Its AI-powered supply chain platform helps businesses worldwide handle supply chain logistics much better.

With supply chain issues plaguing businesses everywhere, companies like Kinaxis will become increasingly important. The chaos in the sector has been a boon for Kinaxis. The company’s Q3 results showed that it saw an 11% year-over-year increase in revenue.

With strong operating margins, there might be plenty of bottom-line growth for the company in the years ahead. In turn, its investors can enjoy significant returns through capital appreciation. As of this writing, KXS stock trades for $135.49 per share.

Celestica

Celestica (TSX:CLS) might not be one of the most well-known names among tech stocks, but the $44.46 billion market-cap tech stock warrants some attention. The manufacturing powerhouse headquartered in Toronto has been fully capitalizing on the boom in AI data centers. The company provides much of the hardware these facilities require.

The demand for AI datacentres has skyrocketed in the last few years, and CLS stock has benefited. This past quarter saw Celestica report a 28% top-line growth compared to the same period last year. It also reported a massive 58% growth in its earnings per share.

At current levels, the stock still has significant room for growth. While not immune to the risks that come with investing in growth stocks, Celestica seems poised to have a breakout year in 2026.

Foolish takeaway

The broader environment might seem increasingly uncertain right now, especially with no clear end in sight to tensions in the Middle East. However, investors with a long-term outlook know that looking beyond the noise and investing smartly can help them enjoy significant success down the line.

If you can find it in you to weather the short-term volatility that the market is experiencing right now, investments like Celestica stock and Kinaxis stock can help you achieve your wealth growth goals.

The post 2 Supercharged Canadian Picks Set to Break Out in 2026 appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Celestica and Kinaxis. The Motley Fool has a disclosure policy.

Stock market investors were already wary of rising geopolitical tensions that had been causing disruptions to markets worldwide in 2025. However, 2026 brought with it a violently reshaped situation in the Middle East after the U.S. and Israel attacked Iran, and it retaliated. The entire Gulf region is in a volatile state right now, and oil prices are rising.

There is a greater threat to global supply chains due to the new conflict, and it has triggered a sell-off across the board in markets worldwide. In times of economic turmoil, seasoned investors do not panic. Rather, they treat these situations as opportunities to get the best deals on the stock market. It can be the best time to invest in undervalued stocks to capture potentially substantial long-term gains once the dust settles.

Today, I will discuss two stocks that you should have on your radar, especially if you have money set aside to invest in the market during this period of market volatility.

Air Canada

Air Canada (TSX:AC) is a name that needs little introduction for Canadians. The $5.03 billion market-cap giant on the TSX is the flag-carrying Canadian airline. As the nation’s largest airline, it provides domestic and international flights, alongside a cargo division that services hundreds of destinations worldwide.

The world seems to be inching closer to an energy crisis, and that can impact the transportation sector. Despite that, some market analysts consider Air Canada to possibly be a good investment. The company saw its December 2025-ending quarter with impressive results. From a $644 million net loss in Q4 of fiscal 2024, the same quarter in fiscal 2025 saw it report $296 million in net income.

The energy crisis might put pressure on it in the short term. However, the airline looks well-positioned to deliver outsized returns once the dust settles.

Diversified Royalty

Diversified Royalty Corp. (TSX:DIV) is a stock that you can invest in to offset the impact of potential losses from higher-risk investments. Diversified Royalty is a $679.39 million market-cap royalty corporation that acquires top-line royalties from well-managed multi-location businesses and franchisors across North America. Its primary goal is to acquire royalty streams that grow payouts without being too unpredictable.

With its money diversified across several royalty partners, it generates revenue by collecting a small percentage of their sales. The business model has been successful for the business, and its latest earnings report reflects that. The company’s net income in the first three months of 2025 grew by 13.6% compared to the same period last year, as it continues to deliver solid organic growth during these times.

As of this writing, DIV stock trades for $3.99 per share and pays investors $0.02375 per share each quarter, translating to a 7.14% dividend yield that you can lock into your self-directed portfolio today.

Foolish takeaway

If you have $10,000 to invest in the stock market right now, I would not recommend spending it all to buy just two TSX stocks. Diversifying your investment capital across several stocks can be a good way to capture upside potential without taking on unnecessary risk to your capital.

That said, I would advise allocating at least a small portion of it to buying and holding these two TSX stocks. This way, you can balance a higher-risk investment through Air Canada stock with a passive-income-focused investment through Diversified Royalty stock.

The post Top Canadian Stocks to Buy With $10,000 in 2026 appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Air Canada. The Motley Fool has a disclosure policy.

Every now and then, as an investor, you will come across the news of a stock split. Stock splits are a common way for publicly-traded companies to increase or decrease the number of shares in the stock market without changing a stock’s value or market capitalization. Companies do this to improve liquidity and ultimately benefit shareholders in the long run.

Stocks boasting significantly high share prices, track records for long-term compounding, and share prices in four digits are typically due for stock splits. Today, I will discuss two TSX stocks that have all the right ingredients pointing to a stock split happening soon.

Canadian Pacific Kansas City

Canadian Pacific Kansas City Ltd. (TSX:CP) is a Canadian stock that has already gone through stock splits in the past. With the most recent in May 2021, it has seen a total of three splits. This shows how the company’s management already has a track record of using splits to make share prices more accessible when they get too high to hamper day-to-day liquidity.

CPKC boasts one of the most extensive railway networks in North America. Its network is the only single-line railway that connects Canada, the US, and Mexico. As of this writing, CP stock trades for $11.74 per share. While that might not be too uncomfortably high, continued growth for the company might bring its share prices up to that point again.

The management at the railway might go for another stock split to keep shares accessible to a wider pool of retail investors.

Constellation Software

Constellation Software Ltd. (TSX:CSU) is a TSX tech stock that has never gone through a stock split, but seems primed to do so. Constellation isn’t a standard tech stock. Rather, it operates more like a venture capital firm that invests in tech companies and makes them better under its belt. CSU acquires vertical market software businesses that are already generating revenue, brings them under its umbrella, and drives more growth for the underlying business. In turn, it grows value for its shareholders.

Despite never having gone through one, I think it is ready for a split. As of this writing, it trades for $2,527.08. Considering that it is in the four-digit share price range, it is not as accessible to retail investors. Even with the availability of fractional shares, that seems like too high a price tag for many.

I think that there might be a stock split on the horizon. At least, that is what investors who want to get in on the action with this stock would prefer. It remains to be seen whether the company’s management will enact a stock split.

Foolish takeaway

If this will be your first time investing in stocks after splits, it’s important to remember that they do not change the intrinsic value of the underlying business. The impact is really on the accessibility and perception of the stocks.

With share prices as high as they are, it might be a matter of time till we see CSU stock and CP stock enact splits to make shares more accessible to retail investors and invite more shareholders to the registry without making changes to the business.

The post Stock Split Alert: 2 TSX Stocks That Could Split in 2026 appeared first on The Motley Fool Canada.

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Fool contributor Adam Othman has no position in any of the stocks mentioned. The Motley Fool recommends Canadian Pacific Kansas City and Constellation Software. The Motley Fool has a disclosure policy.